ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.021%

Price spread now: Aster against Bybit+0.046%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.178%+$18 on $10k

Price spread, last 7 days−0.147%−$15 · spread now +0.046%, 7d avg +0.084%

Together, before fees+0.031%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.038% cheaper against Bybit than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.084%). If the spread goes back, that is −$4 on $10k: about 8.1 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.178% in total) that is about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENAUSDT	0.2113	0.0084	pay 0.0042% / 4h	2h 19m	$86.2M	$187.8M	50x
Short	Aster ENAUSDT	0.2114	0.0100	get 0.0050% / 4h	2h 19m	$1.3M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.046%Rate

Funding earned: $3.32
Price spread: +0.046% → +0.084%: −$3.83
Slippage, 4 orders: −$20.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$40.4
Costs to cover: 0.399%
Break-even: 92.1 days

Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 2 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 Bybit live order book, 3 min ago	0.24 bp	11.6 bp −$12	19.6 bp −$196	63.4 bp −$6,342	doesn't fit
Sell Aster live order book, 2 min ago	1.66 bp	12.5 bp −$13	18.7 bp −$187	doesn't fit	doesn't fit

ENA on 42 exchanges

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
Kraken Futures PF_ENAUSD	−0.0243%	1h	0.2114	+0.047%	$2.6M	$4.2M	50x	as long as short
Orderly PERP_ENA_USDC	−0.0169%	4h	0.2114	+0.024%	$44K	$14K	10x	as long as short
01 Exchange ENAUSD	−0.0152%	1h	0.2112	−0.047%	$4K	$169	10x	as long as short
Bitget ENAUSDT	−0.0028%	4h	0.2113	−0.024%	$47.6M	$58.7M	75x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2115	+0.095%	$90K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2114	+0.028%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0026%	1h	0.2122	+0.402%	$734	$57K	5.5x	as long as short
Bybit ENAUSDTlong	+0.0084%	4h	0.2113	long leg	$86.2M	$187.8M	50x
Lighter ENA	+0.0096%	1h	0.2114	+0.005%	$4.9M	$12.9M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2112	−0.066%	$56K	$391K	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	−0.080%	$47K	—	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2113	−0.026%	$591K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2114	+0.052%	$113.6M	$78.1M	10x	as long as short
Aster ENAUSDTshort	+0.0100%	4h	0.2114	+0.046%	$1.3M	$3.2M	50x
Pacifica ENA	+0.0100%	1h	0.2112	−0.090%	$390K	$540K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2114	+0.047%	$127.5M	$415.5M	75x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2115	+0.066%	$21.0M	$103.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2114	+0.009%	$33K	$326K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2113	−0.019%	$79K	$239K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2109	−0.208%	$103K	$12K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2114	+0.028%	$13.7M	$27.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	+0.009%	$42.2M	$43.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2114	+0.033%	$25.0M	$15.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2114	+0.009%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2108	−0.240%	$3.0M	$8.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2112	−0.083%	$245K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2109	−0.208%	$362K	$4.5M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2111	−0.114%	$19K	$644K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2114	+0.052%	$167K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2064	−2.356%	$1K	$924K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2114	+0.028%	$6K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2115	+0.076%	$264K	$827K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2111	−0.114%	$1.9M	$9.0M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2113	0.000%	$1.6M	$4.8M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2115	+0.056%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0112%	1h	0.2113	−0.038%	$13K	$306K	10x	as long as short
dYdX ENA-USD	+0.0145%	1h	0.2114	+0.042%	$140K	$15K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0756%	1h	0.2114	+0.052%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2110	−0.156%	$5.5M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2111	−0.102%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0496%	1h	0.2119	+0.256%	$771K	$2.0M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0518%	1h	0.2112	−0.052%	$410K	$482K	5x	as long as short