ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.23 per $10,000 · paid last 24h −0.058%

Price spread now: Kraken Futures against Nado−0.061%7-day average +0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.162%+$16 on $10k

Price spread, last 4 days (all we have)+1.132%+$113 · spread now −0.061%, 7d avg +0.076%

Together, before fees+1.294%+ Points / potential airdropNado: Active · farm board+$129 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.137% cheaper against Nado than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.076%). If the spread goes back, that is −$14 on $10k: about 2.5 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ENA-PERP	0.2106	0.0100	pay 0.0012% / 1h	27m 51s	$680K	$1.7M	10x
Short	Kraken Futures PF_ENAUSD	0.2105	0.0286	get 0.0036% / 1h	27m 51s	$2.6M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Nado. 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 NadobpFee Kraken FuturesbpOrdersPrice spread, now −0.061%Rate

Funding earned: $39.12
Price spread: −0.061% → +0.076%: −$13.69
Slippage, 4 orders: −$34.39
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$25.97
Costs to cover: 0.514%
Break-even: 11.6 days

Slippage from Nado: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Nado live order book, 1 min ago	0.71 bp	6.5 bp −$6	15.1 bp −$151	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	9.49 bp	16.4 bp −$16	22.3 bp −$223	112.8 bp −$11.3K	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	−0.0011%	4h	0.2107	+0.019%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2107	+0.033%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2107	+0.039%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0008%	1h	0.2106	0.000%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.821%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2106	−0.005%	$55K	$497K	50x	as long as short
Nado ENA-PERPlong	+0.0100%	1h	0.2106	long leg	$680K	$1.7M	10x
Hyperliquid ENA	+0.0100%	1h	0.2107	+0.043%	$113.2M	$71.4M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2105	−0.032%	$1.5M	$3.0M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2107	+0.056%	$412K	$506K	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	0.2104	−0.095%	$129.1M	$419.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2104	−0.119%	$86.2M	$175.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2105	−0.043%	$20.7M	$102.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2107	+0.066%	$19K	$364K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2107	+0.043%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2115	+0.423%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2104	−0.100%	$11.0M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2103	−0.138%	$45.2M	$41.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2105	−0.033%	$24.5M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2102	−0.190%	$47.9M	$57.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2104	−0.100%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2105	−0.038%	$373K	$363K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2113	+0.305%	$3.4M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2118	+0.545%	$244K	$7.4M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2113	+0.330%	$357K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2113	+0.328%	$22K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2107	+0.043%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2057	−2.322%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2105	−0.052%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.218%	$276K	$781K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2104	−0.100%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2106	+0.011%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2103	−0.134%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2106	−0.005%	$74K	$4K	3x	as long as short
dYdX ENA-USD	+0.0130%	1h	0.2108	+0.099%	$139K	$15K	5x	as long as short
Phoenix ENA	+0.0150%	1h	0.2116	+0.451%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2107	+0.042%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSDshort	+0.0286%	1h	0.2105	−0.061%	$2.6M	$4.3M	50x
BloFin ENA-USDT	+0.0340%	4h	0.2110	+0.185%	$5.6M	$3.1M	75x	as long as short
Lighter ENA	+0.0368%	1h	0.2107	+0.047%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2106	+0.010%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2118	+0.546%	$833K	$1.5M	50x	as long as short