ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.066%

Price spread now: Binance against BloFin+0.210%61s7-day average −0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as 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−$410.411% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.462%−$46 on $10k

Price spread, last 3 days (all we have)−0.603%−$60 · spread now +0.210%, 7d avg −0.092%

Together, before fees−1.065%−$107 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.302% dearer against BloFin than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of −0.092%): +$30 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.2 days. The two prices were read 61 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	BloFin ENA-USDT	0.2092	0.0340	pay 0.0170% / 4h	1h 22m	$5.5M	$8.0M	75x
Short	Binance ENAUSDT	0.2096	0.0100	get 0.0050% / 4h	1h 22m	$129.2M	$456.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.210%Rate

Funding earned: −$50.4
Price spread: +0.210% → −0.092%: $30.23
Slippage, 4 orders: −$19.07
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$61.24
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 7 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 BloFin live order book, 6 min ago	1.91 bp	12.0 bp −$12	20.6 bp −$206	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.24 bp	9.3 bp −$9	15.6 bp −$156	49.2 bp −$4,924	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	−0.0072%	1h	0.2092	+0.033%	$361K	$447K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0053%	4h	0.2096	+0.230%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2097	+0.249%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2096	+0.216%	$101K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.525%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2098	+0.288%	$2.6M	$5.5M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2094	+0.120%	$61K	$531K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2093	+0.075%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2093	+0.074%	$659K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2096	+0.231%	$1.5M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2093	+0.086%	$405K	$578K	10x	as long as short
Binance ENAUSDTshort	+0.0100%	4h	0.2096	+0.210%	$129.2M	$456.4M	75x
Bybit ENAUSDT	+0.0100%	4h	0.2095	+0.172%	$87.2M	$191.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2096	+0.210%	$20.2M	$111.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2093	+0.057%	$15K	$401K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2094	+0.120%	$82K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2088	−0.143%	$88K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2095	+0.153%	$10.5M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2096	+0.210%	$45.8M	$46.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2097	+0.277%	$23.9M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2095	+0.172%	$47.4M	$64.9M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2096	+0.230%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2089	−0.106%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2093	+0.051%	$248K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2094	+0.120%	$354K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2094	+0.120%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2095	+0.186%	$181K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2045	−2.228%	$978	$815K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2096	+0.215%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2097	+0.244%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2095	+0.167%	$1.9M	$9.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2097	+0.263%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2091	−0.005%	$5K	$356K	10x	as long as short
01 Exchange ENAUSD	+0.0128%	1h	0.2095	+0.172%	$4K	$432	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0237% / S −0.0404%	1h	0.2095	+0.178%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0328%	1h	0.2095	+0.187%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDTlong	+0.0340%	4h	0.2092	long leg	$5.5M	$8.0M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2094	+0.133%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0512%	1h	0.2098	+0.325%	$5.6M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2097	+0.287%	$806K	$2.1M	50x	as long as short
Hyperliquid ENA	+0.0582%	1h	0.2098	+0.311%	$110.8M	$78.9M	10x	as long as short
dYdX ENA-USD	+0.1963%	1h	0.2091	−0.019%	$138K	$15K	5x	as long as short