ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.43 per $10,000 · paid last 24h −0.043%

Price spread now: Orderly against KuCoin−0.104%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 −$3 a day on $10k at the current rate, and Orderly is 0.104% cheaper against KuCoin than usual: you would sell low and buy high (−$10 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	KuCoin ENAUSDTM	0.2125	0.0100	pay 0.0050% / 4h	3h 57m	$24.6M	$16.4M	75x
Short	Orderly PERP_ENA_USDC	0.2122	0.0014	get 0.0007% / 4h	3h 57m	$41K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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 KuCoinbpFee OrderlybpOrdersPrice spread, now −0.104%Rate

Funding earned: −$18.06
Price spread: −0.104% → 0.000%: −$10.35
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$46.41
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	1.18 bp	18.1 bp −$18	36.6 bp −$366	doesn't fit	doesn't fit
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
Backpack ENA_USDC_PERP	−0.0128%	1h	0.2125	+0.005%	$378K	$445K	5x	as long as short
dYdX ENA-USD	0.0000%	1h	0.2124	−0.054%	$140K	$15K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2124	−0.028%	$94K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2125	−0.003%	$105K	—	150x	as long as short
Orderly PERP_ENA_USDCshort	+0.0014%	4h	0.2122	−0.104%	$41K	$24K	10x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.061%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2126	+0.061%	$63K	$525K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2125	+0.032%	$683K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2125	−0.006%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2125	+0.006%	$412K	$560K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2123	−0.071%	$131.8M	$448.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2121	−0.169%	$89.2M	$188.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2122	−0.141%	$20.7M	$110.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2124	−0.009%	$15K	$395K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2127	+0.108%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.061%	$90K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2123	−0.075%	$10.8M	$20.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2123	−0.061%	$46.4M	$44.0M	200x	as long as short
KuCoin ENAUSDTMlong	+0.0100%	4h	0.2125	long leg	$24.6M	$16.4M	75x
Bitget ENAUSDT	+0.0100%	4h	0.2121	−0.193%	$48.2M	$63.1M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2123	−0.061%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2124	−0.016%	$3.9M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2125	+0.029%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2126	+0.064%	$361K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2127	+0.108%	$34K	$714K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2125	+0.019%	$177K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2076	−2.287%	$1K	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2123	−0.080%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2137	+0.560%	$277K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2123	−0.080%	$2.0M	$9.3M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2125	+0.015%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2126	+0.040%	$78K	$2K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2129	+0.193%	$7K	$341K	10x	as long as short
01 Exchange ENAUSD	+0.0232%	1h	0.2130	+0.240%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0235%	1h	0.2125	+0.026%	$2.7M	$5.2M	50x	as long as short
Extended ENA-USD	+0.0248%	1h	0.2121	−0.184%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2125	−0.006%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2123	−0.066%	$5.6M	$4.7M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2124	−0.023%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0600%	1h	0.2126	+0.052%	$5.6M	$12.5M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2127	+0.127%	$840K	$1.9M	50x	as long as short
Hyperliquid ENA	+0.0788%	1h	0.2127	+0.118%	$114.7M	$78.4M	10x	as long as short