ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.075%

Price spread now: BloFin against Bybit−0.089%52s7-day average +0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs+$10as 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−$410.410% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.507%+$51 on $10k

Price spread, last 4 days (all we have)+0.296%+$30 · spread now −0.089%, 7d avg +0.113%

Together, before fees+0.804%+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.202% cheaper against Bybit than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.113%). If the spread goes back, that is −$20 on $10k: about 2.8 days of funding at the current rate (+$7 a day). The two prices were read 52 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	Bybit ENAUSDT	0.2130	0.0100	pay 0.0050% / 4h	0m 21s	$89.7M	$191.4M	50x
Short	BloFin ENA-USDT	0.2128	0.0340	get 0.0170% / 4h	0m 21s	$5.6M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.089%Rate

Funding earned: $50.4
Price spread: −0.089% → +0.113%: −$20.17
Slippage, 4 orders: −$17.98
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$10.76
Costs to cover: 0.410%
Break-even: 8.5 days

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 8 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 Bybit live order book, 4 min ago	0.24 bp	9.4 bp −$9	15.0 bp −$150	52.4 bp −$5,244	doesn't fit
Sell BloFin live order book, 8 min ago	0.24 bp	11.6 bp −$12	19.4 bp −$194	68.4 bp −$6,842	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	−0.0083%	4h	0.2129	−0.038%	$44K	$17K	10x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2128	−0.056%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2130	+0.033%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.291%	$522	$57K	5.5x	as long as short
Deribit ENA_USDC-PERPETUAL	+0.0079%	1h	0.2129	−0.014%	$61K	$1.1M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2130	+0.019%	$54K	$487K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2130	+0.016%	$572K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2131	+0.080%	$115.6M	$74.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2131	+0.053%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2130	+0.008%	$411K	$562K	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	0.2131	+0.053%	$129.6M	$426.1M	75x	as long as short
Bybit ENAUSDTlong	+0.0100%	4h	0.2130	long leg	$89.7M	$191.4M	50x
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2129	−0.023%	$21.3M	$108.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2127	−0.099%	$33K	$313K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2130	+0.019%	$79K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2118	−0.521%	$92K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2131	+0.052%	$13.3M	$27.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2130	+0.033%	$39.6M	$43.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2131	+0.061%	$25.0M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2128	−0.056%	$48.3M	$60.1M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2130	+0.028%	—	$31.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2132	+0.099%	$413K	$483K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2127	−0.119%	$3.1M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2114	−0.719%	$255K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	−0.682%	$358K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2115	−0.686%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2131	+0.066%	$175K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2077	−2.489%	$1K	$910K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2128	−0.075%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2134	+0.225%	$268K	$808K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2129	−0.028%	$1.9M	$9.0M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2131	+0.055%	$48K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2129	−0.029%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2131	+0.053%	$75K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0147%	1h	0.2129	−0.040%	$2.6M	$4.4M	50x	as long as short
Lighter ENA	+0.0176%	1h	0.2132	+0.094%	$5.0M	$13.9M	10x	as long as short
Phoenix ENA	+0.0190%	1h	0.2129	−0.009%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0308% / S −0.0754%	1h	0.2129	−0.031%	$58K	—	100x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2128	−0.089%	$5.6M	$3.4M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2130	−0.004%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2133	+0.178%	$801K	$2.0M	50x	as long as short
dYdX ENA-USD	+0.0760%	1h	0.2129	−0.034%	$141K	$16K	5x	as long as short