ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.81 per $10,000 · paid last 24h +0.043%

Price spread now: KuCoin against Orderly+0.240%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on KuCoin

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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.240% dearer against Orderly than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ENA_USDC	0.2088	−0.0062	get 0.0031% / 4h	1h 29m	$40K	$24K	10x
Short	KuCoin ENAUSDTM	0.2093	0.0100	get 0.0050% / 4h	1h 29m	$23.8M	$16.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.240%Rate

Funding earned: $33.95
Price spread: +0.240% → 0.000%: $23.95
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $39.9
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago	1.19 bp	11.4 bp −$11	36.4 bp −$364	doesn't fit	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 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	−0.0089%	1h	0.2089	+0.086%	$360K	$461K	5x	as long as short
Orderly PERP_ENA_USDClong	−0.0062%	4h	0.2088	long leg	$40K	$24K	10x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2088	+0.029%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2089	+0.051%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.715%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2090	+0.125%	$2.6M	$5.6M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2088	+0.019%	$61K	$537K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2091	+0.141%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2089	+0.062%	$657K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2091	+0.140%	$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	0.2092	+0.212%	$405K	$578K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2091	+0.186%	$128.8M	$457.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2092	+0.192%	$87.0M	$191.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2092	+0.230%	$20.2M	$111.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2091	+0.158%	$15K	$405K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2092	+0.211%	$82K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2088	+0.043%	$88K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2092	+0.196%	$10.4M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2092	+0.220%	$45.2M	$46.8M	200x	as long as short
KuCoin ENAUSDTMshort	+0.0100%	4h	0.2093	+0.240%	$23.8M	$16.5M	75x
Bitget ENAUSDT	+0.0100%	4h	0.2091	+0.148%	$47.3M	$65.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2092	+0.216%	—	$32.9M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2090	+0.100%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2095	+0.357%	$249K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2093	+0.251%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2095	+0.354%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2089	+0.057%	$183K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2038	−2.366%	$1K	$815K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2088	+0.019%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2095	+0.359%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2088	+0.019%	$1.9M	$9.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2089	+0.043%	$77K	$11K	3x	as long as short
01 Exchange ENAUSD	+0.0112%	1h	0.2093	+0.263%	$4K	$432	10x	as long as short
Phoenix ENA	+0.0115%	1h	0.2096	+0.412%	$5K	$356K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0232% / S −0.0392%	1h	0.2088	+0.038%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0288%	1h	0.2092	+0.192%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2089	+0.086%	$5.5M	$8.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2088	−0.003%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0512%	1h	0.2094	+0.316%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0575%	1h	0.2094	+0.326%	$110.6M	$79.6M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2092	+0.211%	$804K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1922%	1h	0.2091	+0.140%	$138K	$15K	5x	as long as short