Funding you earn now, next payment 05:00 UTC−0.0117%/8h= −12.8% APRnext payment −$0.15 per $10,000 · paid last 24h +0.029%
Price spread now: 01 Exchange against Kraken Futures−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$4 a day on $10k at the current rate, and 01 Exchange is 0.067% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 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 | Kraken Futures PF_ENAUSD | 0.2111 | 0.0173 | pay 0.0022% / 1h | 51m 03s | $2.6M | $4.3M | 50x |
| Short | 01 Exchange ENAUSD | 0.2110 | 0.0056 | get 0.0007% / 1h | 51m 03s | $4K | $302 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.56
- Price spread: −0.067% → 0.000%
- −$6.65
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$48.21
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; 01 Exchange: 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 Kraken Futures live order book, 3 min ago | 11.35 bp | 16.4 bp −$16 | 26.6 bp −$266 | 104.3 bp −$10.4K | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack ENA_USDC_PERP | −0.0215% | 1h | 0.2112 | +0.019% | $362K | $402K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0085% | 4h | 0.2111 | −0.019% | $44K | $25K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2111 | 0.000% | $73K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2111 | +0.011% | $82K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.578% | $522 | $57K | 5.5x | as long as short |
| 01 Exchange ENAUSDshort | +0.0056% | 1h | 0.2110 | −0.067% | $4K | $302 | 10x | |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2109 | −0.104% | $56K | $464K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2109 | −0.096% | $47K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2109 | −0.104% | $655K | $1.7M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2112 | +0.028% | $1.5M | $3.2M | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2110 | −0.052% | $403K | $511K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2109 | −0.090% | $128.3M | $415.1M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2109 | −0.128% | $85.2M | $175.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2109 | −0.119% | $21.1M | $103.8M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2114 | +0.151% | $20K | $325K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2110 | −0.057% | $78K | $276K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2115 | +0.196% | $93K | $4K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2111 | −0.019% | $11.1M | $22.1M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2111 | −0.014% | $46.0M | $40.9M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2112 | +0.047% | $25.0M | $15.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2108 | −0.161% | $48.0M | $57.8M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2111 | −0.005% | — | $32.1M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2110 | −0.039% | $3.0M | $10.0M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2114 | +0.123% | $244K | $6.9M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2116 | +0.225% | $355K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2118 | +0.322% | $20K | $649K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2112 | +0.028% | $178K | $2.3M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2059 | −2.496% | $1K | $852K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2111 | −0.010% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2112 | +0.028% | $273K | $793K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2111 | −0.010% | $1.7M | $8.9M | 50x | as long as short |
| Lighter ENA | +0.0104% | 1h | 0.2113 | +0.071% | $5.2M | $13.2M | 10x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2110 | −0.050% | $1.6M | $4.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2111 | −0.004% | $74K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0113% | 1h | 0.2115 | +0.199% | $8K | $274K | 10x | as long as short |
| dYdX ENA-USD | +0.0136% | 1h | 0.2112 | +0.030% | $140K | $15K | 5x | as long as short |
| Kraken Futures PF_ENAUSDlong | +0.0173% | 1h | 0.2111 | long leg | $2.6M | $4.3M | 50x | |
| GMX ENA/USD [ETH-USDC] | L +0.0306% / S −0.0358% | 1h | 0.2111 | −0.009% | $70K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2110 | −0.076% | $5.6M | $3.0M | 75x | as long as short |
| Hyperliquid ENA | +0.0370% | 1h | 0.2114 | +0.137% | $115.2M | $74.0M | 10x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2111 | −0.031% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0656% | 1h | 0.2116 | +0.241% | $865K | $1.7M | 50x | as long as short |
Kraken Futures PF_ENAUSD
01 Exchange ENAUSD
Backpack ENA_USDC_PERP
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Popdex ENAUSDT
Paradex ENA-USD-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Lighter ENA
Extended ENA-USD
Phoenix ENA
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Hyperliquid ENA
Coinbase International ENA-PERP-INTX