ENA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_ENAUSD	0.2107	−0.0095	get 0.0012% / 1h	16m 40s	$2.9M	$4.6M	50x	Long Kraken Futures
SHORT	RISExENA/USDC	0.2107	−0.4464	pay 0.0558% / 1h	16m 40s	$181K	$339K	10x	Short RISExInvite

Price gap+0.002%

Funding gap−0.4369% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $131 a day and eats that in about under an hour.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$15−0.4369% /8h now · paid +0.155% over the last 7D

Price+$5spread +0.002% now, avg −0.051% → +0.053% if it goes back

Costs−$460.464% of $10k · taker + slippage, in and out

Result−$26−0.26%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.155% in total, about +0.0074%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.002%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ENA on 45 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size16.9 / 5.2 bp
At $10k entering Kraken Futures costs 16.9 bp, fee and slippage, 3.3× RISEx’s.
Note: Margin at max leverage$200 + $1,000
Kraken Futures 50x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$131.08Long Kraken Futures: 24 payments, +$2.85; short RISEx: 24 payments, −$133.93.
OK: Entry gap works for you+0.002% vs −0.051%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$181K vs $2.9M OI
RISEx sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKraken Futures Yes · RISEx No
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0074%/8h × 21 periods+$15.48

Price spread+0.002% → −0.051% (7d avg)+$5.30

Slippage, 4 orderslive order books−$30.44

Fee Kraken Futures bp × 2 orders−$10.00

Fee RISEx bp × 2 orders−$6.00

Net · 7 days · $10k−$25.66

Costs to cover0.464%Break-even18.6 days

Slippage: Kraken Futures: live order book, 3 min ago; RISEx: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures11.6616.9 bp−$1720.2 bp−$20246.1 bp−$4,610doesn’t fit

SELL · SHORTRISEx1.925.2 bp−$530.0 bp−$300doesn’t fitdoesn’t fit

Closing costs about the same again.

ENA news

posts that mention ENA, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market ENARUSDPERP ($ENA) seen by our collector
10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-20 09:08	Bullet	Listing	By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-20 08:16	Bullet	Listing	new market ENA-USD ($ENA) seen by our collector
10-16 07:56	Pacifica	Listing	$ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗

ENA