ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.011%

Price spread now: Extended against Pacifica−0.133%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.133%, 7d avg −0.050%

Together, before fees+0.082%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.083% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.050%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.060% in total) that is about 9.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ENA	0.2133	0.0100	pay 0.0013% / 1h	21m 06s	$417K	$544K	10x
Short	Extended ENA-USD	0.2130	0.0232	get 0.0029% / 1h	21m 06s	$1.6M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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 PacificabpFee ExtendedbpOrdersPrice spread, now −0.133%Rate

Funding earned: $27.72
Price spread: −0.133% → −0.050%: −$8.3
Slippage, 4 orders: −$12.9
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$6.48
Costs to cover: 0.259%
Break-even: 8.6 days

Slippage from Pacifica: live order book, 48 min ago; Extended: live order book, 3 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 Pacifica live order book, 48 min ago	1.38 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.23 bp	4.6 bp −$5	11.9 bp −$119	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	0.2131	−0.094%	$79K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2131	−0.074%	$92K	—	150x	as long as short
dYdX ENA-USD	+0.0013%	1h	0.2131	−0.062%	$141K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.437%	$522	$57K	5.5x	as long as short
Orderly PERP_ENA_USDC	+0.0036%	4h	0.2131	−0.085%	$44K	$28K	10x	as long as short
01 Exchange ENAUSD	+0.0096%	1h	0.2134	+0.037%	$4K	$302	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2132	−0.033%	$55K	$518K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2131	−0.064%	$687K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2130	−0.107%	$1.5M	$3.3M	50x	as long as short
Pacifica ENAlong	+0.0100%	1h	0.2133	long leg	$417K	$544K	10x

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2131	−0.082%	$132.0M	$443.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2131	−0.085%	$87.4M	$187.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2131	−0.080%	$20.9M	$107.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2135	+0.121%	$19K	$407K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2134	+0.060%	$79K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2135	+0.084%	$94K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2132	−0.043%	$11.0M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2131	−0.061%	$45.3M	$44.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2133	+0.023%	$24.7M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2130	−0.113%	$48.5M	$61.0M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2131	−0.061%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2133	−0.005%	$381K	$391K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2130	−0.106%	$3.8M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2131	−0.075%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2129	−0.174%	$352K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2129	−0.174%	$32K	$657K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2131	−0.099%	$184K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2080	−2.481%	$1K	$853K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2131	−0.080%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2135	+0.103%	$275K	$866K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2131	−0.080%	$1.9M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2133	+0.012%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2131	−0.098%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2129	−0.169%	$7K	$351K	10x	as long as short
Extended ENA-USDshort	+0.0232%	1h	0.2130	−0.133%	$1.6M	$4.1M	50x
Kraken Futures PF_ENAUSD	+0.0250%	1h	0.2133	−0.008%	$2.7M	$4.5M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2131	−0.076%	$51K	—	100x	as long as short
Lighter ENA	+0.0392%	1h	0.2134	+0.056%	$5.5M	$13.7M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2130	−0.121%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0498%	1h	0.2135	+0.084%	$115.3M	$72.5M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2135	+0.117%	$837K	$1.7M	50x	as long as short