ENA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexENAUSDT	0.2073	+0.0100	pay 0.0050% / 4h	2h 50m	$1.9M	$8.2M	50x	Long Phemex
SHORT	TxFlowENA-USDC	0.2068	+0.0084	get 0.0010% / 1h	50m 07s	$598K	$1.9M	50x	Short TxFlow5% off

Price gap−0.227%

Funding gap−0.0016% /8h

Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.117% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$6−0.0016% /8h now · paid +0.059% over the last 7D

Price−$12spread −0.227% now, avg −0.110% → −0.117% if it goes back

Costs−$610.608% of $10k · taker + slippage, in and out

Result−$67−0.67%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.227%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ENA on 45 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

Watch: Thin at this size18.9 / 9.2 bp
At $10k entering Phemex costs 18.9 bp, fee and slippage, 2.0× TxFlow’s.
Note: Margin at max leverage$200 + $200
Phemex 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.49Long Phemex: 6 payments, −$3.00; short TxFlow: 24 payments, +$2.51.
Watch: Gap narrower than usual−0.227% vs −0.110%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$598K vs $1.9M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCPhemex Yes · TxFlow No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0028%/8h × 21 periods+$5.92

Price spread−0.227% → −0.110% (7d avg)−$11.70

Slippage, 4 orderslive order books−$39.76

Fee Phemex bp × 2 orders−$12.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$66.55

Costs to cover0.608%Break-even85.7 days

Slippage: Phemex: live order book, 3 min ago; TxFlow: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex4.8318.9 bp−$1939.9 bp−$399doesn’t fitdoesn’t fit

SELL · SHORTTxFlow4.369.2 bp−$916.2 bp−$16262.3 bp−$6,227doesn’t fit

Closing costs about the same again.

ENA news

posts that mention ENA, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market ENARUSDPERP ($ENA) seen by our collector
10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-20 09:08	Bullet	Listing	By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-20 08:16	Bullet	Listing	new market ENA-USD ($ENA) seen by our collector
10-16 07:56	Pacifica	Listing	$ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗

ENA