ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0302%/8h= −33.0% APRnext payment −$0.38 per $10,000 · paid last 24h +0.019%

Price spread now: 01 Exchange against Kraken Futures−0.175%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on 01 Exchange

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.175% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ENAUSD	0.2109	0.0286	pay 0.0036% / 1h	1m 11s	$2.6M	$4.2M	50x
Short	01 Exchange ENAUSD	0.2105	−0.0016	pay 0.0002% / 1h	1m 11s	$4K	$302	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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 Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now −0.175%Rate

Funding earned: −$63.35
Price spread: −0.175% → 0.000%: −$17.48
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$97.83
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 min ago; 01 Exchange: no order-book sample. 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 Kraken Futures live order book, 3 min ago	11.88 bp	16.9 bp −$17	25.6 bp −$256	126.2 bp −$12.6K	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0045%	4h	0.2107	−0.080%	$44K	$25K	10x	as long as short
01 Exchange ENAUSDshort	−0.0016%	1h	0.2105	−0.175%	$4K	$302	10x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2109	−0.033%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2107	−0.119%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.674%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2106	−0.151%	$55K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2106	−0.130%	$661K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2112	+0.119%	$114.0M	$71.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2109	+0.013%	$1.5M	$2.9M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2106	−0.157%	$411K	$501K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2112	+0.145%	$129.3M	$415.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2115	+0.261%	$86.0M	$175.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	+0.043%	$20.8M	$102.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2102	−0.317%	$19K	$323K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2106	−0.151%	$78K	$275K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2102	−0.341%	$92K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2110	+0.029%	$11.1M	$21.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2110	+0.029%	$45.7M	$42.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2110	+0.029%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2109	−0.018%	$48.0M	$57.3M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2110	+0.043%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2111	+0.081%	$373K	$362K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2105	−0.188%	$3.4M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2098	−0.548%	$243K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2106	−0.151%	$351K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2107	−0.104%	$21K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2107	−0.123%	$180K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2054	−2.612%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2108	−0.056%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2109	−0.009%	$273K	$786K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	−0.009%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2105	−0.188%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2107	−0.105%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2107	−0.080%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2100	−0.436%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0253% / S −0.0213%	1h	0.2107	−0.115%	$51K	—	100x	as long as short
Lighter ENA	+0.0264%	1h	0.2110	+0.024%	$5.3M	$14.0M	10x	as long as short
Kraken Futures PF_ENAUSDlong	+0.0286%	1h	0.2109	long leg	$2.6M	$4.2M	50x
BloFin ENA-USDT	+0.0340%	4h	0.2108	−0.061%	$5.6M	$3.1M	75x	as long as short
dYdX ENA-USD	+0.0353%	1h	0.2106	−0.133%	$139K	$15K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2106	−0.174%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2112	+0.152%	$861K	$1.5M	50x	as long as short