ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.047%

Price spread now: BingX against Orderly−0.095%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on BingX

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

Funding pays, the price is against you. BingX is 0.095% cheaper against Orderly than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ENA_USDC	0.2115	0.0026	pay 0.0013% / 4h	3h 35m	$41K	$23K	10x
Short	BingX ENA-USDT	0.2113	0.0100	get 0.0050% / 4h	3h 35m	—	$32.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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 OrderlybpFee BingXbpOrdersPrice spread, now −0.095%Rate

Funding earned: $15.61
Price spread: −0.095% → 0.000%: −$9.45
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$9.84
Costs to cover: 0.160%
Break-even: 11.4 days

Slippage unknown: Orderly: no order-book sample; BingX: live order book, 3 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell BingX live order book, 3 min ago	0.24 bp	5.2 bp −$5	7.3 bp −$73	14.0 bp −$1,403	34.8 bp −$17.4K

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 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	0.2116	+0.024%	$82K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2116	+0.019%	$97K	—	150x	as long as short
Backpack ENA_USDC_PERP	+0.0004%	1h	0.2117	+0.090%	$377K	$415K	5x	as long as short
Orderly PERP_ENA_USDClong	+0.0026%	4h	0.2115	long leg	$41K	$23K	10x
dYdX ENA-USD	+0.0032%	1h	0.2115	−0.009%	$140K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.378%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2116	+0.028%	$62K	$524K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2117	+0.092%	$674K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2116	+0.041%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2114	−0.052%	$410K	$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 ENAUSDT	+0.0100%	4h	0.2114	−0.050%	$131.2M	$444.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2113	−0.095%	$88.9M	$186.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2114	−0.085%	$20.7M	$108.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2116	+0.009%	$15K	$399K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2116	+0.028%	$105K	$242K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	+0.052%	$89K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2115	−0.005%	$10.8M	$20.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	−0.057%	$46.1M	$44.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2117	+0.052%	$24.4M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	−0.151%	$47.9M	$61.6M	75x	as long as short
BingX ENA-USDTshort	+0.0100%	4h	0.2113	−0.095%	—	$32.6M	—
Variational Omni ENA	+0.0100%	4h	0.2115	−0.032%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2117	+0.098%	$247K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2117	+0.076%	$356K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2118	+0.123%	$34K	$709K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2116	+0.033%	$179K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2067	−2.293%	$841	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2116	+0.028%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2119	+0.189%	$275K	$1.3M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2116	+0.028%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2113	−0.093%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2116	+0.028%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2119	+0.161%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0224%	1h	0.2118	+0.113%	$4K	$302	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0236%	1h	0.2117	+0.089%	$2.7M	$5.1M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2115	−0.001%	$38K	—	100x	as long as short
Extended ENA-USD	+0.0272%	1h	0.2116	+0.024%	$1.6M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2119	+0.170%	$5.6M	$2.8M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2115	−0.015%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0600%	1h	0.2117	+0.076%	$5.6M	$12.6M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0608%	1h	0.2120	+0.208%	$837K	$1.8M	50x	as long as short
Hyperliquid ENA	+0.0700%	1h	0.2119	+0.156%	$114.3M	$75.3M	10x	as long as short