ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0243%/8h= −26.6% APRnext payment −$1.21 per $10,000 · paid last 24h −0.053%

Price spread now: Orderly against Binance−0.022%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Orderly

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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Orderly is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENAUSDT	0.2107	0.0100	pay 0.0050% / 4h	2h 27m	$127.7M	$418.0M	75x
Short	Orderly PERP_ENA_USDC	0.2106	−0.0143	pay 0.0071% / 4h	2h 27m	$44K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.022%Rate

Funding earned: −$50.93
Price spread: −0.022% → 0.000%: −$2.24
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$69.17
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 16 min ago; Orderly: no order-book sample. 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 Binance live order book, 16 min ago	0.24 bp	8.9 bp −$9	13.3 bp −$133	52.6 bp −$5,260	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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
Orderly PERP_ENA_USDCshort	−0.0143%	4h	0.2106	−0.022%	$44K	$25K	10x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2110	+0.149%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2106	−0.026%	$82K	—	150x	as long as short
Gate ENA_USDT	+0.0018%	4h	0.2106	−0.041%	$11.1M	$23.7M	50x	as long as short
01 Exchange ENAUSD	+0.0032%	1h	0.2107	+0.016%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.799%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2105	−0.075%	$57K	$467K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2105	−0.085%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2107	+0.030%	$653K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2107	+0.030%	$114.3M	$74.4M	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	+0.041%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2106	−0.018%	$395K	$525K	10x	as long as short
Binance ENAUSDTlong	+0.0100%	4h	0.2107	long leg	$127.7M	$418.0M	75x
Bybit ENAUSDT	+0.0100%	4h	0.2105	−0.051%	$85.1M	$175.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2106	−0.027%	$21.1M	$103.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2117	+0.486%	$20K	$323K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2106	−0.027%	$78K	$276K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	+0.035%	$46.2M	$41.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2108	+0.068%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2106	−0.046%	$47.8M	$57.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2106	−0.041%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2111	+0.211%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	+0.511%	$243K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2117	+0.502%	$351K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2118	+0.543%	$19K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2107	+0.011%	$193K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2059	−2.244%	$1K	$871K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2108	+0.068%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.476%	$267K	$795K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2108	+0.068%	$1.8M	$8.9M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2118	+0.543%	$93K	−$0	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2105	−0.065%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2110	+0.148%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0153%	1h	0.2115	+0.410%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0163%	1h	0.2109	+0.092%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0200%	1h	0.2107	+0.044%	$5.2M	$13.0M	10x	as long as short
dYdX ENA-USD	+0.0290%	1h	0.2108	+0.055%	$139K	$16K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0753%	1h	0.2108	+0.087%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2115	+0.381%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2107	+0.003%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0585%	1h	0.2108	+0.068%	$357K	$400K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2123	+0.785%	$869K	$1.7M	50x	as long as short