ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.066%

Price spread now: Kraken Futures against Pacifica−0.481%7-day average +0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.195%+$19 on $10k

Price spread, last 4 days (all we have)+0.742%+$74 · spread now −0.481%, 7d avg +0.069%

Together, before fees+0.936%+ Points / potential airdropPacifica: Active · farm board+$94 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.550% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.481% now, against its 7-day average of +0.069%). If the spread goes back, that is −$55 on $10k: about 37 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ENA	0.2109	0.0100	pay 0.0013% / 1h	42m 42s	$405K	$560K	10x
Short	Kraken Futures PF_ENAUSD	0.2099	0.0150	get 0.0019% / 1h	42m 42s	$2.6M	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.481%Rate

Funding earned: $10.42
Price spread: −0.481% → +0.069%: −$54.98
Slippage, 4 orders: −$35.63
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$98.2
Costs to cover: 0.536%
Break-even: 73.0 days

Slippage from Pacifica: live order book, 61 min ago; Kraken Futures: live order book, 1 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, 61 min ago	2.33 bp	7.3 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	5.66 bp	20.3 bp −$20	31.0 bp −$310	191.3 bp −$19.1K	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
Deribit ENA_USDC-PERPETUAL	−0.0561%	1h	0.2095	−0.631%	$54K	$1.1M	50x	as long as short
Orderly PERP_ENA_USDC	−0.0100%	4h	0.2095	−0.669%	$44K	$21K	10x	as long as short
01 Exchange ENAUSD	−0.0032%	1h	0.2118	+0.427%	$4K	$277	10x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2108	−0.044%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.692%	$522	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2110	+0.071%	$5.0M	$13.8M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2117	+0.389%	$55K	$478K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2109	−0.009%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2117	+0.370%	$560K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2107	−0.081%	$114.2M	$75.1M	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	0.2109	+0.004%	$1.4M	$3.3M	50x	as long as short
Pacifica ENAlong	+0.0100%	1h	0.2109	long leg	$405K	$560K	10x
Binance ENAUSDT	+0.0100%	4h	0.2109	−0.005%	$128.0M	$426.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2108	−0.052%	$90.5M	$187.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2109	+0.019%	$21.1M	$107.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2102	−0.346%	$33K	$317K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	−0.038%	$78K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	+0.193%	$92K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2105	−0.190%	$12.8M	$26.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2108	−0.052%	$38.8M	$42.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	+0.033%	$24.9M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.043%	$47.9M	$59.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2108	−0.024%	—	$31.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2105	−0.171%	$411K	$490K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2121	+0.590%	$3.1M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2123	+0.663%	$257K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	+0.299%	$365K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2117	+0.389%	$19K	$647K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2118	+0.441%	$183K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2049	−2.836%	$1K	$903K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2100	−0.417%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2105	−0.190%	$265K	$817K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2102	−0.322%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2104	−0.210%	$1.6M	$4.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2094	−0.717%	$73K	$4K	3x	as long as short
Kraken Futures PF_ENAUSDshort	+0.0150%	1h	0.2099	−0.481%	$2.6M	$4.4M	50x
Phoenix ENA	+0.0190%	1h	0.2119	+0.498%	$8K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0754%	1h	0.2117	+0.405%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2097	−0.536%	$5.5M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2117	+0.381%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2102	−0.332%	$868K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.0818%	1h	0.2107	−0.082%	$139K	$16K	5x	as long as short