Funding you earn now, next payment 05:00 UTC+0.0604%/8h= +66.1% APRnext payment +$0.75 per $10,000 · paid last 24h +0.144%
Price spread now: Coinbase International against SoDEX+0.396%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 0.396% dearer against SoDEX than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ENA-USD | 0.2169 | 0.0100 | pay 0.0013% / 1h | 1m 15s | $4K | $7K | 10x |
| Short | Coinbase International ENA-PERP-INTX | 0.2178 | 0.0704 | get 0.0088% / 1h | 1m 15s | $894K | $1.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $126.84
- Price spread: +0.396% → 0.000%
- $39.65
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $148.49
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 2 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 8.28 bp | 19.8 bp −$20 | 22.2 bp −$222 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDC | −0.0142% | 4h | 0.2169 | −0.014% | $45K | $26K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2170 | +0.023% | $67K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2169 | +0.015% | $84K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −2.102% | $522 | $57K | 5.5x | as long as short |
| 01 Exchange ENAUSD | +0.0040% | 1h | 0.2170 | +0.046% | $4K | $277 | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2169 | 0.000% | $55K | $477K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2170 | +0.039% | $576K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2171 | +0.101% | $117.8M | $76.0M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2170 | +0.036% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2170 | +0.064% | $407K | $532K | 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 | 0.2169 | −0.009% | $131.3M | $427.0M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2169 | −0.005% | $87.6M | $179.3M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2169 | +0.005% | $21.7M | $109.6M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2173 | +0.184% | $21K | $327K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2170 | +0.046% | $80K | $281K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2172 | +0.135% | $95K | $511 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2169 | −0.005% | $11.5M | $24.9M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2169 | +0.014% | $48.3M | $42.3M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2170 | +0.041% | $25.3M | $15.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2167 | −0.101% | $49.2M | $59.3M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2169 | 0.000% | — | $31.4M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2182 | +0.584% | $3.1M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2172 | +0.127% | $256K | $7.0M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2172 | +0.124% | $363K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2178 | +0.415% | $20K | $650K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2170 | +0.055% | $192K | $2.5M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2117 | −2.407% | $932 | $893K | 20x | as long as short |
| SoDEX ENA-USDlong | +0.0100% | 1h | 0.2169 | long leg | $4K | $7K | 10x | |
| HTX ENA-USDT | +0.0100% | 4h | 0.2176 | +0.314% | $272K | $806K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2170 | +0.046% | $1.8M | $8.9M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2169 | +0.012% | $49K | $110 | 10x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2169 | −0.017% | $1.6M | $4.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2169 | +0.001% | $76K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0153% | 1h | 0.2175 | +0.286% | $8K | $278K | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0158% | 1h | 0.2171 | +0.094% | $2.7M | $4.3M | 50x | as long as short |
| dYdX ENA-USD | +0.0187% | 1h | 0.2172 | +0.128% | $143K | $16K | 5x | as long as short |
| Lighter ENA | +0.0224% | 1h | 0.2171 | +0.092% | $5.2M | $13.4M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0310% / S −0.0753% | 1h | 0.2170 | +0.027% | $60K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2169 | +0.009% | $5.7M | $3.2M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2169 | −0.015% | $1K | $5K | 15x | as long as short |
| Backpack ENA_USDC_PERP | +0.0499% | 1h | 0.2169 | −0.018% | $397K | $423K | 5x | as long as short |
| Coinbase International ENA-PERP-INTXshort | +0.0704% | 1h | 0.2178 | +0.396% | $894K | $1.8M | 50x |
SoDEX ENA-USD
Coinbase International ENA-PERP-INTX
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
01 Exchange ENAUSD
Popdex ENAUSDT
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Extended ENA-USD
Phoenix ENA
Kraken Futures PF_ENAUSD
Lighter ENA
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Backpack ENA_USDC_PERP