ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0556%/8h= +60.9% APRnext payment +$0.70 per $10,000 · paid last 24h +0.142%

Price spread now: Coinbase International against Bulk+0.786%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on Coinbase International

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 for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.786% dearer against Bulk than usual: you sell high and buy low: +$79 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ENA-USD	0.2098	0.0100	pay 0.0013% / 1h	28m 34s	$92K	$4K	10x
Short	Coinbase International ENA-PERP-INTX	0.2114	0.0656	get 0.0082% / 1h	28m 34s	$865K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bulk. 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 BulkbpFee Coinbase InternationalbpOrdersPrice spread, now +0.786%Rate

Funding earned: $116.76
Price spread: +0.786% → 0.000%: $78.65
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $178.41
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Bulk: no order-book sample; Coinbase International: live order book, 5 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 Bulk no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 5 min ago	8.31 bp	24.3 bp −$24	28.8 bp −$288	doesn't fit	doesn't fit

Bulk: 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
Backpack ENA_USDC_PERP	−0.0106%	1h	0.2107	+0.448%	$359K	$403K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0102%	4h	0.2105	+0.357%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2107	+0.405%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2106	+0.404%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.211%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0048%	1h	0.2107	+0.434%	$4K	$277	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2107	+0.429%	$56K	$465K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2106	+0.399%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2107	+0.441%	$655K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2109	+0.512%	$1.5M	$3.2M	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	0.2108	+0.490%	$401K	$513K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2108	+0.476%	$127.9M	$413.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2107	+0.453%	$85.3M	$174.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2108	+0.458%	$21.0M	$103.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2100	+0.076%	$22K	$332K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	+0.477%	$78K	$276K	10x	as long as short
Bulk ENA-USDlong	+0.0100%	1h	0.2098	long leg	$92K	$4K	10x
Gate ENA_USDT	+0.0100%	4h	0.2108	+0.458%	$11.2M	$22.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	+0.424%	$45.7M	$41.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	+0.505%	$24.9M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2105	+0.338%	$47.8M	$57.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2108	+0.467%	—	$31.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2109	+0.542%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2105	+0.349%	$242K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2109	+0.525%	$354K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2109	+0.524%	$20K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2108	+0.481%	$192K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2056	−1.978%	$986	$852K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2107	+0.429%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2113	+0.710%	$273K	$789K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2106	+0.381%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2107	+0.407%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2106	+0.387%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2111	+0.610%	$8K	$274K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0173%	1h	0.2107	+0.450%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0216%	1h	0.2110	+0.577%	$5.2M	$13.3M	10x	as long as short
Hyperliquid ENA	+0.0232%	1h	0.2109	+0.520%	$114.6M	$74.1M	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2107	+0.419%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2106	+0.400%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2106	+0.372%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTXshort	+0.0656%	1h	0.2114	+0.786%	$865K	$1.7M	50x
dYdX ENA-USD	+0.1060%	1h	0.2107	+0.406%	$139K	$15K	5x	as long as short