ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0281%/8h= −30.7% APRnext payment −$1.40 per $10,000 · paid last 24h −0.057%

Price spread now: Orderly against MEXC−0.043%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 −$8 a day on $10k at the current rate, and Orderly is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 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	0.2088	0.0100	pay 0.0050% / 4h	1h 06m	$43.2M	$42.2M	200x
Short	Orderly PERP_ENA_USDC	0.2087	−0.0181	pay 0.0090% / 4h	1h 06m	$43K	$16K	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 −0.043%Rate

Funding earned: −$58.93
Price spread: −0.043% → 0.000%: −$4.31
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$69.24
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 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, 1 min ago	1.20 bp	3.4 bp −$3	8.4 bp −$84	43.0 bp −$4,296	75.2 bp −$37.6K
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 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_USDCshort	−0.0181%	4h	0.2087	−0.043%	$43K	$16K	10x
01 Exchange ENAUSD	−0.0176%	1h	0.2091	+0.115%	$4K	$60	10x	as long as short
Kraken Futures PF_ENAUSD	−0.0134%	1h	0.2088	−0.024%	$2.6M	$3.0M	50x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2089	+0.014%	$53K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2087	−0.070%	$81K	—	150x	as long as short
Bitget ENAUSDT	+0.0014%	4h	0.2085	−0.139%	$47.5M	$55.5M	75x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	+1.609%	$734	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2089	+0.038%	$5.0M	$13.2M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2089	+0.034%	$55K	$386K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2087	−0.077%	$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	−0.041%	$539K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2088	−0.019%	$112.0M	$74.1M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2089	+0.054%	$1.3M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2088	−0.022%	$379K	$497K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2089	+0.015%	$124.5M	$402.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2086	−0.096%	$83.8M	$183.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2087	−0.086%	$20.5M	$97.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2081	−0.335%	$32K	$314K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2090	+0.081%	$77K	$219K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2070	−0.877%	$101K	$11K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2087	−0.048%	$14.0M	$27.7M	50x	as long as short
MEXC ENA_USDTlong	+0.0100%	4h	0.2088	long leg	$43.2M	$42.2M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2089	+0.057%	$24.8M	$14.6M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2087	−0.086%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2088	−0.034%	$404K	$468K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2078	−0.487%	$2.8M	$7.7M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2082	−0.282%	$239K	$6.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2084	−0.206%	$353K	$4.2M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2084	−0.206%	$18K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2089	+0.029%	$116K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2039	−2.342%	$943	$929K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2088	−0.014%	$6K	$5K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2091	+0.139%	$269K	$769K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2089	+0.034%	$1.8M	$9.1M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2088	−0.037%	$1.6M	$4.5M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2088	−0.004%	$73K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2084	−0.215%	$13K	$278K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0304% / S −0.0754%	1h	0.2089	+0.056%	$57K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2087	−0.062%	$5.4M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2089	+0.016%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0480%	1h	0.2091	+0.120%	$766K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.0912%	1h	0.2087	−0.052%	$138K	$16K	5x	as long as short