ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.043%

Price spread now: Deribit against Extended+0.093%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$260.263% of the position

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.093%, 7d avg +0.083%

Together, before fees−0.094%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.083%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENA-USD	0.2101	0.0104	pay 0.0013% / 1h	20m 12s	$1.6M	$4.4M	50x
Short	Deribit ENA_USDC-PERPETUAL	0.2103	0	get 0.0000% / 1h	20m 12s	$54K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Extended. 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 ExtendedbpFee DeribitbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$21.84
Price spread: +0.093% → +0.083%: $1.01
Slippage, 4 orders: −$14.34
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$47.17
Costs to cover: 0.263%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Deribit: live order book, 4 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 Extended live order book, 4 min ago	0.48 bp	6.3 bp −$6	12.0 bp −$120	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	4.06 bp	7.6 bp −$8	15.1 bp −$151	doesn't fit	doesn't fit

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	−0.0089%	4h	0.2102	+0.050%	$44K	$17K	10x	as long as short
Deribit ENA_USDC-PERPETUALshort	0.0000%	1h	0.2103	+0.093%	$54K	$1.1M	50x
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2102	+0.081%	$81K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2103	+0.088%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.079%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2102	+0.060%	$52K	$484K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2102	+0.042%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2102	+0.062%	$562K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2104	+0.165%	$114.1M	$74.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2102	+0.047%	$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	0.2101	+0.007%	$405K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2102	+0.057%	$128.0M	$425.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2102	+0.036%	$90.2M	$187.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2103	+0.112%	$21.0M	$106.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2093	−0.369%	$33K	$320K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2102	+0.060%	$78K	$283K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2095	−0.278%	$91K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2102	+0.041%	$12.7M	$27.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2103	+0.088%	$39.1M	$43.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2103	+0.088%	$24.8M	$15.8M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2101	+0.007%	$47.7M	$59.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2102	+0.079%	—	$31.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2104	+0.150%	$407K	$492K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2097	−0.160%	$3.0M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2095	−0.250%	$253K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2095	−0.273%	$351K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2099	−0.083%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2103	+0.107%	$181K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2051	−2.363%	$1K	$908K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2102	+0.060%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2104	+0.155%	$265K	$814K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2102	+0.060%	$1.8M	$8.9M	50x	as long as short
Lighter ENA	+0.0104%	1h	0.2104	+0.155%	$5.0M	$13.9M	10x	as long as short
Extended ENA-USDlong	+0.0104%	1h	0.2101	long leg	$1.6M	$4.4M	50x
Aevo ENA-PERP	+0.0104%	1h	0.2103	+0.087%	$74K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0149%	1h	0.2103	+0.114%	$2.6M	$4.4M	50x	as long as short
Phoenix ENA	+0.0190%	1h	0.2094	−0.302%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0754%	1h	0.2102	+0.083%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2099	−0.092%	$5.5M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2101	−0.004%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2098	−0.135%	$867K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.1007%	1h	0.2100	−0.013%	$139K	$16K	5x	as long as short