ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0508%/8h= −55.6% APRnext payment −$0.64 per $10,000 · paid last 24h −0.136%

Price spread now: Ondo Perps against Coinbase International−0.131%7-day average −0.113% · you buy dearer than you sell

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

Long on Coinbase International Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.458%−$46 on $10k

Price spread, last 3 days (all we have)−0.045%−$5 · spread now −0.131%, 7d avg −0.113%

Together, before fees−0.503%+ Points / potential airdropOndo Perps: Active · farm board−$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.113%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ENA-PERP-INTX	0.2143	0.0608	pay 0.0076% / 1h	27m 28s	$848K	$1.8M	50x
Short	Ondo Perps ENA-USD.P	0.2141	0.0100	get 0.0013% / 1h	27m 28s	$15K	$409K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Ondo PerpsbpOrdersPrice spread, now −0.131%Rate

Funding earned: −$106.68
Price spread: −0.131% → −0.113%: −$1.81
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$123.49
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 min ago; Ondo Perps: 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 Coinbase International live order book, 1 min ago	10.96 bp	16.8 bp −$17	26.7 bp −$267	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2141	−0.126%	$80K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2145	+0.074%	$98K	—	150x	as long as short
dYdX ENA-USD	+0.0024%	1h	0.2139	−0.186%	$141K	$15K	5x	as long as short
Orderly PERP_ENA_USDC	+0.0032%	4h	0.2140	−0.168%	$41K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.933%	$522	$57K	5.5x	as long as short
Backpack ENA_USDC_PERP	+0.0058%	1h	0.2140	−0.159%	$380K	$416K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2145	+0.075%	$63K	$520K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2146	+0.105%	$712K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2143	−0.014%	$1.6M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2141	−0.099%	$421K	$549K	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	0.2145	+0.060%	$133.1M	$444.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2146	+0.117%	$88.7M	$187.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2146	+0.112%	$21.0M	$110.5M	50x	as long as short
Ondo Perps ENA-USD.Pshort	+0.0100%	1h	0.2141	−0.131%	$15K	$409K	5x
Arcus ENA-USD	+0.0100%	1h	0.2145	+0.075%	$106K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2143	−0.019%	$90K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2141	−0.098%	$10.9M	$20.9M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2146	+0.131%	$46.1M	$44.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2147	+0.182%	$24.7M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2145	+0.065%	$48.7M	$61.6M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2143	−0.014%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2123	−0.937%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2136	−0.357%	$250K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	−0.921%	$357K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2140	−0.159%	$33K	$688K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2146	+0.135%	$180K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2089	−2.543%	$1K	$830K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2139	−0.205%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2142	−0.070%	$278K	$1.2M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2139	−0.205%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2140	−0.152%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2140	−0.159%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2144	+0.005%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0216%	1h	0.2147	+0.145%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0233%	1h	0.2140	−0.153%	$2.7M	$5.1M	50x	as long as short
Extended ENA-USD	+0.0272%	1h	0.2143	−0.019%	$1.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0332% / S −0.0430%	1h	0.2144	+0.044%	$81K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2141	−0.107%	$5.7M	$2.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2146	+0.099%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTXlong	+0.0608%	1h	0.2143	long leg	$848K	$1.8M	50x
Lighter ENA	+0.0712%	1h	0.2144	+0.028%	$5.7M	$12.6M	10x	as long as short
Hyperliquid ENA	+0.0745%	1h	0.2149	+0.266%	$115.9M	$75.4M	10x	as long as short