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: BingX against BloFin−0.184%81s7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as 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−$550.549% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.436%−$44 on $10k

Price spread, last 4 days (all we have)−0.526%−$53 · spread now −0.184%, 7d avg −0.100%

Together, before fees−0.962%−$96 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.084% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.100%). Swap the legs. The two prices were read 81 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	BloFin ENA-USDT	0.2117	0.0340	pay 0.0170% / 4h	15m 46s	$5.6M	$3.0M	75x
Short	BingX ENA-USDC	0.2114	0.0100	get 0.0050% / 4h	15m 46s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.184%Rate

Funding earned: −$50.4
Price spread: −0.184% → −0.100%: −$8.39
Slippage, 4 orders: −$32.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$113.68
Costs to cover: 0.549%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 5 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 BloFin live order book, 3 min ago	0.71 bp	13.3 bp −$13	23.2 bp −$232	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	0.71 bp	15.8 bp −$16	30.8 bp −$308	72.6 bp −$7,258	467.3 bp −$233.6K

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
Backpack ENA_USDC_PERP	−0.0147%	1h	0.2116	−0.076%	$363K	$398K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0071%	4h	0.2115	−0.090%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	−0.0056%	1h	0.2116	−0.047%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2116	−0.061%	$79K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2115	−0.116%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.283%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2119	+0.076%	$8K	$266K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2115	−0.113%	$56K	$475K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2114	−0.138%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2115	−0.128%	$658K	$1.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2114	−0.141%	$1.5M	$2.9M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2115	−0.096%	$404K	$517K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2115	−0.099%	$128.9M	$416.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2115	−0.128%	$85.3M	$175.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2117	−0.043%	$20.9M	$103.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2117	+0.005%	$18K	$317K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2117	−0.019%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	−0.043%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2114	−0.156%	$11.1M	$22.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2113	−0.203%	$46.0M	$41.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2114	−0.137%	$24.6M	$15.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	−0.250%	$48.0M	$57.5M	75x	as long as short
BingX ENA-USDCshort	+0.0100%	4h	0.2114	−0.184%	—	$6.5M	—
Variational Omni ENA	+0.0100%	4h	0.2115	−0.133%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	+0.002%	$245K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2117	−0.009%	$350K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2119	+0.076%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2116	−0.071%	$180K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2065	−2.484%	$1K	$848K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2116	−0.066%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2118	+0.019%	$274K	$796K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2116	−0.066%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2112	−0.256%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2117	−0.037%	$74K	$4K	3x	as long as short
Hyperliquid ENA	+0.0117%	1h	0.2118	+0.014%	$115.4M	$75.1M	10x	as long as short
dYdX ENA-USD	+0.0155%	1h	0.2115	−0.099%	$140K	$15K	5x	as long as short
Lighter ENA	+0.0168%	1h	0.2117	−0.014%	$5.2M	$13.5M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0242%	1h	0.2117	−0.017%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2115	−0.091%	$70K	—	100x	as long as short
BloFin ENA-USDTlong	+0.0340%	4h	0.2117	long leg	$5.6M	$3.0M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2115	−0.127%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2127	+0.449%	$869K	$1.7M	50x	as long as short