ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Extended against Pacifica−0.012%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.012%, 7d avg −0.053%

Together, before fees−0.119%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.041% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ENA	0.2107	0.0100	pay 0.0013% / 1h	4m 25s	$402K	$521K	10x
Short	Extended ENA-USD	0.2107	0.0104	get 0.0013% / 1h	4m 25s	$1.6M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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 PacificabpFee ExtendedbpOrdersPrice spread, now −0.012%Rate

Funding earned: $0.84
Price spread: −0.012% → −0.053%: $4.12
Slippage, 4 orders: −$15.29
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.33
Costs to cover: 0.283%
Break-even: 201.4 days

Slippage from Pacifica: live order book, 54 min ago; Extended: live order book, 4 min ago.

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 Pacifica live order book, 54 min ago	3.08 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.24 bp	4.9 bp −$5	10.7 bp −$107	doesn't fit	doesn't fit

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	−0.0135%	1h	0.2109	+0.081%	$361K	$401K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0080%	4h	0.2107	+0.009%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	−0.0024%	1h	0.2107	0.000%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2108	+0.057%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2109	+0.120%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.788%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2110	+0.152%	$8K	$266K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2107	+0.009%	$56K	$475K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2105	−0.068%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2108	+0.047%	$657K	$1.7M	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	0.2107	+0.020%	$1.5M	$3.2M	50x	as long as short
Pacifica ENAlong	+0.0100%	1h	0.2107	long leg	$402K	$521K	10x
Binance ENAUSDT	+0.0100%	4h	0.2107	+0.008%	$128.1M	$416.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2106	−0.019%	$85.0M	$175.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2108	+0.062%	$21.0M	$103.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2105	−0.066%	$20K	$323K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	+0.057%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2107	−0.014%	$92K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2107	+0.009%	$11.1M	$22.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2108	+0.071%	$45.9M	$41.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	+0.095%	$24.9M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2107	+0.005%	$47.8M	$57.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2107	+0.005%	—	$32.3M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2105	−0.096%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2107	+0.015%	$243K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2108	+0.066%	$358K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2108	+0.057%	$20K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2110	+0.152%	$178K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2056	−2.430%	$1K	$851K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2107	+0.009%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.209%	$273K	$796K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2108	+0.057%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USDshort	+0.0104%	1h	0.2107	−0.012%	$1.6M	$4.2M	50x
Aevo ENA-PERP	+0.0104%	1h	0.2108	+0.056%	$74K	$4K	3x	as long as short
Lighter ENA	+0.0160%	1h	0.2109	+0.100%	$5.2M	$13.5M	10x	as long as short
dYdX ENA-USD	+0.0160%	1h	0.2108	+0.074%	$139K	$15K	5x	as long as short
Hyperliquid ENA	+0.0197%	1h	0.2112	+0.256%	$115.1M	$74.8M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0243%	1h	0.2109	+0.087%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2108	+0.052%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2107	+0.014%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2108	+0.078%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2128	+1.011%	$870K	$1.7M	50x	as long as short