Settings8H · net · $10k
Funding arb · Price arb /

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.011%
Price spread now: KuCoin against Extended+0.165%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$380.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 7 days−0.176%−$18 · spread now +0.165%, 7d avg +0.033%
Together, before fees−0.281%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.132% dearer against Extended than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of +0.033%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.105% in total) that is about 8.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21010.0288pay 0.0036% / 1h40m 04s$1.6M$4.2M50x
ShortKuCoin ENAUSDTM0.21050.0100get 0.0050% / 4h2h 40m$24.3M$16.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Funding earned
−$39.48
Price spread: +0.165% → +0.033%
$13.17
Slippage, 4 orders
−$21.48
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$64.79
Costs to cover
0.385%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago2.83 bp5.8 bp −$613.4 bp −$134doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago2.13 bp11.1 bp −$1128.3 bp −$283doesn't fitdoesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2103+0.075%$78K$1.6M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2097−0.197%$105K150xas long as short
dYdX ENA-USD+0.0027%1h0.2095−0.309%$138K$15K5xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.060%$522$57K5.5xas long as short
Orderly PERP_ENA_USDC+0.0037%4h0.2097−0.187%$44K$28K10xas long as short
Backpack ENA_USDC_PERP+0.0045%1h0.2103+0.098%$364K$385K5xas long as short
01 Exchange ENAUSD+0.0048%1h0.2097−0.220%$4K$30210xas long as short
Popdex ENAUSDT+0.0096%1h0.2094−0.339%$52K$524K50xas long as short
Nado ENA-PERP+0.0100%1h0.2094−0.342%$669K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2103+0.111%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2095−0.278%$411K$548K10xas long as short
Binance ENAUSDT+0.0100%4h0.2101+0.012%$130.8M$445.8M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2102+0.051%$85.7M$187.9M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2103+0.089%$20.9M$108.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2097−0.197%$16K$405K5xas long as short
Arcus ENA-USD+0.0100%1h0.2097−0.197%$114K$259K10xas long as short
Gate ENA_USDT+0.0100%4h0.2102+0.065%$10.9M$21.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2104+0.137%$44.8M$43.9M200xas long as short
KuCoin ENAUSDTMshort+0.0100%4h0.2105+0.165%$24.3M$16.4M75x
Bitget ENAUSDT+0.0100%4h0.2098−0.130%$47.8M$61.5M75xas long as short
BingX ENA-USDT+0.0100%4h0.2103+0.089%$32.7Mas long as short
Variational Omni ENA+0.0100%4h0.2102+0.062%$3.8M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2111+0.493%$242K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2108+0.326%$357K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2111+0.470%$32K$691K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2096−0.263%$177K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2051−2.405%$1K$846K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2102+0.041%$3K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2111+0.455%$273K$1.0M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2104+0.137%$1.9M$9.3M50xas long as short
Bulk ENA-USD+0.0100%1h0.2117+0.744%$93K$4K10xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2095−0.285%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2097−0.178%$73K$4K3xas long as short
Phoenix ENA+0.0188%1h0.2105+0.165%$7K$351K10xas long as short
Lighter ENA+0.0224%1h0.2106+0.236%$5.5M$13.6M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0206%1h0.2097−0.193%$50K100xas long as short
Kraken Futures PF_ENAUSD+0.0253%1h0.2105+0.208%$2.6M$4.9M50xas long as short
Extended ENA-USDlong+0.0288%1h0.2101long leg$1.6M$4.2M50x
BloFin ENA-USDT+0.0340%4h0.2132+1.488%$5.7M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2096−0.229%$1K$5K15xas long as short
Hyperliquid ENA+0.0446%1h0.2105+0.208%$113.4M$74.7M10xas long as short
Coinbase International ENA-PERP-INTX+0.0648%1h0.2097−0.178%$822K$1.7M50xas long as short