ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: edgeX against BloFin−0.220%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$520.518% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.447%−$45 on $10k

Price spread, last 4 days (all we have)−0.434%−$43 · spread now −0.220%, 7d avg −0.053%

Together, before fees−0.881%+ Points / potential airdropedgeX: Active · farm board−$88 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.166% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.053%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENA-USDT	0.2087	0.0340	pay 0.0170% / 4h	1h 06m	$5.4M	$3.4M	75x
Short	edgeX ENAUSDC	0.2082	0.0100	get 0.0050% / 4h	1h 06m	$239K	$6.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now −0.220%Rate

Funding earned: −$50.4
Price spread: −0.220% → −0.053%: −$16.62
Slippage, 4 orders: −$30.76
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$118.78
Costs to cover: 0.518%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; edgeX: live order book, 1 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 BloFin live order book, 5 min ago	0.48 bp	13.7 bp −$14	21.7 bp −$217	73.7 bp −$7,374	doesn't fit
Sell edgeX live order book, 1 min ago	7.19 bp	11.7 bp −$12	13.2 bp −$132	44.7 bp −$4,467	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
Orderly PERP_ENA_USDC	−0.0181%	4h	0.2086	−0.043%	$43K	$16K	10x	as long as short
01 Exchange ENAUSD	−0.0176%	1h	0.2091	+0.177%	$4K	$60	10x	as long as short
Kraken Futures PF_ENAUSD	−0.0134%	1h	0.2087	+0.006%	$2.6M	$3.0M	50x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2087	+0.014%	$53K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2087	0.000%	$81K	—	150x	as long as short
Bitget ENAUSDT	+0.0014%	4h	0.2087	−0.010%	$47.5M	$55.5M	75x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	+1.672%	$734	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2089	+0.105%	$5.1M	$13.0M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2089	+0.096%	$55K	$386K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2087	−0.015%	$47K	—	10x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2087	+0.022%	$539K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2089	+0.091%	$112.0M	$74.1M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2090	+0.140%	$1.3M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2088	+0.040%	$379K	$497K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2090	+0.125%	$124.6M	$402.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2089	+0.105%	$83.9M	$183.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2089	+0.115%	$20.5M	$97.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2081	−0.273%	$32K	$314K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2090	+0.144%	$77K	$219K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2070	−0.815%	$101K	$11K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2088	+0.067%	$14.1M	$27.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2088	+0.029%	$43.2M	$42.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2089	+0.096%	$24.8M	$14.6M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2088	+0.053%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2087	+0.010%	$403K	$468K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2078	−0.425%	$2.8M	$7.7M	—	as long as short
edgeX ENAUSDCshort	+0.0100%	4h	0.2082	−0.220%	$239K	$6.6M	20x
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2084	−0.144%	$353K	$4.2M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2084	−0.144%	$18K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2087	+0.024%	$116K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2039	−2.314%	$1K	$929K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2087	0.000%	$6K	$5K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2092	+0.249%	$269K	$769K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2087	0.000%	$1.8M	$9.1M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2087	+0.018%	$1.6M	$4.5M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2087	+0.022%	$73K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2084	−0.153%	$13K	$278K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0304% / S −0.0754%	1h	0.2087	+0.011%	$57K	—	100x	as long as short
BloFin ENA-USDTlong	+0.0340%	4h	0.2087	long leg	$5.4M	$3.4M	75x
Reya ENARUSDPERP	+0.0411%	1h	0.2087	0.000%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0480%	1h	0.2092	+0.220%	$767K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.0912%	1h	0.2087	+0.010%	$138K	$16K	5x	as long as short