Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance−0.872%101s7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days+0.462%+$46 on $10k
+Price spread, last 4 days (all we have)+1.162%+$116 · spread now −0.872%, 7d avg +0.071%
=Funding pays, the price is against you. BloFin is 0.943% cheaper against Binance than usual: you would sell low and buy high (spread −0.872% now, against its 7-day average of +0.071%). If the spread goes back, that is −$94 on $10k: about 13 days of funding at the current rate (+$7 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ENAUSDT | 0.2145 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $130.0M | $419.9M | 75x |
| Short | BloFin ENA-USDT | 0.2126 | 0.0340 | get 0.0170% / 4h | 2h 21m | $5.6M | $3.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.4
- Price spread: −0.872% → +0.071%
- −$94.29
- Slippage, 4 orders
- −$21.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.33
- Costs to cover
- 0.434%
- Break-even
- 19.1 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 2 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 Binance live order book, 7 min ago | 0.47 bp | 9.3 bp −$9 | 16.8 bp −$168 | 65.8 bp −$6,582 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.59 bp | 12.9 bp −$13 | 21.6 bp −$216 | 81.5 bp −$8,153 | 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 | −0.0139% | 4h | 0.2135 | −0.443% | $44K | $26K | 10x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2136 | −0.415% | $83K | — | 150x | as long as short |
| Deribit ENA_USDC-PERPETUAL | +0.0031% | 1h | 0.2136 | −0.406% | $69K | $1.1M | 50x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −1.007% | $522 | $57K | 5.5x | as long as short |
| 01 Exchange ENAUSD | +0.0048% | 1h | 0.2147 | +0.093% | $4K | $277 | 10x | as long as short |
| Gate ENA_USDT | +0.0080% | 4h | 0.2145 | −0.014% | $11.3M | $24.1M | 50x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2145 | 0.000% | $59K | $467K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2144 | −0.048% | $48K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2144 | −0.049% | $664K | $1.7M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2145 | −0.014% | $116.7M | $74.6M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ENAUSDT | +0.0100% | 4h | 0.2145 | 0.000% | $1.5M | $3.2M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2145 | 0.000% | $402K | $525K | 10x | as long as short |
| Binance ENAUSDTlong | +0.0100% | 4h | 0.2145 | long leg | $130.0M | $419.9M | 75x | |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2145 | −0.019% | $86.4M | $176.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2144 | −0.028% | $21.5M | $106.1M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2141 | −0.200% | $21K | $327K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2146 | +0.047% | $80K | $278K | 10x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2145 | +0.019% | $46.9M | $41.4M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2143 | −0.084% | $25.0M | $15.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2143 | −0.084% | $48.7M | $58.1M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2145 | +0.019% | — | $31.2M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2102 | −2.005% | $3.0M | $10.0M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2121 | −1.100% | $243K | $6.9M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2126 | −0.886% | $356K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2127 | −0.839% | $19K | $651K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2146 | +0.028% | $190K | $2.5M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2086 | −2.769% | $994 | $874K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2137 | −0.373% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2146 | +0.056% | $270K | $796K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2141 | −0.186% | $1.8M | $8.9M | 50x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2132 | −0.629% | $94K | −$0 | 10x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2145 | +0.002% | $1.6M | $4.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2136 | −0.430% | $75K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0153% | 1h | 0.2103 | −1.944% | $8K | $278K | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0161% | 1h | 0.2138 | −0.339% | $2.6M | $4.3M | 50x | as long as short |
| Lighter ENA | +0.0256% | 1h | 0.2146 | +0.033% | $5.3M | $13.1M | 10x | as long as short |
| dYdX ENA-USD | +0.0272% | 1h | 0.2144 | −0.053% | $142K | $16K | 5x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0308% / S −0.0753% | 1h | 0.2136 | −0.427% | $59K | — | 100x | as long as short |
| BloFin ENA-USDTshort | +0.0340% | 4h | 0.2126 | −0.872% | $5.6M | $3.0M | 75x | |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2143 | −0.096% | $1K | $5K | 15x | as long as short |
| Backpack ENA_USDC_PERP | +0.0607% | 1h | 0.2143 | −0.112% | $360K | $401K | 5x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0704% | 1h | 0.2137 | −0.382% | $875K | $1.7M | 50x | as long as short |
Binance ENAUSDT
BloFin ENA-USDT
gTrade (Gains Network) ENA/USD
Deribit ENA_USDC-PERPETUAL
Injective ENA/USDC PERP
01 Exchange ENAUSD
Gate ENA_USDT
Popdex ENAUSDT
Paradex ENA-USD-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Bybit ENAUSDT
OKX ENA-USDT-SWAP
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
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Bulk ENA-USD
Extended ENA-USD
Phoenix ENA
Kraken Futures PF_ENAUSD
Lighter ENA
GMX ENA/USD [ETH-USDC]
Backpack ENA_USDC_PERP
Coinbase International ENA-PERP-INTX