ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.092%

Price spread now: GRVT against BloFin+0.091%7-day average −0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$530.532% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.458%−$46 on $10k

Price spread, last 3 days (all we have)−0.405%−$41 · spread now +0.091%, 7d avg −0.101%

Together, before fees−0.864%+ Points / potential airdropGRVT: Active · farm board−$86 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.193% dearer against BloFin than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.101%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENA-USDT	0.2119	0.0340	pay 0.0170% / 4h	3h 38m	$5.6M	$3.8M	75x
Short	GRVT ENA_USDT_Perp	0.2121	0.0100	get 0.0050% / 4h	3h 38m	$355K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$50.4
Price spread: +0.091% → −0.101%: $19.29
Slippage, 4 orders: −$32.18
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$84.29
Costs to cover: 0.532%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; GRVT: live order book, 5 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	0.24 bp	9.7 bp −$10	17.1 bp −$171	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	2.36 bp	15.5 bp −$15	60.7 bp −$607	doesn't fit	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	−0.0010%	1h	0.2119	0.000%	$377K	$417K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2118	−0.033%	$91K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2118	−0.034%	$97K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0023%	4h	0.2118	−0.047%	$41K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.227%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0036%	1h	0.2117	−0.072%	$140K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2117	−0.076%	$62K	$524K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2118	−0.033%	$672K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2117	−0.058%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2116	−0.100%	$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	0.2116	−0.100%	$131.3M	$446.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2116	−0.109%	$89.0M	$186.7M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2117	−0.085%	$20.7M	$109.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2119	−0.005%	$15K	$399K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2118	−0.028%	$84K	$221K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	−0.264%	$89K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2116	−0.104%	$10.8M	$20.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2116	−0.113%	$46.2M	$44.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2117	−0.076%	$24.4M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2114	−0.227%	$48.0M	$61.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2116	−0.142%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2118	−0.027%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	−0.060%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perpshort	+0.0100%	4h	0.2121	+0.091%	$355K	$4.7M	10x
ApeX Omni ENAUSDT	+0.0100%	1h	0.2117	−0.076%	$34K	$710K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2119	−0.005%	$179K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2069	−2.351%	$992	$829K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2117	−0.076%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2123	+0.203%	$276K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2117	−0.076%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2117	−0.071%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2118	−0.042%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2119	+0.009%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0216%	1h	0.2119	+0.014%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0236%	1h	0.2119	+0.022%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2117	−0.090%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0272%	1h	0.2117	−0.097%	$1.6M	$4.3M	50x	as long as short
BloFin ENA-USDTlong	+0.0340%	4h	0.2119	long leg	$5.6M	$3.8M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2118	−0.039%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0600%	1h	0.2118	−0.009%	$5.6M	$12.5M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2120	+0.057%	$837K	$1.9M	50x	as long as short
Hyperliquid ENA	+0.0684%	1h	0.2119	+0.028%	$114.3M	$75.3M	10x	as long as short