ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.44 per $10,000 · paid last 24h −0.069%

Price spread now: Kraken Futures against SoDEX+0.075%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Kraken Futures

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—needs both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.075% dearer against SoDEX than usual: you sell high and buy low: +$7 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	SoDEX ENA-USD	0.2103	0.0100	pay 0.0013% / 1h	2m 48s	$4K	$7K	10x
Short	Kraken Futures PF_ENAUSD	0.2105	0.0448	get 0.0056% / 1h	2m 48s	$2.6M	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SoDEX. 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 SoDEXbpFee Kraken FuturesbpOrdersPrice spread, now +0.075%Rate

Funding earned: $73.11
Price spread: +0.075% → 0.000%: $7.49
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $62.6
Costs to cover: 0.180%
Break-even: 1.0 days

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 1 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 SoDEX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 1 min ago	10.45 bp	16.8 bp −$17	23.7 bp −$237	122.7 bp −$12.3K	doesn't fit

SoDEX: 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
Orderly PERP_ENA_USDC	−0.0100%	4h	0.2103	−0.019%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2104	+0.029%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2100	−0.124%	$81K	—	150x	as long as short
01 Exchange ENAUSD	+0.0008%	1h	0.2105	+0.090%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.970%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2104	+0.048%	$54K	$484K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2104	+0.039%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2104	+0.026%	$557K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2104	+0.048%	$113.7M	$75.5M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2104	+0.037%	$1.4M	$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	0.2105	+0.076%	$399K	$542K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2103	−0.005%	$127.4M	$426.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2102	−0.067%	$90.3M	$187.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2103	+0.019%	$21.1M	$107.0M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2097	−0.285%	$33K	$316K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2104	+0.048%	$78K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2122	+0.900%	$93K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2103	−0.010%	$12.5M	$26.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2104	+0.024%	$38.0M	$43.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2104	+0.038%	$24.6M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2101	−0.076%	$47.6M	$59.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2102	−0.033%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2113	+0.470%	$3.1M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2109	+0.279%	$256K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2108	+0.238%	$361K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2108	+0.238%	$19K	$647K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2104	+0.067%	$182K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2053	−2.382%	$931	$902K	20x	as long as short
SoDEX ENA-USDlong	+0.0100%	1h	0.2103	long leg	$4K	$7K	10x
HTX ENA-USDT	+0.0100%	4h	0.2108	+0.247%	$265K	$825K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2104	+0.048%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2101	−0.074%	$1.6M	$4.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2104	+0.024%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0110%	1h	0.2112	+0.433%	$8K	$276K	10x	as long as short
Lighter ENA	+0.0136%	1h	0.2105	+0.114%	$5.0M	$13.8M	10x	as long as short
Backpack ENA_USDC_PERP	+0.0186%	1h	0.2104	+0.067%	$390K	$437K	5x	as long as short
dYdX ENA-USD	+0.0268%	1h	0.2105	+0.097%	$139K	$16K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0753%	1h	0.2103	−0.017%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2102	−0.057%	$5.6M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2102	−0.052%	$1K	—	15x	as long as short
Kraken Futures PF_ENAUSDshort	+0.0448%	1h	0.2105	+0.075%	$2.6M	$4.4M	50x
Coinbase International ENA-PERP-INTX	+0.0616%	1h	0.2105	+0.105%	$868K	$1.8M	50x	as long as short