ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0218%/8h= +23.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.053%

Price spread now: MEXC against Orderly−0.157%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 MEXC

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. MEXC is 0.157% cheaper against Orderly than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 2.4 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ENA_USDC	0.2107	−0.0118	get 0.0059% / 4h	3h 20m	$44K	$26K	10x
Short	MEXC ENA_USDT	0.2104	0.0100	get 0.0050% / 4h	3h 20m	$45.6M	$41.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.157%Rate

Funding earned: $45.73
Price spread: −0.157% → 0.000%: −$15.66
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 0 bp × 2 orders: $0
Net: $24.07
Costs to cover: 0.060%
Break-even: 3.3 days

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	0.24 bp	3.8 bp −$4	6.2 bp −$62	35.3 bp −$3,528	65.5 bp −$32.7K

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
Orderly PERP_ENA_USDClong	−0.0118%	4h	0.2107	long leg	$44K	$26K	10x
Backpack ENA_USDC_PERP	−0.0101%	1h	0.2105	−0.095%	$359K	$401K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2109	+0.057%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2108	+0.043%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2109	+0.052%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.754%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2108	+0.024%	$56K	$465K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2109	+0.092%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2108	+0.007%	$654K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2105	−0.101%	$1.5M	$3.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2109	+0.076%	$402K	$513K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2104	−0.163%	$127.5M	$413.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2105	−0.133%	$85.1M	$174.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2106	−0.085%	$21.0M	$103.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2102	−0.242%	$22K	$332K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2109	+0.071%	$78K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2100	−0.358%	$92K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2105	−0.138%	$11.2M	$22.4M	50x	as long as short
MEXC ENA_USDTshort	+0.0100%	4h	0.2104	−0.157%	$45.6M	$41.0M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	+0.047%	$24.9M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2102	−0.247%	$47.7M	$57.5M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2105	−0.128%	—	$31.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2105	−0.119%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2100	−0.353%	$241K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2102	−0.281%	$348K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2102	−0.261%	$20K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2108	+0.038%	$189K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2058	−2.353%	$1K	$854K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2107	−0.024%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.176%	$273K	$790K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2108	+0.024%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2107	−0.034%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2109	+0.056%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2102	−0.237%	$8K	$274K	10x	as long as short
Hyperliquid ENA	+0.0161%	1h	0.2106	−0.085%	$114.4M	$74.0M	10x	as long as short
Lighter ENA	+0.0168%	1h	0.2107	−0.024%	$5.2M	$13.3M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0173%	1h	0.2109	+0.052%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2109	+0.054%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2104	−0.152%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2108	0.000%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2109	+0.066%	$863K	$1.7M	50x	as long as short
dYdX ENA-USD	+0.1160%	1h	0.2105	−0.123%	$139K	$15K	5x	as long as short