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: Coinbase International against Pacifica−0.176%7-day average +0.159% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$570.569% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.468%+$47 on $10k

Price spread, last 3 days (all we have)+0.295%+$29 · spread now −0.176%, 7d avg +0.159%

Together, before fees+0.763%+ Points / potential airdropPacifica: Active · farm board+$76 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.335% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.176% now, against its 7-day average of +0.159%). If the spread goes back, that is −$34 on $10k: about 2.2 days of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.468% in total) that is about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ENA	0.2164	0.0100	pay 0.0013% / 1h	7m 57s	$426K	$550K	10x
Short	Coinbase International ENA-PERP-INTX	0.2160	0.0608	get 0.0076% / 1h	7m 57s	$854K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now −0.176%Rate

Funding earned: $106.68
Price spread: −0.176% → +0.159%: −$33.53
Slippage, 4 orders: −$38.92
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $16.23
Costs to cover: 0.569%
Break-even: 5.9 days

Slippage from Pacifica: live order book, 66 min ago; Coinbase International: live order book, 6 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 Pacifica live order book, 66 min ago	0.23 bp	7.1 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	12.25 bp	23.7 bp −$24	25.4 bp −$254	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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2168	+0.189%	$81K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0004%	1h	0.2167	+0.131%	$104K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0030%	4h	0.2167	+0.138%	$42K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−1.886%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2164	−0.010%	$53K	$524K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2166	+0.063%	$718K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2169	+0.206%	$1.6M	$3.3M	50x	as long as short
Pacifica ENAlong	+0.0100%	1h	0.2164	long leg	$426K	$550K	10x
Binance ENAUSDT	+0.0100%	4h	0.2169	+0.213%	$135.4M	$441.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2167	+0.147%	$89.2M	$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	0.2167	+0.152%	$21.4M	$110.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2171	+0.300%	$16K	$416K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2165	+0.037%	$107K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2150	−0.653%	$94K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2169	+0.221%	$11.1M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2169	+0.212%	$45.9M	$45.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2170	+0.291%	$25.0M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2166	+0.097%	$49.1M	$61.1M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2169	+0.221%	—	$32.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2170	+0.277%	$385K	$380K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2158	−0.301%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2159	−0.250%	$248K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2161	−0.148%	$366K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2158	−0.287%	$33K	$685K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2167	+0.120%	$181K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2114	−2.311%	$1K	$833K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2169	+0.221%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2169	+0.221%	$281K	$1.1M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2169	+0.221%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2164	−0.026%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2168	+0.159%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2169	+0.231%	$8K	$347K	10x	as long as short
dYdX ENA-USD	+0.0162%	1h	0.2164	+0.011%	$143K	$15K	5x	as long as short
01 Exchange ENAUSD	+0.0176%	1h	0.2165	+0.050%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0230%	1h	0.2169	+0.237%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0334% / S −0.0430%	1h	0.2167	+0.128%	$82K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2171	+0.318%	$5.7M	$2.0M	75x	as long as short
Extended ENA-USD	+0.0352%	1h	0.2167	+0.113%	$1.6M	$4.3M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2166	+0.086%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTXshort	+0.0608%	1h	0.2160	−0.176%	$854K	$1.8M	50x
Lighter ENA	+0.0784%	1h	0.2172	+0.383%	$6.0M	$13.2M	10x	as long as short
Hyperliquid ENA	+0.0789%	1h	0.2172	+0.374%	$118.3M	$73.7M	10x	as long as short