ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h +0.050%

Price spread now: Arcus against 01 Exchange+0.128%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Arcus

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—needs both histories

The price spread pays, funding is against you. Arcus is 0.128% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.128% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ENAUSD	0.2113	0.0224	pay 0.0028% / 1h	35m 06s	$4K	$302	10x
Short	Arcus ENA-USD	0.2116	0.0100	get 0.0013% / 1h	35m 06s	$105K	$242K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against 01 Exchange. 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 01 ExchangebpFee ArcusbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$26.04
Price spread: +0.128% → 0.000%: $12.78
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$24.76
Costs to cover: 0.115%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Arcus: live order book, 38 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Arcus live order book, 38 min ago	7.04 bp	13.9 bp −$14	29.6 bp −$296	doesn't fit	doesn't fit

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
Backpack ENA_USDC_PERP	−0.0001%	1h	0.2115	+0.080%	$377K	$415K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2112	−0.038%	$81K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2113	−0.034%	$96K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0026%	4h	0.2112	−0.062%	$41K	$23K	10x	as long as short
dYdX ENA-USD	+0.0032%	1h	0.2115	+0.090%	$140K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.478%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2112	−0.062%	$62K	$524K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2114	+0.012%	$673K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2114	+0.044%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2114	+0.047%	$410K	$552K	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	0.2114	+0.013%	$131.1M	$444.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2114	+0.028%	$88.9M	$185.8M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2114	+0.047%	$20.7M	$108.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2116	+0.109%	$15K	$399K	5x	as long as short
Arcus ENA-USDshort	+0.0100%	1h	0.2116	+0.128%	$105K	$242K	10x
Bulk ENA-USD	+0.0100%	1h	0.2117	+0.151%	$89K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2114	+0.014%	$10.8M	$20.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	+0.043%	$46.1M	$44.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2114	+0.038%	$24.3M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	−0.043%	$47.9M	$61.6M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2114	+0.024%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2115	+0.067%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	+0.197%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2117	+0.175%	$356K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2118	+0.222%	$34K	$686K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2112	−0.052%	$179K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2063	−2.399%	$1K	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2113	−0.014%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2118	+0.222%	$275K	$1.3M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2113	−0.014%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2113	+0.006%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2112	−0.047%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2121	+0.355%	$7K	$347K	10x	as long as short
01 Exchange ENAUSDlong	+0.0224%	1h	0.2113	long leg	$4K	$302	10x
Kraken Futures PF_ENAUSD	+0.0236%	1h	0.2115	+0.084%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2112	−0.081%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0272%	1h	0.2113	−0.034%	$1.6M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2114	+0.052%	$5.6M	$2.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.086%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0600%	1h	0.2117	+0.156%	$5.6M	$12.6M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2120	+0.308%	$837K	$1.8M	50x	as long as short
Hyperliquid ENA	+0.0703%	1h	0.2118	+0.213%	$114.2M	$75.3M	10x	as long as short