ENA funding rates and arbitrage
Updated 2026-11-11 22:59 UTC
Best ENA arbitrage after every cost
No ENA pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
ENA funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Phoenix | ENA | 0.0014% | 1 h | +12.0% | +10.8% | — | 2026-11-12 00:00 |
| Extended | ENA-USD | 0.0013% | 1 h | +11.4% | +11.4% | $592.2K | 2026-11-12 00:00 |
| Pacifica | ENA | 0.0013% | 1 h | +10.9% | +10.6% | $111.2K | 2026-11-12 00:00 |
| Bullet | ENA-USD | 0.0013% | 1 h | +10.9% | — | $42.9K | 2026-11-12 00:00 |
| Backpack | ENA_USDC_PERP | 0.0013% | 1 h | +10.9% | +7.8% | $276K | 2026-11-12 00:00 |
| Ondo Perps | ENA-USD.P | 0.0013% | 1 h | +10.9% | — | $91K | 2026-11-11 23:00 |
| Phemex | ENAUSDT | 0.0050% | 4 h | +10.9% | — | $1.4M | 2026-11-12 00:00 |
| WhiteBIT | ENA_PERP | 0.0050% | 4 h | +10.9% | +10.2% | $15.4M | 2026-11-12 00:00 |
| ApeX | ENA-USDT | 0.0013% | 1 h | +10.9% | +10.9% | $26.8K | 2026-11-12 00:00 |
| HTX | ENA-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $151.6K | 2026-11-12 00:00 |
| Nado | ENA-PERP_USDT0 | 0.0013% | 1 h | +10.9% | +11.7% | $222.8K | 2026-11-12 00:00 |
| PopDEX | ENAUSDT | 0.0013% | 1 h | +10.9% | +11.1% | $113.6K | 2026-11-12 00:00 |
| Bitunix | ENAUSDC | 0.0050% | 4 h | +10.9% | +11.0% | — | 2026-11-12 00:00 |
| Aster | ENAUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $361.1K | 2026-11-12 00:00 |
| Arcus | ENA-USD | 0.0013% | 1 h | +10.9% | +10.5% | $90.1K | 2026-11-12 00:00 |
| Lighter | ENA | 0.0012% | 1 h | +10.5% | +10.2% | $1.9M | 2026-11-12 00:00 |
| RISEx | ENA/USDC | 0.0008% | 1 h | +7.4% | — | $178.3K | 2026-11-12 00:00 |
| Paradex | ENA-USD-PERP | 0.0064% | 8 h | +7.0% | — | $16.9K | 2026-11-12 00:00 |
| Coinbase Derivatives | ENA-20DEC30-CDE | 0.0007% | 1 h | +6.1% | — | $1.3M | 2026-11-12 00:00 |
| Bitunix | ENAUSDT | 0.0020% | 4 h | +4.3% | +10.2% | — | 2026-11-12 00:00 |
| Variational | ENA-PERP | 0.0018% | 4 h | +4.0% | +11.9% | $2.4M | 2026-11-12 00:00 |
| Bitget | ENAUSDT | 0.0002% | 4 h | +0.4% | +2.8% | $31.1M | 2026-11-12 00:00 |
| BingX | ENA-USDT | 0.0002% | 4 h | +0.4% | +10.3% | $10.5M | 2026-11-12 00:00 |
| Bitfinex | tENAF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $48.1K | 2026-11-12 00:00 |
| OKX | ENA-USDT-SWAP | -0.0004% | 8 h | −0.5% | +1.5% | $12.1M | 2026-11-12 00:00 |
| Gate | ENA_USDT | -0.0021% | 4 h | −4.6% | +2.0% | $30.4M | 2026-11-12 00:00 |
| BloFin | ENA-USDT | -0.0025% | 4 h | −5.4% | +11.0% | $3.2M | 2026-11-12 00:00 |
| KuCoin | ENAUSDTM | -0.0025% | 4 h | −5.5% | +0.6% | $13.9M | 2026-11-12 00:00 |
| MEXC | ENA_USDT | -0.0035% | 4 h | −7.7% | +9.3% | $45.2M | 2026-11-12 00:00 |
| LBank | ENAUSDT | -0.0035% | 4 h | −7.7% | +11.9% | — | 2026-11-12 00:00 |
| WOO X | PERP_ENA_USDT | -0.0035% | 4 h | −7.7% | +9.3% | $18.2K | 2026-11-12 00:00 |
| Binance | ENAUSDT | -0.0036% | 4 h | −7.8% | +9.4% | $70.3M | 2026-11-12 00:00 |
| Hyperliquid | ENA | -0.0014% | 1 h | −12.5% | +9.7% | $55.8M | 2026-11-12 00:00 |
| GRVT | ENA_USDT_Perp | -0.0065% | 4 h | −14.2% | +8.7% | $256.7K | 2026-11-12 00:00 |
| Kraken | PF_ENAUSD | -0.0019% | 1 h | −16.8% | −7.7% | $1.4M | 2026-11-12 00:00 |
| TXFlow | ENA-USDC | -0.0032% | 1 h | −27.8% | — | $380.2K | 2026-11-12 00:00 |
| Bybit | ENAUSDT | -0.0137% | 4 h | −29.9% | +1.6% | $45.7M | 2026-11-12 00:00 |
| Crypto.com | ENAUSD-PERP | -0.0050% | 1 h | −43.5% | −48.7% | $86.4K | 2026-11-12 00:00 |
| Lighter RH | ENA | -0.0085% | 1 h | −74.5% | +9.4% | $58.6K | 2026-11-12 00:00 |
Borrow ENA to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 1.43% | — |
| Bybit | 1.88% | — |
| Binance | 23.03% | — |
| Gate | 48.80% | $600K |
Cost to enter $10,000 of ENA
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ENA_USDT | 1.6 bp | order-book snapshot, 20 min old |
| Lighter | ENA | 3.9 bp | order-book snapshot, 46 min old |
| Extended | ENA-USD | 4.7 bp | order-book snapshot, 45 min old |
| Binance | ENAUSDT | 5.5 bp | order-book snapshot, 29 min old |
| Nado | ENA-PERP_USDT0 | 6.2 bp | order-book snapshot, 42 min old |
| Pacifica | ENA | 6.2 bp | order-book snapshot, 52 min old |
| Bitunix | ENAUSDT | 6.3 bp * | order-book snapshot, 51 min old |
| BingX | ENA-USDT | 6.4 bp | order-book snapshot, 17 min old |
| Aster | ENAUSDT | 7.4 bp | order-book snapshot, 1 min old |
| GRVT | ENA_USDT_Perp | 7.5 bp | order-book snapshot, 5 min old |
| Bitget | ENAUSDT | 7.7 bp | order-book snapshot, 22 min old |
| BloFin | ENA-USDT | 8.8 bp | order-book snapshot, 58 min old |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on ENA
Questions
Is ENA funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no ENA pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest ENA funding rate?
Phoenix at +12.0% a year (0.0014% every 1 h); the lowest is Lighter RH at −74.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.