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: edgeX against BloFin−0.200%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.424%−$42 on $10k

Price spread, last 3 days (all we have)−0.766%−$77 · spread now −0.200%, 7d avg −0.065%

Together, before fees−1.189%+ Points / potential airdropedgeX: Active · farm board−$119 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.134% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.065%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENA-USDT	0.2104	0.0340	pay 0.0170% / 4h	2h 28m	$5.5M	$8.2M	75x
Short	edgeX ENAUSDC	0.2100	0.0100	get 0.0050% / 4h	2h 28m	$249K	$8.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.200%Rate

Funding earned: −$50.4
Price spread: −0.200% → −0.065%: −$13.43
Slippage, 4 orders: −$22.38
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$107.21
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; edgeX: live order book, 1 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, 5 min ago	1.43 bp	11.1 bp −$11	14.7 bp −$147	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	7.12 bp	11.6 bp −$12	13.1 bp −$131	44.5 bp −$4,445	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	−0.0282%	1h	0.2103	−0.033%	$362K	$485K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0081%	4h	0.2108	+0.209%	$41K	$23K	10x	as long as short
01 Exchange ENAUSD	−0.0024%	1h	0.2108	+0.195%	$4K	$432	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2109	+0.238%	$94K	$1.9M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2108	+0.203%	$97K	—	150x	as long as short
Gate ENA_USDT	+0.0030%	4h	0.2107	+0.152%	$10.5M	$21.6M	50x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.927%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2095	−0.399%	$5K	$394K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2107	+0.147%	$60K	$541K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2108	+0.182%	$47K	$221	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2107	+0.157%	$661K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2108	+0.194%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2108	+0.197%	$407K	$595K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2109	+0.242%	$130.0M	$467.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2109	+0.219%	$88.1M	$193.8M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2107	+0.166%	$20.3M	$114.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2100	−0.181%	$19K	$430K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	+0.195%	$82K	$223K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2108	+0.214%	$45.2M	$48.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	+0.238%	$24.4M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2107	+0.133%	$47.6M	$66.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2108	+0.190%	—	$32.0M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2099	−0.240%	$3.6M	$10.1M	—	as long as short
edgeX ENAUSDCshort	+0.0100%	4h	0.2100	−0.200%	$249K	$8.0M	20x
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2099	−0.213%	$359K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2100	−0.185%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2109	+0.247%	$183K	$3.0M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2057	−2.234%	$1K	$807K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2108	+0.195%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2110	+0.290%	$274K	$1.6M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2107	+0.147%	$1.9M	$9.3M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2100	−0.165%	$89K	$2K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0103%	1h	0.2108	+0.217%	$2.7M	$5.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2107	+0.165%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2109	+0.240%	$77K	$11K	3x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0213% / S −0.0161%	1h	0.2108	+0.201%	$50K	—	100x	as long as short
Lighter ENA	+0.0296%	1h	0.2111	+0.352%	$5.7M	$13.2M	10x	as long as short
Hyperliquid ENA	+0.0328%	1h	0.2110	+0.304%	$111.3M	$80.9M	10x	as long as short
BloFin ENA-USDTlong	+0.0340%	4h	0.2104	long leg	$5.5M	$8.2M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2107	+0.146%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0536%	1h	0.2108	+0.214%	$805K	$2.2M	50x	as long as short
dYdX ENA-USD	+0.7705%	1h	0.2107	+0.143%	$139K	$15K	5x	as long as short