ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.077%

Price spread now: BloFin against Bitget+0.057%7-day average +0.160% · you sell dearer than you buy

Net, funding: paid 7d − costs+$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$410.409% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.440%+$44 on $10k

Price spread, last 3 days (all we have)+0.410%+$41 · spread now +0.057%, 7d avg +0.160%

Together, before fees+0.851%+$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.103% cheaper against Bitget than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.160%). If the spread goes back, that is −$10 on $10k: about 34 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENAUSDT	0.2092	0.0100	pay 0.0050% / 4h	1h 16m	$47.3M	$64.7M	75x
Short	BloFin ENA-USDT	0.2093	0.0340	get 0.0170% / 4h	1h 16m	$5.5M	$8.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.057%Rate

Funding earned: $50.4
Price spread: +0.057% → +0.160%: −$10.26
Slippage, 4 orders: −$16.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$0.79
Costs to cover: 0.409%
Break-even: 7.1 days

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 7 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 Bitget live order book, 2 min ago	0.72 bp	10.3 bp −$10	16.3 bp −$163	36.2 bp −$3,621	doesn't fit
Sell BloFin live order book, 7 min ago	0.48 bp	9.7 bp −$10	18.4 bp −$184	65.9 bp −$6,586	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	−0.0049%	4h	0.2092	+0.010%	$40K	$24K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0046%	1h	0.2093	+0.057%	$369K	$450K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2093	+0.043%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2092	+0.015%	$101K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.511%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2094	+0.115%	$2.6M	$5.5M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2093	+0.057%	$61K	$531K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2091	−0.024%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2092	+0.014%	$658K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2092	+0.023%	$1.5M	$3.3M	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	0.2093	+0.054%	$405K	$576K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2092	+0.030%	$129.1M	$455.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2093	+0.048%	$87.0M	$190.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2094	+0.086%	$20.2M	$111.0M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2095	+0.139%	$15K	$396K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2094	+0.105%	$82K	$220K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2095	+0.138%	$88K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2093	+0.048%	$10.5M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2093	+0.062%	$46.4M	$47.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2094	+0.120%	$23.8M	$16.4M	75x	as long as short
Bitget ENAUSDTlong	+0.0100%	4h	0.2092	long leg	$47.3M	$64.7M	75x
BingX ENA-USDC	+0.0100%	4h	0.2093	+0.072%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2094	+0.105%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2096	+0.182%	$249K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2095	+0.173%	$353K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2095	+0.153%	$32K	$710K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2092	+0.033%	$177K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2042	−2.366%	$1K	$816K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2092	+0.010%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2094	+0.124%	$272K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2092	+0.010%	$1.9M	$9.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2092	+0.010%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2097	+0.268%	$5K	$356K	10x	as long as short
01 Exchange ENAUSD	+0.0136%	1h	0.2094	+0.120%	$4K	$432	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0240% / S −0.0412%	1h	0.2092	+0.004%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0328%	1h	0.2093	+0.064%	$1.6M	$4.1M	50x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2093	+0.057%	$5.5M	$8.0M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2091	−0.028%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0496%	1h	0.2095	+0.143%	$5.6M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2098	+0.292%	$826K	$2.1M	50x	as long as short
Hyperliquid ENA	+0.0580%	1h	0.2095	+0.161%	$110.6M	$78.9M	10x	as long as short
dYdX ENA-USD	+0.1963%	1h	0.2093	+0.044%	$138K	$15K	5x	as long as short