ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0608%/8h= −66.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.206%

Price spread now: 01 Exchange against Lighter−0.209%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and 01 Exchange is 0.209% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ENA	0.2158	0.0776	pay 0.0097% / 1h	4m 35s	$5.9M	$13.2M	10x
Short	01 Exchange ENAUSD	0.2154	0.0168	get 0.0021% / 1h	4m 35s	$4K	$302	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. 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 LighterbpFee 01 ExchangebpOrdersPrice spread, now −0.209%Rate

Funding earned: −$127.68
Price spread: −0.209% → 0.000%: −$20.85
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$155.53
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 9 min ago; 01 Exchange: 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 Lighter live order book, 9 min ago	0.92 bp	6.8 bp −$7	19.6 bp −$196	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2148	−0.477%	$80K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0004%	1h	0.2149	−0.449%	$92K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0032%	4h	0.2148	−0.473%	$42K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−1.612%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2153	−0.241%	$53K	$524K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2148	−0.452%	$713K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2154	−0.188%	$1.6M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2155	−0.160%	$424K	$550K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2153	−0.241%	$134.6M	$441.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2152	−0.269%	$88.4M	$186.0M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2153	−0.241%	$21.3M	$110.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2160	+0.074%	$16K	$414K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2154	−0.195%	$107K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2167	+0.408%	$95K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2152	−0.283%	$10.9M	$21.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2154	−0.204%	$45.6M	$45.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2156	−0.107%	$24.8M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2151	−0.334%	$48.8M	$61.1M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2152	−0.287%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2148	−0.454%	$380K	$374K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2153	−0.252%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2166	+0.370%	$252K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2169	+0.521%	$361K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2169	+0.500%	$33K	$686K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2149	−0.426%	$179K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2095	−2.919%	$945	$834K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2147	−0.519%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2152	−0.283%	$279K	$1.1M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2146	−0.565%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2155	−0.147%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2147	−0.502%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2157	−0.060%	$8K	$347K	10x	as long as short
01 Exchange ENAUSDshort	+0.0168%	1h	0.2154	−0.209%	$4K	$302	10x
dYdX ENA-USD	+0.0217%	1h	0.2154	−0.188%	$142K	$15K	5x	as long as short
Kraken Futures PF_ENAUSD	+0.0232%	1h	0.2148	−0.451%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0333% / S −0.0430%	1h	0.2148	−0.469%	$81K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2149	−0.408%	$5.7M	$2.0M	75x	as long as short
Extended ENA-USD	+0.0368%	1h	0.2152	−0.273%	$1.6M	$4.3M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2148	−0.487%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2162	+0.176%	$855K	$1.8M	50x	as long as short
Hyperliquid ENA	+0.0766%	1h	0.2157	−0.051%	$116.4M	$74.4M	10x	as long as short
Lighter ENAlong	+0.0776%	1h	0.2158	long leg	$5.9M	$13.2M	10x