ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Extended against Pacifica−0.088%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.088%, 7d avg −0.053%

Together, before fees−0.043%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.034% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ENA	0.2115	0.0100	pay 0.0013% / 1h	53m 29s	$403K	$511K	10x
Short	Extended ENA-USD	0.2113	0.0104	get 0.0013% / 1h	53m 29s	$1.6M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.088%Rate

Funding earned: $0.84
Price spread: −0.088% → −0.053%: −$3.45
Slippage, 4 orders: −$15.21
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$30.82
Costs to cover: 0.282%
Break-even: 263.8 days

Slippage from Pacifica: live order book, 65 min ago; Extended: live order book, 5 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, 65 min ago	3.08 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.24 bp	4.1 bp −$4	8.7 bp −$87	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
Backpack ENA_USDC_PERP	−0.0251%	1h	0.2111	−0.183%	$361K	$401K	5x	as long as short
Phemex ENAUSDT	−0.0214%	4h	0.2111	−0.168%	$1.8M	$8.9M	50x	as long as short
Orderly PERP_ENA_USDC	−0.0084%	4h	0.2111	−0.168%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2111	−0.168%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2113	−0.070%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.418%	$522	$57K	5.5x	as long as short
Gate ENA_USDT	+0.0042%	4h	0.2113	−0.088%	$11.1M	$22.0M	50x	as long as short
dYdX ENA-USD	+0.0063%	1h	0.2113	−0.052%	$140K	$15K	5x	as long as short
01 Exchange ENAUSD	+0.0064%	1h	0.2114	−0.012%	$4K	$302	10x	as long as short
Phoenix ENA	+0.0076%	1h	0.2109	−0.253%	$8K	$274K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ENAUSDT	+0.0096%	1h	0.2114	−0.026%	$56K	$464K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2114	−0.031%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2115	0.000%	$657K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2114	−0.026%	$1.5M	$3.2M	50x	as long as short
Pacifica ENAlong	+0.0100%	1h	0.2115	long leg	$403K	$511K	10x
Binance ENAUSDT	+0.0100%	4h	0.2115	−0.002%	$128.6M	$415.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2115	+0.021%	$85.4M	$175.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2116	+0.054%	$21.0M	$104.0M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2111	−0.164%	$20K	$319K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2115	+0.021%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2115	+0.037%	$93K	$4K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	−0.031%	$46.1M	$40.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2114	−0.003%	$25.0M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	−0.112%	$47.9M	$57.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2114	−0.026%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2108	−0.321%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2109	−0.246%	$243K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2111	−0.181%	$352K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2112	−0.121%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2115	+0.035%	$178K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2062	−2.490%	$1K	$852K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2110	−0.216%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2119	+0.215%	$274K	$793K	50x	as long as short
Extended ENA-USDshort	+0.0104%	1h	0.2113	−0.088%	$1.6M	$4.2M	50x
Aevo ENA-PERP	+0.0104%	1h	0.2111	−0.165%	$74K	$4K	3x	as long as short
Lighter ENA	+0.0112%	1h	0.2116	+0.059%	$5.2M	$13.2M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0173%	1h	0.2112	−0.131%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2113	−0.078%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2113	−0.055%	$5.6M	$3.0M	75x	as long as short
Hyperliquid ENA	+0.0377%	1h	0.2117	+0.092%	$115.4M	$74.0M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2112	−0.126%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2120	+0.253%	$866K	$1.7M	50x	as long as short