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: KuCoin against BloFin+0.128%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)−0.327%−$33 · spread now +0.128%, 7d avg −0.052%
=The price spread pays, funding is against you. KuCoin is 0.180% dearer against BloFin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of −0.052%): +$18 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENA-USDT | 0.2105 | 0.0340 | pay 0.0170% / 4h | 53m 15s | $5.5M | $3.3M | 75x |
| Short | KuCoin ENAUSDTM | 0.2108 | 0.0100 | get 0.0050% / 4h | 53m 15s | $24.6M | $15.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: +0.128% → −0.052%
- $18.01
- Slippage, 4 orders
- −$29.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$85.58
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: 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 BloFin live order book, 5 min ago | 2.86 bp | 10.7 bp −$11 | 17.6 bp −$176 | 65.9 bp −$6,591 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.38 bp | 17.1 bp −$17 | 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 | −0.0099% | 4h | 0.2104 | −0.024% | $44K | $26K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0040% | 1h | 0.2107 | +0.090% | $4K | $277 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2105 | +0.019% | $54K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2105 | +0.028% | $81K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.879% | $522 | $57K | 5.5x | as long as short |
| Lighter ENA | +0.0096% | 1h | 0.2108 | +0.147% | $5.0M | $13.6M | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2106 | +0.052% | $55K | $480K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2107 | +0.085% | $47K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2105 | +0.010% | $557K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2108 | +0.143% | $114.1M | $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 | 0.2107 | +0.092% | $1.4M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2107 | +0.097% | $399K | $541K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2106 | +0.048% | $127.8M | $426.1M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2105 | −0.010% | $90.3M | $187.1M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2106 | +0.048% | $21.0M | $107.0M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2105 | −0.014% | $33K | $317K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2106 | +0.052% | $78K | $281K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2103 | −0.067% | $92K | $511 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2105 | +0.019% | $12.6M | $26.6M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2107 | +0.086% | $38.3M | $42.3M | 200x | as long as short |
| KuCoin ENAUSDTMshort | +0.0100% | 4h | 0.2108 | +0.128% | $24.6M | $15.6M | 75x | |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2103 | −0.090% | $47.7M | $59.6M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2105 | −0.010% | — | $6.5M | — | as long as short |
| Backpack ENA_USDC_PERP | +0.0100% | 1h | 0.2109 | +0.195% | $381K | $458K | 5x | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2097 | −0.372% | $3.0M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2103 | −0.075% | $256K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2105 | −0.011% | $363K | $4.9M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2104 | −0.043% | $19K | $648K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2106 | +0.067% | $182K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2055 | −2.361% | $1K | $903K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2105 | +0.005% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2111 | +0.295% | $265K | $824K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2106 | +0.052% | $1.8M | $8.8M | 50x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2104 | −0.062% | $1.6M | $4.3M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2105 | +0.005% | $74K | $4K | 3x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0149% | 1h | 0.2106 | +0.049% | $2.6M | $4.4M | 50x | as long as short |
| Phoenix ENA | +0.0190% | 1h | 0.2108 | +0.143% | $8K | $273K | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0306% / S −0.0754% | 1h | 0.2106 | +0.031% | $58K | — | 100x | as long as short |
| BloFin ENA-USDTlong | +0.0340% | 4h | 0.2105 | long leg | $5.5M | $3.3M | 75x | |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2104 | −0.039% | $1K | — | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0656% | 1h | 0.2106 | +0.052% | $869K | $1.8M | 50x | as long as short |
| dYdX ENA-USD | +0.1239% | 1h | 0.2106 | +0.040% | $139K | $16K | 5x | as long as short |
BloFin ENA-USDT
KuCoin ENAUSDTM
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Lighter ENA
Popdex ENAUSDT
Paradex ENA-USD-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
Bitget ENAUSDT
BingX ENA-USDC
Backpack ENA_USDC_PERP
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Extended ENA-USD
Kraken Futures PF_ENAUSD
Phoenix ENA
GMX ENA/USD [ETH-USDC]
Coinbase International ENA-PERP-INTX