Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.038%
Price spread now: BloFin against Lighter−0.205%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.319%+$32 · spread now −0.205%, 7d avg −0.048%
=Together, before fees+0.307%+ Points / potential airdropLighter: Season 3 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.157% cheaper against Lighter than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of −0.048%). If the spread goes back, that is −$16 on $10k: about 2.4 days of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ENA | 0.2145 | 0.0120 | pay 0.0015% / 1h | 46m 52s | $5.1M | $13.3M | 10x |
| Short | BloFin ENA-USDT | 0.2141 | 0.0340 | get 0.0170% / 4h | 1h 46m | $5.7M | $3.2M | 75x |
Lighter ENA
BloFin ENA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $46.2
- Price spread: −0.205% → −0.048%
- −$15.68
- Slippage, 4 orders
- −$25.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.5
- Costs to cover
- 0.370%
- Break-even
- 8.0 days
Slippage from Lighter: live order book, 7 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 Lighter live order book, 7 min ago | 2.09 bp | 6.7 bp −$7 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.47 bp | 9.6 bp −$10 | 15.3 bp −$153 | 62.6 bp −$6,262 | 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 | −0.0136% | 4h | 0.2142 | −0.145% | $44K | $26K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0008% | 1h | 0.2144 | −0.075% | $4K | $277 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2143 | −0.084% | $67K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2141 | −0.213% | $82K | — | 150x | as long as short |
| dYdX ENA-USD | +0.0008% | 1h | 0.2142 | −0.155% | $141K | $16K | 5x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −1.016% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2141 | −0.196% | $57K | $481K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2143 | −0.096% | $567K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2144 | −0.035% | $115.6M | $76.5M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2142 | −0.131% | $1.4M | $3.3M | 50x | as long as short |
Orderly PERP_ENA_USDC
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
dYdX ENA-USD
Injective ENA/USDC PERP
Popdex ENAUSDT
Nado ENA-PERP
Hyperliquid ENA
Aster ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2143 | −0.099% | $405K | $540K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2142 | −0.171% | $129.3M | $428.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2140 | −0.224% | $85.6M | $181.4M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2141 | −0.196% | $21.4M | $109.2M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2140 | −0.242% | $20K | $319K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2141 | −0.196% | $79K | $281K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2148 | +0.143% | $94K | $511 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2141 | −0.200% | $12.3M | $25.9M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2142 | −0.158% | $48.3M | $42.2M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2142 | −0.145% | $24.8M | $15.9M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2139 | −0.294% | $48.6M | $60.1M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2141 | −0.200% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2149 | +0.191% | $3.1M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2142 | −0.144% | $256K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2148 | +0.131% | $355K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2142 | −0.149% | $19K | $649K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2142 | −0.154% | $188K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2089 | −2.606% | $1K | $899K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2143 | −0.103% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2147 | +0.070% | $269K | $824K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2143 | −0.103% | $1.8M | $8.9M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2142 | −0.170% | $48K | $110 | 10x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2140 | −0.233% | $1.6M | $4.3M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2143 | −0.118% | $75K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0110% | 1h | 0.2147 | +0.089% | $8K | $276K | 10x | as long as short |
| Lighter ENAlong | +0.0120% | 1h | 0.2145 | long leg | $5.1M | $13.3M | 10x | |
| GMX ENA/USD [ETH-USDC] | L +0.0308% / S −0.0753% | 1h | 0.2141 | −0.188% | $59K | — | 100x | as long as short |
| BloFin ENA-USDTshort | +0.0340% | 4h | 0.2141 | −0.205% | $5.7M | $3.2M | 75x | |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2141 | −0.202% | $1K | $5K | 15x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0440% | 1h | 0.2145 | −0.022% | $2.6M | $4.3M | 50x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0616% | 1h | 0.2152 | +0.340% | $878K | $1.8M | 50x | as long as short |
| Backpack ENA_USDC_PERP | +0.0620% | 1h | 0.2144 | −0.061% | $392K | $432K | 5x | as long as short |
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
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
Paradex ENA-USD-PERP
Extended ENA-USD
Aevo ENA-PERP
Phoenix ENA
GMX ENA/USD [ETH-USDC]
Reya ENARUSDPERP
Kraken Futures PF_ENAUSD
Coinbase International ENA-PERP-INTX
Backpack ENA_USDC_PERP