# ENA funding rates and arbitrage

Updated 2026-10-30 07:12 UTC · https://afterfees.xyz/coin/ENA

## 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 |
|---|---|---|---|---|---|---|---|
| [Nado](https://afterfees.xyz/venues/nado) | ENA-PERP_USDT0 | 0.0121% | 1 h | +106.2% | — | $1.1M | 2026-10-30 08:00 |
| [RISEx](https://afterfees.xyz/venues/risex) | ENA/USDC | 0.0097% | 1 h | +84.7% | — | $238.9K | 2026-10-30 08:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_ENAUSD | 0.0070% | 1 h | +61.7% | −8.0% | $2.5M | 2026-10-30 08:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | ENAUSD-PERP | 0.0062% | 1 h | +54.4% | −45.1% | $129.1K | 2026-10-30 08:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | ENA-USDT | 0.0170% | 4 h | +37.2% | +29.6% | $4.6M | 2026-10-30 08:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ENA | 0.0038% | 1 h | +33.6% | +11.5% | $107.4M | 2026-10-30 08:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | ENA | 0.0032% | 1 h | +27.6% | +8.9% | — | 2026-10-30 08:00 |
| [Coinbase Derivatives](https://afterfees.xyz/venues/coinbaseus) | ENA-20DEC30-CDE | 0.0028% | 1 h | +24.5% | — | $1.5M | 2026-10-30 08:00 |
| [Extended](https://afterfees.xyz/venues/extended) | ENA-USD | 0.0013% | 1 h | +11.4% | +10.0% | $890.1K | 2026-10-30 08:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | ENA_USDC_PERP | 0.0013% | 1 h | +10.9% | +13.9% | $441.5K | 2026-10-30 08:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | ENA_USDT | 0.0050% | 4 h | +10.9% | +6.8% | $37.1M | 2026-10-30 08:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | ENA | 0.0013% | 1 h | +10.9% | +10.3% | $154.8K | 2026-10-30 08:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | ENA-USD.P | 0.0013% | 1 h | +10.9% | — | $114K | 2026-10-30 08:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | ENAUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 08:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_ENA_USDT | 0.0050% | 4 h | +10.9% | +6.8% | $32.9K | 2026-10-30 08:00 |
| [HTX](https://afterfees.xyz/venues/htx) | ENA-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $194.7K | 2026-10-30 08:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | ENAUSDT | 0.0050% | 4 h | +10.9% | +5.2% | $39.4M | 2026-10-30 08:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | ENA-USDT | 0.0013% | 1 h | +10.9% | +10.9% | $73.1K | 2026-10-30 08:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | ENAUSDT | 0.0013% | 1 h | +10.9% | +11.5% | $1.1M | 2026-10-30 08:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ENAUSDTM | 0.0050% | 4 h | +10.9% | +8.5% | $22.7M | 2026-10-30 08:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | ENA-USDT | 0.0050% | 4 h | +10.9% | +9.6% | $18.6M | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | ENAUSDT | 0.0050% | 4 h | +10.9% | +8.1% | — | 2026-10-30 08:00 |
| [Binance](https://afterfees.xyz/venues/binance) | ENAUSDT | 0.0050% | 4 h | +10.9% | +6.8% | $107.7M | 2026-10-30 08:00 |
| [Aster](https://afterfees.xyz/venues/aster) | ENAUSDT | 0.0050% | 4 h | +10.9% | +10.5% | $542K | 2026-10-30 08:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | ENA | 0.0012% | 1 h | +10.5% | +7.0% | $3M | 2026-10-30 08:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | ENA-USD-PERP | 0.0075% | 8 h | +8.2% | — | $21.9K | 2026-10-30 08:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | ENA_USDT_Perp | 0.0035% | 4 h | +7.7% | +7.8% | $374.5K | 2026-10-30 08:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | ENA-USDC | 0.0005% | 1 h | +4.6% | — | $1.1M | 2026-10-30 08:00 |
| [Arcus](https://afterfees.xyz/venues/arcus) | ENA-USD | 0.0004% | 1 h | +3.6% | +10.9% | $205.9K | 2026-10-30 08:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tENAF0:USTF0 | 0.0017% | 8 h | +1.9% | — | $95.7K | 2026-10-30 08:00 |
| [Gate](https://afterfees.xyz/venues/gate) | ENA_USDT | 0.0005% | 4 h | +1.1% | +2.8% | $46.3M | 2026-10-30 08:00 |
| [Variational](https://afterfees.xyz/venues/variational) | ENA-PERP | -0.0002% | 4 h | −0.4% | — | $2.9M | 2026-10-30 08:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | ENAUSDT | -0.0027% | 4 h | −5.8% | +4.2% | $90.3M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | ENA-USDT-SWAP | -0.0121% | 8 h | −13.2% | +5.1% | $21.6M | 2026-10-30 08:00 |
| [Bullet](https://afterfees.xyz/venues/bullet) | ENA-USD | -0.0028% | 1 h | −24.4% | — | $17.1K | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | ENAUSDC | -0.0125% | 4 h | −27.5% | +7.5% | — | 2026-10-30 08:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ENA_PERP | -0.0232% | 4 h | −50.7% | +10.7% | $23.9M | 2026-10-30 08:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | ENAUSDT | -0.0452% | 4 h | −99.1% | — | $1.9M | 2026-10-30 08:00 |

## Borrow ENA to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 2.84% | — |
| Bybit | 2.99% | — |
| Binance | 26.85% | — |
| Gate | 49.07% | $600K |

## Cost to enter $10,000 of ENA

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ENA_USDT | 2.1 bp | live order book |
| Lighter | ENA | 2.4 bp | order-book snapshot, 7 min old |
| BingX | ENA-USDT | 5.3 bp | live order book |
| Nado | ENA-PERP_USDT0 | 5.9 bp | order-book snapshot, 1 min old |
| Extended | ENA-USD | 6.9 bp | order-book snapshot, 58 min old |
| Hyperliquid | ENA | 7.1 bp | order-book snapshot, 25 min old |
| Binance | ENAUSDT | 7.5 bp | order-book snapshot, 44 min old |
| GRVT | ENA_USDT_Perp | 7.7 bp | order-book snapshot, 15 min old |
| Aster | ENAUSDT | 8.5 bp | order-book snapshot, 11 min old |
| Bybit | ENAUSDT | 9.0 bp | live order book |
| OKX | ENA-USDT-SWAP | 9.3 bp | live order book |
| BloFin | ENA-USDT | 10.3 bp | live order book |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on ENA

- [Borrow ENA: rates on every exchange](https://afterfees.xyz/borrow/ENA)
- [ENA transfer arbitrage](https://afterfees.xyz/transfers/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?**

Nado at +106.2% a year (0.0121% every 1 h); the lowest is Phemex at −99.1%. 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._