ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.011%

Price spread now: edgeX against Bitget+0.055%64s7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as 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−$500.503% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.055%, 7d avg +0.038%

Together, before fees−0.059%+ Points / potential airdropedgeX: Active · farm board−$6 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: +$2 a day on $10k at the current rate. The two prices were read 64 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	Bitget ENAUSDT	0.2135	0.0038	pay 0.0019% / 4h	3h 00m	$48.2M	$59.9M	75x
Short	edgeX ENAUSDC	0.2136	0.0100	get 0.0050% / 4h	3h 00m	$252K	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $13.02
Price spread: +0.055% → +0.038%: $1.69
Slippage, 4 orders: −$29.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$35.57
Costs to cover: 0.503%
Break-even: 26.1 days

Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago	0.94 bp	10.6 bp −$11	16.8 bp −$168	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	9.36 bp	13.9 bp −$14	15.4 bp −$154	46.1 bp −$4,610	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
Phemex ENAUSDT	−0.0158%	4h	0.2135	−0.014%	$1.9M	$9.0M	50x	as long as short
Orderly PERP_ENA_USDC	−0.0108%	4h	0.2135	−0.009%	$44K	$15K	10x	as long as short
01 Exchange ENAUSD	−0.0104%	1h	0.2136	+0.014%	$4K	$169	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2135	+0.009%	$91K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2136	+0.052%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	−0.628%	$734	$57K	5.5x	as long as short
Bitget ENAUSDTlong	+0.0038%	4h	0.2135	long leg	$48.2M	$59.9M	75x
dYdX ENA-USD	+0.0093%	1h	0.2135	+0.001%	$141K	$16K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2136	+0.047%	$5.0M	$13.2M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2135	−0.014%	$55K	$486K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0100%	8h	0.2134	−0.061%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2134	−0.044%	$565K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2138	+0.135%	$117.0M	$76.0M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2137	+0.070%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2135	−0.010%	$408K	$549K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2136	+0.047%	$129.1M	$422.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2137	+0.056%	$87.4M	$191.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2135	0.000%	$21.1M	$106.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2142	+0.337%	$39K	$330K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2136	+0.033%	$79K	$247K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2137	+0.056%	$13.5M	$28.5M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2136	+0.052%	$42.1M	$44.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2137	+0.089%	$25.1M	$15.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2136	+0.042%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2135	+0.005%	$413K	$476K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2134	−0.058%	$3.1M	$8.8M	—	as long as short
edgeX ENAUSDCshort	+0.0100%	4h	0.2136	+0.055%	$252K	$7.1M	20x
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2135	+0.002%	$358K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2137	+0.080%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2136	+0.047%	$176K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2085	−2.351%	$1K	$921K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2135	−0.014%	$4K	$6K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2146	+0.510%	$265K	$813K	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2133	−0.084%	$104K	$12K	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2134	−0.049%	$1.6M	$4.8M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2135	−0.022%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2143	+0.379%	$14K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0195%	1h	0.2136	+0.022%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0756%	1h	0.2136	+0.019%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2135	+0.005%	$5.6M	$3.5M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2134	−0.042%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2145	+0.478%	$792K	$2.0M	50x	as long as short