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 Binance−0.061%7-day average +0.090% · 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−$54as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.462%+$46 on $10k

Price spread, last 3 days (all we have)+0.293%+$29 · spread now −0.061%, 7d avg +0.090%

Together, before fees+0.756%+$76 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.151% cheaper against Binance than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.090%). If the spread goes back, that is −$15 on $10k: about 2.1 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	Binance ENAUSDT	0.2124	0.0100	pay 0.0050% / 4h	3h 31m	$131.8M	$443.4M	75x
Short	BloFin ENA-USDT	0.2123	0.0340	get 0.0170% / 4h	3h 31m	$5.6M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.061%Rate

Funding earned: $50.4
Price spread: −0.061% → +0.090%: −$15.09
Slippage, 4 orders: −$17.26
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$3.94
Costs to cover: 0.393%
Break-even: 7.5 days

Slippage from Binance: live order book, 13 min ago; BloFin: 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 Binance live order book, 13 min ago	0.24 bp	7.6 bp −$8	12.1 bp −$121	50.6 bp −$5,060	doesn't fit
Sell BloFin live order book, 2 min ago	5.20 bp	11.6 bp −$12	20.7 bp −$207	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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2124	−0.024%	$81K	$1.7M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0002%	1h	0.2122	−0.127%	$378K	$415K	5x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2124	−0.019%	$97K	—	150x	as long as short
dYdX ENA-USD	+0.0027%	1h	0.2121	−0.173%	$140K	$15K	5x	as long as short
Orderly PERP_ENA_USDC	+0.0029%	4h	0.2123	−0.042%	$41K	$23K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.042%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2123	−0.061%	$63K	$520K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2123	−0.059%	$675K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2124	0.000%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2123	−0.047%	$411K	$552K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDTlong	+0.0100%	4h	0.2124	long leg	$131.8M	$443.4M	75x
Bybit ENAUSDT	+0.0100%	4h	0.2124	−0.024%	$89.4M	$185.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2125	+0.028%	$20.8M	$109.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2116	−0.410%	$15K	$399K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2125	+0.033%	$105K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	−0.367%	$89K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2124	−0.019%	$10.8M	$20.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2124	−0.009%	$46.0M	$44.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2126	+0.066%	$24.5M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2123	−0.071%	$48.2M	$61.4M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2124	−0.009%	—	$32.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2123	−0.046%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2113	−0.514%	$246K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2113	−0.543%	$356K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	−0.391%	$34K	$687K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2124	+0.009%	$178K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2074	−2.377%	$938	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2124	−0.014%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2125	+0.038%	$276K	$1.2M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2124	−0.014%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2123	−0.051%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2124	−0.029%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2116	−0.400%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0224%	1h	0.2126	+0.071%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0235%	1h	0.2125	+0.024%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2124	−0.031%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0280%	1h	0.2123	−0.077%	$1.6M	$4.3M	50x	as long as short
BloFin ENA-USDTshort	+0.0340%	4h	0.2123	−0.061%	$5.6M	$2.0M	75x
Reya ENARUSDPERP	+0.0412%	1h	0.2124	−0.013%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2125	+0.028%	$839K	$1.8M	50x	as long as short
Lighter ENA	+0.0672%	1h	0.2127	+0.108%	$5.6M	$12.6M	10x	as long as short
Hyperliquid ENA	+0.0721%	1h	0.2127	+0.151%	$114.7M	$75.4M	10x	as long as short