ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against KuCoin+0.039%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$580.580% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.496%+$50 on $10k

Price spread, last 4 days (all we have)+0.334%+$33 · spread now +0.039%, 7d avg +0.038%

Together, before fees+0.830%+$83 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ENAUSDTM	0.2061	0.0100	pay 0.0050% / 4h	1h 28m	$24.5M	$14.8M	75x
Short	BloFin ENA-USDT	0.2062	0.0340	get 0.0170% / 4h	1h 28m	$5.5M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.039%Rate

Funding earned: $50.4
Price spread: +0.039% → +0.038%: $0.1
Slippage, 4 orders: −$33.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$7.47
Costs to cover: 0.580%
Break-even: 8.0 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 3 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 KuCoin live order book, 3 min ago	4.12 bp	16.4 bp −$16	41.5 bp −$415	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	3.88 bp	11.6 bp −$12	24.1 bp −$241	81.7 bp −$8,166	doesn't fit

ENA on 42 exchanges

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
01 Exchange ENAUSD	−0.0376%	1h	0.2060	−0.034%	$4K	$60	10x	as long as short
Orderly PERP_ENA_USDC	−0.0176%	4h	0.2061	+0.024%	$43K	$13K	10x	as long as short
Kraken Futures PF_ENAUSD	−0.0136%	1h	0.2062	+0.057%	$2.5M	$3.1M	50x	as long as short
Bitget ENAUSDT	−0.0028%	4h	0.2061	−0.015%	$46.5M	$56.2M	75x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2063	+0.107%	$67K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2064	+0.163%	$80K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	+2.955%	$734	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2063	+0.116%	$5.0M	$12.8M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2061	0.000%	$52K	$392K	50x	as long as short
Paradex ENA-USD-PERP	+0.0099%	8h	0.2061	−0.003%	$46K	—	10x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2061	+0.012%	$529K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2062	+0.068%	$110.6M	$77.9M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2062	+0.051%	$1.3M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2062	+0.036%	$375K	$502K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2061	−0.010%	$123.1M	$406.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2061	−0.019%	$82.8M	$185.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2061	+0.005%	$20.5M	$97.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2061	+0.019%	$32K	$317K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2062	+0.049%	$76K	$227K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2082	+0.995%	$102K	$11K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2060	−0.029%	$13.7M	$27.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2061	+0.010%	$42.0M	$41.8M	200x	as long as short
KuCoin ENAUSDTMlong	+0.0100%	4h	0.2061	long leg	$24.5M	$14.8M	75x
BingX ENA-USDT	+0.0100%	4h	0.2061	−0.015%	—	$29.7M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2061	+0.005%	$399K	$472K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2064	+0.124%	$2.8M	$7.7M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2064	+0.124%	$239K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2064	+0.147%	$350K	$4.2M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2064	+0.146%	$22K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2061	0.000%	$120K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2012	−2.358%	$1K	$926K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2061	0.000%	$6K	$5K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2069	+0.388%	$266K	$774K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2062	+0.049%	$1.8M	$9.0M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2059	−0.106%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2061	0.000%	$72K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2065	+0.209%	$13K	$278K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0303% / S −0.0754%	1h	0.2063	+0.095%	$57K	—	100x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2062	+0.039%	$5.5M	$3.3M	75x
Reya ENARUSDPERP	+0.0411%	1h	0.2061	−0.019%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0480%	1h	0.2067	+0.272%	$757K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.1375%	1h	0.2063	+0.074%	$136K	$15K	5x	as long as short