ENA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	RISExENA/USDC	0.2070	−0.0593	get 0.0074% / 1h	17m 53s	$178K	$350K	10x	Long RISExInvite
SHORT	PhemexENAUSDT	0.2072	+0.0100	get 0.0050% / 4h	2h 17m	$2.1M	$8.3M	50x	Short Phemex

Price gap+0.097%

Funding gap+0.0693% /8h

Both sides work: funding pays +$21 a day on $10k, and the gap is 0.031% above its 7d average: +$3 more if it goes back.

If you open now and hold

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

Funding+$6+0.0693% /8h now · paid +0.061% over the last 7D

Price+$3spread +0.097% now, avg +0.066% → +0.031% if it goes back

Costs−$460.458% of $10k · taker + slippage, in and out

Result−$37−0.37%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.061% in total, about +0.0029%/8h on average.

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+0.097%

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 · 4 to watch

Watch: Thin at this size5.4 / 17.2 bp
At $10k entering Phemex costs 17.2 bp, fee and slippage, 3.2× RISEx’s.
Note: Margin at max leverage$1,000 + $200
RISEx 10x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$20.80Long RISEx: 24 payments, +$17.80; short Phemex: 6 payments, +$3.00.
OK: Entry gap works for you+0.097% vs +0.066%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$178K vs $2.1M OI
RISEx sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCRISEx No · Phemex Yes
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+0.0029%/8h × 21 periods+$6.06

Price spread+0.097% → +0.066% (7d avg)+$3.09

Slippage, 4 orderslive order books−$27.83

Fee RISEx bp × 2 orders−$6.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$36.68

Costs to cover0.458%Break-even49.4 days

Slippage: RISEx: live order book, 6 min ago; Phemex: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGRISEx2.405.4 bp−$523.4 bp−$234doesn’t fitdoesn’t fit

SELL · SHORTPhemex7.2017.2 bp−$1737.7 bp−$377189.7 bp−$19.0Kdoesn’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