ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against edgeX−0.226%7-day average +0.051% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$510.507% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.441%+$44 on $10k

Price spread, last 4 days (all we have)+0.547%+$55 · spread now −0.226%, 7d avg +0.051%

Together, before fees+0.988%+ Points / potential airdropedgeX: Active · farm board+$99 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.277% cheaper against edgeX than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of +0.051%). If the spread goes back, that is −$28 on $10k: about 3.8 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ENAUSDC	0.2099	0.0100	pay 0.0050% / 4h	37m 15s	$253K	$7.1M	20x
Short	BloFin ENA-USDT	0.2094	0.0340	get 0.0170% / 4h	37m 15s	$5.6M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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 edgeXbpFee BloFinbpOrdersPrice spread, now −0.226%Rate

Funding earned: $50.4
Price spread: −0.226% → +0.051%: −$27.7
Slippage, 4 orders: −$29.74
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.04
Costs to cover: 0.507%
Break-even: 10.9 days

Slippage from edgeX: live order book, 2 min ago; BloFin: live order book, 6 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 edgeX live order book, 2 min ago	9.52 bp	14.0 bp −$14	15.5 bp −$155	46.5 bp −$4,653	doesn't fit
Sell BloFin live order book, 6 min ago	0.24 bp	12.4 bp −$12	22.3 bp −$223	71.2 bp −$7,120	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	−0.0095%	4h	0.2094	−0.212%	$43K	$17K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2095	−0.202%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2095	−0.179%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2099	+0.029%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.170%	$522	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2097	−0.079%	$4.9M	$13.8M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2094	−0.231%	$55K	$478K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2097	−0.091%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2095	−0.198%	$557K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2097	−0.088%	$113.7M	$74.9M	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	0.2096	−0.147%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2097	−0.074%	$404K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2095	−0.174%	$127.3M	$425.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2094	−0.226%	$89.6M	$187.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2095	−0.164%	$21.0M	$106.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2107	+0.412%	$38K	$318K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2096	−0.136%	$77K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2096	−0.149%	$91K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2095	−0.174%	$12.7M	$26.9M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2095	−0.174%	$39.0M	$42.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2096	−0.150%	$24.7M	$15.8M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2094	−0.255%	$47.6M	$59.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2095	−0.193%	—	$31.4M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2099	−0.017%	$406K	$492K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2106	+0.352%	$3.0M	$10.1M	—	as long as short
edgeX ENAUSDClong	+0.0100%	4h	0.2099	long leg	$253K	$7.1M	20x
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2100	+0.045%	$362K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2109	+0.484%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2095	−0.169%	$185K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2047	−2.461%	$1K	$905K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2095	−0.183%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2099	+0.017%	$264K	$817K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2095	−0.183%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2094	−0.217%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2095	−0.194%	$73K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0150%	1h	0.2096	−0.151%	$2.6M	$4.4M	50x	as long as short
Phoenix ENA	+0.0190%	1h	0.2108	+0.455%	$8K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0754%	1h	0.2094	−0.210%	$58K	—	100x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2094	−0.226%	$5.6M	$3.3M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2094	−0.220%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2099	+0.031%	$868K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.0803%	1h	0.2096	−0.121%	$138K	$16K	5x	as long as short