ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: KuCoin against gTrade (Gains Network)−0.049%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$364as in the Price arb table

costs, in and out, $10k−$3593.587% of the position

Long on gTrade (Gains Network)Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.049%, 7d avg +0.003%

Together, before fees+0.068%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.052% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.003%). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ENA/USD	0.2111	L +0.0004% / S −0.0004%	pay 0.0000% / 1h	47m 46s	$82K	—	150x
Short	KuCoin ENAUSDTM	0.2110	0.0100	get 0.0050% / 4h	1h 47m	$24.5M	$15.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee KuCoinbpOrdersPrice spread, now −0.049%Rate

Funding earned: $20.23
Price spread: −0.049% → +0.003%: −$5.22
Slippage, 4 orders: −$336.67
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$343.65
Costs to cover: 3.587%
Break-even: 125.9 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 51 min ago; KuCoin: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 51 min ago	130.03 bp	186.1 bp −$186	1556.6 bp −$15.6K	15424.9 bp −$1.54M	doesn't fit
Sell KuCoin live order book, 6 min ago	2.12 bp	17.8 bp −$18	36.6 bp −$366	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-PERPETUAL	0.0000%	1h	0.2112	+0.013%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USDlong	L +0.0004% / S −0.0004%	1h	0.2111	long leg	$82K	—	150x
Orderly PERP_ENA_USDC	+0.0018%	4h	0.2110	−0.044%	$44K	$27K	10x	as long as short
01 Exchange ENAUSD	+0.0032%	1h	0.2111	−0.025%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.567%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2110	−0.068%	$54K	$500K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2109	−0.106%	$681K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2111	−0.011%	$113.5M	$71.3M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2110	−0.058%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2111	−0.040%	$412K	$516K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2109	−0.125%	$129.7M	$425.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2109	−0.115%	$86.5M	$177.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	−0.087%	$20.7M	$103.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2123	+0.562%	$19K	$384K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2110	−0.068%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	+0.264%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2109	−0.129%	$11.0M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2109	−0.101%	$45.3M	$41.7M	200x	as long as short
KuCoin ENAUSDTMshort	+0.0100%	4h	0.2110	−0.049%	$24.5M	$15.7M	75x
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.181%	$48.1M	$58.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2109	−0.110%	—	$32.2M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2119	+0.356%	$3.8M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2118	+0.299%	$247K	$7.4M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2120	+0.406%	$358K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2122	+0.501%	$32K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2112	+0.027%	$181K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2061	−2.365%	$1K	$841K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2111	−0.020%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2114	+0.117%	$275K	$783K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2111	−0.020%	$1.9M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2111	−0.001%	$47K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2111	−0.019%	$74K	$4K	3x	as long as short
Extended ENA-USD	+0.0136%	1h	0.2109	−0.134%	$1.6M	$4.1M	50x	as long as short
Phoenix ENA	+0.0150%	1h	0.2113	+0.093%	$8K	$298K	10x	as long as short
dYdX ENA-USD	+0.0153%	1h	0.2112	+0.046%	$140K	$15K	5x	as long as short
Backpack ENA_USDC_PERP	+0.0196%	1h	0.2111	−0.016%	$374K	$364K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2112	+0.013%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0285%	1h	0.2113	+0.059%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0296%	1h	0.2114	+0.131%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.004%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2117	+0.250%	$832K	$1.5M	50x	as long as short