ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0400%/8h= −43.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.230%

Price spread now: 01 Exchange against Lighter−0.110%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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 −$12 a day on $10k at the current rate, and 01 Exchange is 0.110% 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	0.2099	0.0504	pay 0.0063% / 1h	33m 31s	$5.6M	$12.9M	10x
Short	01 Exchange ENAUSD	0.2097	0.0104	get 0.0013% / 1h	33m 31s	$4K	$432	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.110%Rate

Funding earned: −$84
Price spread: −0.110% → 0.000%: −$10.96
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$101.96
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 5 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 Lighter live order book, 5 min ago	0.24 bp	2.0 bp −$2	5.3 bp −$53	148.8 bp −$14.9K	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	−0.0084%	1h	0.2096	−0.143%	$362K	$481K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0063%	4h	0.2093	−0.281%	$40K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2095	−0.200%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2093	−0.286%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.158%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2096	−0.150%	$2.6M	$5.6M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2095	−0.195%	$61K	$535K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2096	−0.141%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2089	−0.491%	$657K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2096	−0.155%	$1.5M	$3.3M	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	0.2096	−0.129%	$406K	$581K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2095	−0.200%	$129.0M	$457.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2094	−0.267%	$87.1M	$191.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2095	−0.210%	$20.2M	$112.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2094	−0.233%	$15K	$411K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2097	−0.100%	$82K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2098	−0.060%	$88K	$1K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2096	−0.148%	$10.4M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2096	−0.143%	$45.1M	$46.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2097	−0.076%	$24.0M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2095	−0.195%	$47.4M	$65.2M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2096	−0.157%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2091	−0.395%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2092	−0.342%	$248K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2093	−0.298%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2093	−0.291%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2089	−0.476%	$188K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2038	−2.901%	$1K	$814K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2095	−0.195%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2096	−0.129%	$273K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2094	−0.243%	$1.9M	$9.2M	50x	as long as short
01 Exchange ENAUSDshort	+0.0104%	1h	0.2097	−0.110%	$4K	$432	10x
Aevo ENA-PERP	+0.0104%	1h	0.2094	−0.236%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2095	−0.214%	$5K	$356K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0229% / S −0.0386%	1h	0.2092	−0.317%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0288%	1h	0.2095	−0.178%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2093	−0.305%	$5.5M	$8.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2088	−0.540%	$1K	$5K	15x	as long as short
Lighter ENAlong	+0.0504%	1h	0.2099	long leg	$5.6M	$12.9M	10x
Hyperliquid ENA	+0.0569%	1h	0.2100	+0.052%	$111.0M	$79.6M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2097	−0.119%	$806K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1904%	1h	0.2095	−0.188%	$138K	$15K	5x	as long as short