ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0664%/8h= −72.7% APRnext payment −$0.83 per $10,000 · paid last 24h −0.174%

Price spread now: Deribit against Coinbase International−0.183%7-day average −0.114% · you buy dearer than you sell

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

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.608%−$61 on $10k

Price spread, last 3 days (all we have)+0.276%+$28 · spread now −0.183%, 7d avg −0.114%

Together, before fees−0.332%−$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Deribit is 0.069% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.114%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ENA-PERP-INTX	0.2131	0.0664	pay 0.0083% / 1h	56m 06s	$838K	$1.6M	50x
Short	Deribit ENA_USDC-PERPETUAL	0.2127	0	get 0.0000% / 1h	56m 06s	$79K	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.183%Rate

Funding earned: −$139.44
Price spread: −0.183% → −0.114%: −$6.9
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$163.34
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; Deribit: 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 Coinbase International live order book, 2 min ago	10.59 bp	21.3 bp −$21	25.2 bp −$252	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	9.41 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ENA on 41 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-PERPETUALshort	0.0000%	1h	0.2127	−0.183%	$79K	$1.3M	50x
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2128	−0.177%	$87K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2128	−0.150%	$4K	$302	10x	as long as short
Orderly PERP_ENA_USDC	+0.0028%	4h	0.2126	−0.253%	$44K	$27K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.371%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2127	−0.202%	$54K	$501K	50x	as long as short
dYdX ENA-USD	+0.0097%	1h	0.2123	−0.389%	$140K	$15K	5x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2127	−0.197%	$687K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2126	−0.253%	$114.3M	$71.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2128	−0.155%	$1.5M	$3.3M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2125	−0.311%	$415K	$519K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2125	−0.273%	$130.8M	$427.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2123	−0.389%	$86.9M	$178.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2123	−0.404%	$20.9M	$104.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2121	−0.502%	$19K	$383K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2128	−0.155%	$79K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2109	−1.023%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2124	−0.352%	$11.1M	$21.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2125	−0.282%	$45.6M	$41.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2128	−0.164%	$24.7M	$15.8M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2121	−0.479%	$48.3M	$58.5M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2123	−0.404%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2128	−0.155%	$3.8M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2128	−0.134%	$249K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	−0.325%	$361K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2125	−0.296%	$32K	$647K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2129	−0.103%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2078	−2.515%	$1K	$841K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2127	−0.202%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2134	+0.145%	$278K	$787K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2125	−0.296%	$1.9M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2128	−0.171%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2127	−0.201%	$74K	$4K	3x	as long as short
Extended ENA-USD	+0.0136%	1h	0.2125	−0.280%	$1.6M	$4.1M	50x	as long as short
Lighter ENA	+0.0160%	1h	0.2128	−0.169%	$5.5M	$13.6M	10x	as long as short
Phoenix ENA	+0.0188%	1h	0.2121	−0.488%	$7K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2128	−0.158%	$51K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0283%	1h	0.2128	−0.144%	$2.7M	$4.3M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0342%	1h	0.2126	−0.249%	$382K	$362K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2128	−0.139%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTXlong	+0.0664%	1h	0.2131	long leg	$838K	$1.6M	50x