ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.54 per $10,000 · paid last 24h −0.050%

Price spread now: Kraken Futures against 01 Exchange−0.045%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Kraken Futures

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

Funding pays, the price is against you. Kraken Futures is 0.045% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ENAUSD	0.2125	0.0008	pay 0.0001% / 1h	14m 30s	$4K	$277	10x
Short	Kraken Futures PF_ENAUSD	0.2124	0.0444	get 0.0055% / 1h	14m 30s	$2.6M	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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 01 ExchangebpFee Kraken FuturesbpOrdersPrice spread, now −0.045%Rate

Funding earned: $91.55
Price spread: −0.045% → 0.000%: −$4.47
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $70.08
Costs to cover: 0.170%
Break-even: 1.6 days

Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	8.23 bp	15.4 bp −$15	22.3 bp −$223	128.7 bp −$12.9K	doesn't fit

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	−0.0108%	4h	0.2123	−0.127%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2124	−0.066%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2123	−0.123%	$82K	—	150x	as long as short
01 Exchange ENAUSDlong	+0.0008%	1h	0.2125	long leg	$4K	$277	10x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.094%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2124	−0.066%	$55K	$484K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2124	−0.086%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2123	−0.089%	$563K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2127	+0.072%	$115.3M	$76.0M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2125	−0.033%	$1.4M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2124	−0.055%	$402K	$546K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2124	−0.047%	$128.6M	$427.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2123	−0.118%	$91.1M	$187.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2125	−0.014%	$21.3M	$108.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2123	−0.113%	$33K	$330K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2124	−0.066%	$79K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2128	+0.129%	$93K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2124	−0.047%	$12.5M	$26.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2124	−0.061%	$37.9M	$43.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2125	−0.033%	$24.9M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2122	−0.141%	$48.1M	$59.9M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2124	−0.075%	—	$31.8M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2120	−0.232%	$3.1M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2123	−0.115%	$257K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2127	+0.067%	$355K	$5.1M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2122	−0.160%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2124	−0.042%	$185K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2072	−2.517%	$1K	$903K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2124	−0.066%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2125	−0.009%	$267K	$820K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2122	−0.160%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2123	−0.109%	$1.6M	$4.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2124	−0.084%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0110%	1h	0.2128	+0.122%	$8K	$276K	10x	as long as short
Lighter ENA	+0.0184%	1h	0.2125	+0.005%	$5.0M	$13.6M	10x	as long as short
dYdX ENA-USD	+0.0232%	1h	0.2124	−0.087%	$140K	$16K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0753%	1h	0.2123	−0.123%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2124	−0.071%	$5.6M	$3.2M	75x	as long as short
Backpack ENA_USDC_PERP	+0.0393%	1h	0.2124	−0.052%	$394K	$437K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2123	−0.125%	$1K	$4K	15x	as long as short
Kraken Futures PF_ENAUSDshort	+0.0444%	1h	0.2124	−0.045%	$2.6M	$4.4M	50x
Coinbase International ENA-PERP-INTX	+0.0616%	1h	0.2135	+0.475%	$881K	$1.8M	50x	as long as short