Funding you earn now, next payment 07:00 UTC+0.0556%/8h= +60.9% APRnext payment +$0.70 per $10,000 · paid last 24h +0.147%
Price spread now: Coinbase International against Bulk+0.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$17 a day on $10k at the current rate, and Coinbase International is 0.143% dearer against Bulk than usual: you sell high and buy low: +$14 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 | Bulk ENA-USD | 0.2095 | 0.0100 | pay 0.0013% / 1h | 20m 10s | $91K | $511 | 10x |
| Short | Coinbase International ENA-PERP-INTX | 0.2098 | 0.0656 | get 0.0082% / 1h | 20m 10s | $867K | $1.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $116.76
- Price spread: +0.143% → 0.000%
- $14.28
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $114.04
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Bulk: no order-book sample; Coinbase International: live order book, 3 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 9.52 bp | 18.0 bp −$18 | 22.0 bp −$220 | doesn't fit | doesn't fit |
Bulk: 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 | −0.0089% | 4h | 0.2102 | +0.329% | $44K | $17K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2103 | +0.372% | $54K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2102 | +0.360% | $81K | — | 150x | as long as short |
| 01 Exchange ENAUSD | +0.0024% | 1h | 0.2103 | +0.367% | $4K | $277 | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.360% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2102 | +0.338% | $52K | $484K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2102 | +0.321% | $47K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2102 | +0.341% | $562K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2104 | +0.443% | $114.1M | $74.7M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2102 | +0.326% | $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 | 0.2101 | +0.286% | $405K | $563K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2102 | +0.335% | $128.0M | $425.3M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2102 | +0.315% | $90.2M | $187.4M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2103 | +0.391% | $21.0M | $106.8M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2093 | −0.091% | $33K | $320K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2102 | +0.338% | $78K | $283K | 10x | as long as short |
| Bulk ENA-USDlong | +0.0100% | 1h | 0.2095 | long leg | $91K | $511 | 10x | |
| Gate ENA_USDT | +0.0100% | 4h | 0.2102 | +0.319% | $12.7M | $27.2M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2103 | +0.367% | $39.1M | $43.1M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2103 | +0.367% | $24.8M | $15.8M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2101 | +0.286% | $47.7M | $59.8M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2102 | +0.358% | — | $31.4M | — | as long as short |
| Backpack ENA_USDC_PERP | +0.0100% | 1h | 0.2104 | +0.429% | $407K | $492K | 5x | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2097 | +0.118% | $3.0M | $9.9M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2095 | +0.028% | $253K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2095 | +0.004% | $351K | $4.7M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2099 | +0.195% | $19K | $646K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2103 | +0.386% | $181K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2051 | −2.091% | $1K | $908K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2102 | +0.338% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2104 | +0.434% | $265K | $814K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2102 | +0.338% | $1.8M | $8.9M | 50x | as long as short |
| Lighter ENA | +0.0104% | 1h | 0.2104 | +0.434% | $5.0M | $13.9M | 10x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2101 | +0.278% | $1.6M | $4.4M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2103 | +0.366% | $74K | $4K | 3x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0149% | 1h | 0.2103 | +0.392% | $2.6M | $4.4M | 50x | as long as short |
| Phoenix ENA | +0.0190% | 1h | 0.2094 | −0.024% | $13K | $273K | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0306% / S −0.0754% | 1h | 0.2102 | +0.361% | $58K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2099 | +0.186% | $5.5M | $3.4M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2101 | +0.274% | $1K | — | 15x | as long as short |
| Coinbase International ENA-PERP-INTXshort | +0.0656% | 1h | 0.2098 | +0.143% | $867K | $1.8M | 50x | |
| dYdX ENA-USD | +0.1007% | 1h | 0.2100 | +0.266% | $139K | $16K | 5x | as long as short |
Bulk ENA-USD
Coinbase International ENA-PERP-INTX
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
01 Exchange ENAUSD
Injective ENA/USDC PERP
Popdex ENAUSDT
Paradex ENA-USD-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Backpack ENA_USDC_PERP
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Lighter ENA
Extended ENA-USD
Kraken Futures PF_ENAUSD
Phoenix ENA
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT