ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0265%/8h= +29.0% APRnext payment +$1.33 per $10,000 · paid last 24h +0.057%

Price spread now: Binance against Orderly−0.130%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Binance

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

Funding pays, the price is against you. Binance is 0.130% cheaper against Orderly than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 39 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ENA_USDC	0.2075	−0.0165	get 0.0083% / 4h	52m 40s	$43K	$16K	10x
Short	Binance ENAUSDT	0.2072	0.0100	get 0.0050% / 4h	52m 40s	$123.5M	$399.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now −0.130%Rate

Funding earned: $55.7
Price spread: −0.130% → 0.000%: −$13.01
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $26.69
Costs to cover: 0.160%
Break-even: 3.6 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 14 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 14 min ago	0.24 bp	7.3 bp −$7	15.2 bp −$152	59.7 bp −$5,966	doesn't fit

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 exchanges

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_USDClong	−0.0165%	4h	0.2075	long leg	$43K	$16K	10x
Kraken Futures PF_ENAUSD	−0.0100%	1h	0.2078	+0.154%	$2.6M	$3.0M	50x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2076	+0.039%	$53K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2076	+0.053%	$80K	—	150x	as long as short
01 Exchange ENAUSD	+0.0032%	1h	0.2077	+0.063%	$4K	$60	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	+2.250%	$734	$57K	5.5x	as long as short
Bitget ENAUSDT	+0.0036%	4h	0.2073	−0.096%	$47.0M	$54.2M	75x	as long as short
Phoenix ENA	+0.0038%	1h	0.2089	+0.655%	$13K	$290K	10x	as long as short
Lighter ENA	+0.0096%	1h	0.2074	−0.077%	$4.9M	$12.0M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2076	+0.039%	$55K	$386K	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0100%	8h	0.2072	−0.162%	$46K	—	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2076	+0.046%	$536K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2074	−0.036%	$110.8M	$74.1M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2074	−0.040%	$1.2M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2073	−0.116%	$374K	$498K	10x	as long as short
Binance ENAUSDTshort	+0.0100%	4h	0.2072	−0.130%	$123.5M	$399.6M	75x
Bybit ENAUSDT	+0.0100%	4h	0.2073	−0.125%	$83.1M	$182.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2075	−0.014%	$20.4M	$95.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2079	+0.169%	$37K	$310K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2075	−0.010%	$77K	$215K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2083	+0.352%	$102K	$11K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2075	−0.029%	$14.0M	$26.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2072	−0.154%	$42.7M	$39.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2075	−0.005%	$24.7M	$14.3M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2074	−0.067%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2076	+0.034%	$400K	$459K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2080	+0.246%	$2.8M	$7.6M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2082	+0.334%	$239K	$6.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2084	+0.412%	$349K	$4.1M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2083	+0.376%	$18K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2076	+0.029%	$123K	$2.8M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2026	−2.347%	$990	$929K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2077	+0.087%	$6K	$5K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2082	+0.323%	$268K	$742K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2076	+0.039%	$1.8M	$9.1M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2073	−0.102%	$1.6M	$4.5M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2076	+0.039%	$73K	$4K	3x	as long as short
dYdX ENA-USD	+0.0118%	1h	0.2073	−0.117%	$137K	$17K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0304% / S −0.0754%	1h	0.2076	+0.039%	$57K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2076	+0.043%	$4.6M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2075	−0.015%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0520%	1h	0.2087	+0.549%	$763K	$1.7M	50x	as long as short