ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.118%

Price spread now: Aevo against Lighter−0.105%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.448%−$45 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.105% cheaper against Lighter than usual: you would sell low and buy high (−$11 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	Lighter ENA	0.2129	0.0232	pay 0.0029% / 1h	23m 19s	$5.3M	$13.1M	10x
Short	Aevo ENA-PERP	0.2127	0.0104	get 0.0013% / 1h	23m 19s	$74K	$4K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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 LighterbpFee AevobpOrdersPrice spread, now −0.105%Rate

Funding earned: −$26.88
Price spread: −0.105% → 0.000%: −$10.52
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$53.4
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 5 min ago; Aevo: 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 Lighter live order book, 5 min ago	2.13 bp	3.8 bp −$4	19.6 bp −$196	358.2 bp −$35.8K	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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_USDC	−0.0140%	4h	0.2127	−0.066%	$44K	$25K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2128	−0.042%	$74K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2126	−0.119%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.258%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0040%	1h	0.2124	−0.244%	$4K	$277	10x	as long as short
Gate ENA_USDT	+0.0058%	4h	0.2124	−0.230%	$11.2M	$23.8M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2123	−0.277%	$58K	$467K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2120	−0.402%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2122	−0.312%	$657K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2124	−0.207%	$115.6M	$74.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2125	−0.184%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2122	−0.335%	$398K	$525K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2125	−0.175%	$128.8M	$418.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2126	−0.117%	$86.0M	$175.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2127	−0.113%	$21.3M	$104.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2113	−0.752%	$20K	$322K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2121	−0.371%	$79K	$278K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2125	−0.202%	$46.5M	$41.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2124	−0.235%	$24.8M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2126	−0.132%	$48.3M	$57.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2126	−0.136%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2102	−1.263%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2106	−1.064%	$243K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2112	−0.797%	$354K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2106	−1.076%	$19K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2124	−0.240%	$191K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2074	−2.593%	$1K	$874K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2127	−0.089%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2122	−0.324%	$268K	$796K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2127	−0.089%	$1.8M	$8.9M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2118	−0.512%	$93K	−$0	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2126	−0.128%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERPshort	+0.0104%	1h	0.2127	−0.105%	$74K	$4K	3x
Phoenix ENA	+0.0153%	1h	0.2103	−1.202%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0162%	1h	0.2127	−0.080%	$2.6M	$4.3M	50x	as long as short
Lighter ENAlong	+0.0232%	1h	0.2129	long leg	$5.3M	$13.1M	10x
dYdX ENA-USD	+0.0282%	1h	0.2119	−0.485%	$140K	$16K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0753%	1h	0.2126	−0.157%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2126	−0.122%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2124	−0.228%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0587%	1h	0.2122	−0.329%	$359K	$400K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2118	−0.503%	$867K	$1.7M	50x	as long as short