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 +0.072%

Price spread now: BloFin against MEXC−0.010%94s7-day average +0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs+$15as 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−$310.315% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.463%+$46 on $10k

Price spread, last 4 days (all we have)+1.286%+$129 · spread now −0.010%, 7d avg +0.095%

Together, before fees+1.749%+$175 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.105% cheaper against MEXC than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.095%). If the spread goes back, that is −$10 on $10k: about 35 hours of funding at the current rate (+$7 a day). The two prices were read 94 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	MEXC ENA_USDT	0.2103	0.0100	pay 0.0050% / 4h	1h 37m	$45.3M	$41.8M	200x
Short	BloFin ENA-USDT	0.2103	0.0340	get 0.0170% / 4h	1h 37m	$5.6M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.010%Rate

Funding earned: $50.4
Price spread: −0.010% → +0.095%: −$10.48
Slippage, 4 orders: −$19.5
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $8.42
Costs to cover: 0.315%
Break-even: 5.8 days

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 6 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 MEXC live order book, 1 min ago	0.24 bp	3.6 bp −$4	8.5 bp −$85	38.2 bp −$3,817	67.5 bp −$33.8K
Sell BloFin live order book, 6 min ago	0.24 bp	12.8 bp −$13	23.5 bp −$235	70.5 bp −$7,052	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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2104	+0.052%	$78K	$1.3M	50x	as long as short
Orderly PERP_ENA_USDC	+0.0001%	4h	0.2103	−0.005%	$44K	$27K	10x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2105	+0.097%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0016%	1h	0.2106	+0.114%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.951%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0088%	1h	0.2104	+0.029%	$139K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2104	+0.029%	$54K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2105	+0.097%	$680K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2106	+0.109%	$113.2M	$71.3M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2104	+0.039%	$1.5M	$3.0M	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	0.2104	+0.036%	$411K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2103	−0.019%	$129.1M	$422.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2105	+0.081%	$86.3M	$175.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2105	+0.090%	$20.7M	$102.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2106	+0.114%	$19K	$364K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2105	+0.076%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	+0.456%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2105	+0.081%	$11.0M	$21.2M	50x	as long as short
MEXC ENA_USDTlong	+0.0100%	4h	0.2103	long leg	$45.3M	$41.8M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2106	+0.124%	$24.5M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2103	−0.019%	$47.9M	$57.9M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2105	+0.071%	—	$32.2M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2104	+0.038%	$372K	$364K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2112	+0.406%	$3.4M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2113	+0.475%	$244K	$7.3M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	+0.548%	$362K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	+0.599%	$32K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2106	+0.124%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2056	−2.249%	$1K	$841K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2103	−0.019%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.347%	$276K	$780K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2104	+0.029%	$1.8M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2104	+0.046%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2106	+0.141%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2104	+0.005%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2118	+0.685%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2106	+0.106%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0286%	1h	0.2105	+0.067%	$2.6M	$4.3M	50x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2103	−0.010%	$5.6M	$3.1M	75x
Lighter ENA	+0.0368%	1h	0.2106	+0.109%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2105	+0.075%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2117	+0.661%	$833K	$1.5M	50x	as long as short