ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.047%

Price spread now: Orderly against MEXC−0.095%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.095% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENA_USDT	0.2111	0.0100	pay 0.0050% / 4h	3h 49m	$45.9M	$44.0M	200x
Short	Orderly PERP_ENA_USDC	0.2109	0.0019	get 0.0009% / 4h	3h 49m	$41K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.095%Rate

Funding earned: −$17.04
Price spread: −0.095% → 0.000%: −$9.48
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$32.52
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.

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, 9 min ago	0.23 bp	2.8 bp −$3	6.9 bp −$69	33.5 bp −$3,349	59.7 bp −$29.9K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0107%	1h	0.2111	0.000%	$375K	$419K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2110	−0.038%	$93K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2113	+0.100%	$104K	—	150x	as long as short
Gate ENA_USDT	+0.0006%	4h	0.2109	−0.076%	$10.7M	$20.6M	50x	as long as short
Orderly PERP_ENA_USDCshort	+0.0019%	4h	0.2109	−0.095%	$41K	$24K	10x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.606%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0085%	1h	0.2113	+0.130%	$140K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2112	+0.066%	$63K	$525K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2113	+0.109%	$678K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2111	+0.001%	$1.5M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2113	+0.119%	$409K	$560K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2110	−0.033%	$130.9M	$447.9M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2109	−0.057%	$88.7M	$187.8M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	−0.033%	$20.6M	$109.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2122	+0.550%	$15K	$394K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	+0.161%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.730%	$90K	−$0	10x	as long as short
MEXC ENA_USDTlong	+0.0100%	4h	0.2111	long leg	$45.9M	$44.0M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2111	+0.009%	$24.2M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.104%	$47.9M	$62.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2110	−0.043%	—	$32.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2115	+0.219%	$3.9M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2120	+0.449%	$245K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2120	+0.431%	$353K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2120	+0.445%	$34K	$714K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2113	+0.104%	$180K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2065	−2.175%	$1K	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2110	−0.028%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.284%	$275K	$1.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	+0.062%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2110	−0.043%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2124	+0.611%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0208%	1h	0.2115	+0.208%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0237%	1h	0.2111	+0.024%	$2.7M	$5.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2112	+0.067%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0256%	1h	0.2109	−0.073%	$1.6M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2116	+0.270%	$5.6M	$4.1M	75x	as long as short
Phemex ENAUSDT	+0.0392%	4h	0.2110	−0.028%	$1.9M	$9.3M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2113	+0.103%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0568%	1h	0.2112	+0.085%	$5.6M	$12.5M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2116	+0.275%	$836K	$1.9M	50x	as long as short
Hyperliquid ENA	+0.0610%	1h	0.2113	+0.114%	$113.9M	$76.3M	10x	as long as short