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: BloFin against MEXC+0.323%79s7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs+$17as 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−$290.289% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.463%+$46 on $10k

Price spread, last 4 days (all we have)+0.954%+$95 · spread now +0.323%, 7d avg +0.095%

Together, before fees+1.417%+$142 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.228% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.095%. The two prices were read 79 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	MEXC ENA_USDT	0.2103	0.0100	pay 0.0050% / 4h	1h 27m	$45.2M	$41.9M	200x
Short	BloFin ENA-USDT	0.2110	0.0340	get 0.0170% / 4h	1h 27m	$5.6M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.323%Rate

Funding earned: $50.4
Price spread: +0.323% → +0.095%: $22.81
Slippage, 4 orders: −$16.88
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $44.33
Costs to cover: 0.289%
Break-even: 0.8 days

Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago	0.24 bp	2.8 bp −$3	9.5 bp −$95	41.1 bp −$4,107	69.9 bp −$34.9K
Sell BloFin live order book, 6 min ago	0.94 bp	15.5 bp −$15	28.0 bp −$280	doesn't fit	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	−0.0011%	4h	0.2107	+0.157%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2107	+0.171%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2107	+0.177%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0008%	1h	0.2106	+0.138%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.960%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2106	+0.133%	$55K	$497K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2106	+0.138%	$680K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2107	+0.181%	$113.2M	$71.4M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2105	+0.105%	$1.5M	$3.0M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2107	+0.194%	$412K	$506K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2104	+0.043%	$129.1M	$419.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2104	+0.019%	$86.2M	$175.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2105	+0.095%	$20.7M	$102.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2107	+0.204%	$19K	$364K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2107	+0.181%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2115	+0.561%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2104	+0.038%	$11.0M	$21.3M	50x	as long as short
MEXC ENA_USDTlong	+0.0100%	4h	0.2103	long leg	$45.2M	$41.9M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2105	+0.105%	$24.5M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2102	−0.052%	$47.9M	$57.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2104	+0.038%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2105	+0.100%	$373K	$363K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2113	+0.443%	$3.4M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2118	+0.683%	$244K	$7.4M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2113	+0.469%	$357K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2113	+0.466%	$22K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2107	+0.181%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2057	−2.187%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2105	+0.086%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.357%	$276K	$781K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2104	+0.038%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2106	+0.149%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2103	+0.004%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2106	+0.133%	$74K	$4K	3x	as long as short
dYdX ENA-USD	+0.0130%	1h	0.2108	+0.237%	$139K	$15K	5x	as long as short
Phoenix ENA	+0.0150%	1h	0.2116	+0.590%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2107	+0.180%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0286%	1h	0.2105	+0.077%	$2.6M	$4.3M	50x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2110	+0.323%	$5.6M	$3.1M	75x
Lighter ENA	+0.0368%	1h	0.2107	+0.185%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2106	+0.148%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2118	+0.685%	$833K	$1.5M	50x	as long as short