ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.037%

Price spread now: Orderly against Gate−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Orderly is 0.057% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENA_USDT	0.2098	0.0100	pay 0.0050% / 4h	1h 54m	$10.5M	$21.1M	50x
Short	Orderly PERP_ENA_USDC	0.2096	−0.0078	pay 0.0039% / 4h	1h 54m	$41K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee OrderlybpOrdersPrice spread, now −0.057%Rate

Funding earned: −$37.43
Price spread: −0.057% → 0.000%: −$5.72
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$64.15
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	6.95 bp	15.9 bp −$16	29.8 bp −$298	56.1 bp −$5,607	93.2 bp −$46.6K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ENA_USDCshort	−0.0078%	4h	0.2096	−0.057%	$41K	$24K	10x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2097	−0.033%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2097	−0.044%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.230%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0056%	1h	0.2097	−0.019%	$4K	$432	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2097	−0.020%	$2.6M	$5.6M	50x	as long as short
Phoenix ENA	+0.0076%	1h	0.2089	−0.415%	$5K	$356K	10x	as long as short
Backpack ENA_USDC_PERP	+0.0091%	1h	0.2099	+0.052%	$362K	$485K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2096	−0.076%	$60K	$538K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2095	−0.120%	$47K	$221	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2096	−0.098%	$657K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2098	+0.013%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2096	−0.078%	$405K	$587K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2098	0.000%	$129.0M	$463.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2098	0.000%	$87.2M	$193.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2098	+0.014%	$20.2M	$113.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2085	−0.615%	$20K	$412K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2097	−0.029%	$82K	$223K	10x	as long as short
Gate ENA_USDTlong	+0.0100%	4h	0.2098	long leg	$10.5M	$21.1M	50x
MEXC ENA_USDT	+0.0100%	4h	0.2098	+0.014%	$45.2M	$46.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2098	+0.029%	$24.0M	$16.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2097	−0.043%	$47.4M	$65.5M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2098	+0.005%	—	$33.0M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2093	−0.216%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2084	−0.634%	$248K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2088	−0.458%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2089	−0.410%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2098	+0.019%	$190K	$2.8M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2046	−2.436%	$1K	$813K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2096	−0.076%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2099	+0.062%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2096	−0.076%	$1.9M	$9.2M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2083	−0.673%	$88K	$2K	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2097	−0.029%	$77K	$11K	3x	as long as short
Extended ENA-USD	+0.0208%	1h	0.2097	−0.048%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0217% / S −0.0354%	1h	0.2097	−0.029%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2096	−0.062%	$5.5M	$8.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2097	−0.043%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0504%	1h	0.2100	+0.119%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0568%	1h	0.2101	+0.140%	$110.7M	$79.7M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2094	−0.157%	$801K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1861%	1h	0.2098	+0.029%	$139K	$15K	5x	as long as short