Funding you earn now, next payment 07:00 UTC+0.0339%/8h= +37.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.080%
Price spread now: Kraken Futures against Extended+0.105%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)+0.280%+$28 · spread now +0.105%, 7d avg +0.120%
=Together, before fees+0.403%+ Points / potential airdropExtended: Active · farm board+$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.123% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ENA-USD | 0.2125 | 0.0104 | pay 0.0013% / 1h | 18m 36s | $1.6M | $4.3M | 50x |
| Short | Kraken Futures PF_ENAUSD | 0.2128 | 0.0443 | get 0.0055% / 1h | 18m 36s | $2.6M | $4.4M | 50x |
Extended ENA-USD
Kraken Futures PF_ENAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $71.25
- Price spread: +0.105% → +0.120%
- −$1.43
- Slippage, 4 orders
- −$50.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $4.63
- Costs to cover
- 0.652%
- Break-even
- 6.5 days
Slippage from Extended: live order book, 5 min ago; Kraken Futures: live order book, 5 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 Extended live order book, 5 min ago | 0.47 bp | 6.6 bp −$7 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 11.97 bp | 28.0 bp −$28 | 46.6 bp −$466 | 815.1 bp −$81.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDC | −0.0113% | 4h | 0.2126 | +0.027% | $44K | $26K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2127 | +0.051% | $54K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2127 | +0.079% | $82K | — | 150x | as long as short |
| 01 Exchange ENAUSD | +0.0008% | 1h | 0.2127 | +0.055% | $4K | $277 | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.095% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2126 | +0.027% | $54K | $484K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2127 | +0.057% | $48K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2124 | −0.067% | $563K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2130 | +0.192% | $115.4M | $76.0M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2127 | +0.082% | $1.4M | $3.3M | 50x | as long as short |
Orderly PERP_ENA_USDC
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
01 Exchange ENAUSD
Injective ENA/USDC PERP
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERP
Hyperliquid ENA
Aster ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2127 | +0.086% | $403K | $546K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2126 | +0.049% | $128.8M | $428.6M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2126 | +0.008% | $91.2M | $187.6M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2127 | +0.074% | $21.3M | $108.7M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2126 | +0.032% | $33K | $331K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2127 | +0.074% | $79K | $281K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2128 | +0.128% | $93K | $511 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2127 | +0.069% | $12.5M | $26.6M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2127 | +0.084% | $37.9M | $43.0M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2128 | +0.121% | $24.9M | $15.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2125 | −0.020% | $48.2M | $60.0M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2126 | +0.041% | — | $31.7M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2125 | −0.035% | $3.1M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2130 | +0.230% | $258K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2131 | +0.273% | $356K | $5.1M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2128 | +0.121% | $19K | $645K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2127 | +0.055% | $186K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2076 | −2.344% | $1K | $904K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2127 | +0.074% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2129 | +0.168% | $267K | $820K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2127 | +0.074% | $1.8M | $8.8M | 50x | as long as short |
| Extended ENA-USDlong | +0.0104% | 1h | 0.2125 | long leg | $1.6M | $4.3M | 50x | |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2127 | +0.059% | $74K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0110% | 1h | 0.2128 | +0.140% | $8K | $276K | 10x | as long as short |
| dYdX ENA-USD | +0.0194% | 1h | 0.2125 | −0.031% | $140K | $16K | 5x | as long as short |
| Lighter ENA | +0.0200% | 1h | 0.2129 | +0.168% | $5.0M | $13.5M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0307% / S −0.0753% | 1h | 0.2126 | +0.043% | $58K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2127 | +0.060% | $5.6M | $3.3M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2125 | −0.017% | $1K | $5K | 15x | as long as short |
| Kraken Futures PF_ENAUSDshort | +0.0443% | 1h | 0.2128 | +0.105% | $2.6M | $4.4M | 50x | |
| Backpack ENA_USDC_PERP | +0.0457% | 1h | 0.2127 | +0.093% | $395K | $437K | 5x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0616% | 1h | 0.2135 | +0.474% | $881K | $1.8M | 50x | as long as short |
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
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
Aevo ENA-PERP
Phoenix ENA
dYdX ENA-USD
Lighter ENA
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Reya ENARUSDPERP
Backpack ENA_USDC_PERP
Coinbase International ENA-PERP-INTX