ETHENA (ENA) price, where to buy & arbitrage

ENA 25 exchanges

Ethena (ENA) trades on 25 exchanges that Finder tracks live, across 21 spot, 25 perpetual markets. Ethena arbitrage means buying ENA where it is priced lower and selling where it is higher, capturing the gap before it closes. The deepest liquidity is on Binance ($187,387,725 of $680,996,762 total 24h volume). It can be moved between exchanges over ERC20, MANTLE. With both spot and perpetual ENA markets live, the spot-versus-perp gap and the cross-exchange spread are both arbitrage opportunities. Finder compares every ENA quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-06-29
Live · 25 exchanges Real-time ↗
$0.080324
+6.18%24h
Cross-exchange $0.01 · 12.20%
Bitmart → Bybit · 24h high +3.92% · 4h ago
Most liquid Binance futures · $187.4M/24h
Supported networks 16 chains
Erc20 Mantle Arbitrum Base Blast Fraxtal Kava Manta Metis Mode Morph Scroll Swell Ton Zircuit Zksync

ENA price · last 7d

-13.55%
low 0.075035 Binance · 7d high 0.092945

Where ENA trades

46 markets
Exchange
Market
Funding
Bid
Ask
24h Vol
Vol%
NetworkD/WFee
$0.0801
$0.0802
$30.4M
4.5%
ERC20DW$0.49
-0.0031%
$0.08005
$0.08006
$187.4M
27.5%
ERC20DW$0.49
$0.08011
$0.08014
$11.3M
1.7%
ERC20DW$0.64MANTLEDWfree
+0.0050%
$0.08007
$0.08008
$96.1M
14.1%
ERC20DW$0.64MANTLEDWfree
$0.08005
$0.08026
$4.0M
0.6%
ERC20DW$0.16
-0.0031%
$0.08007
$0.08008
$61.1M
9.0%
ERC20DW$0.16
$0.0801
$0.08016
$1.3M
0.2%
ERC20DW$0.32
-0.0031%
$0.08004
$0.08007
$51.2M
7.5%
ERC20DW$0.32
$0.08014
$0.08015
$4.1M
0.6%
ERC20DW$0.33
-0.0005%
$0.08007
$0.08008
$34.9M
5.1%
ERC20DW$0.33
$0.0801
$0.0802
$3.6M
0.5%
ERC20DW$1.61
-0.0026%
$0.08006
$0.08009
$25.3M
3.7%
ERC20DW$1.61
$0.079713
$0.08
$12k
<0.1%
+0.0013%
$0.080155
$0.080179
$27.9M
4.1%
$0.08013
$0.08018
$2.4M
0.3%
ERC20DW$0.80
+0.0050%
$0.08007
$0.08008
$21.3M
3.1%
ERC20DW$0.80
$0.0801
$0.0802
$5.9M
0.9%
ERC20DW$0.84
+0.0050%
$0.08008
$0.08011
$10.3M
1.5%
ERC20DW$0.84
$0.08
$0.0803
$2.9M
0.4%
ERC20DW$3.05
-0.0032%
$0.08003
$0.08007
$13.0M
1.9%
ERC20DW$3.05
$0.08012
$0.08015
$4.2M
0.6%
ERC20DW
+0.0050%
$0.08006
$0.0801
$10.0M
1.5%
ERC20DW
$0.0801
$0.0802
$5.4M
0.8%
ERC20DW$1.05
-0.0033%
$0.08005
$0.08006
$7.4M
1.1%
ERC20DW$1.05
$0.0797
$0.0807
$2.3M
0.3%
ERC20DW$4.26
-0.0460%
$0.07999
$0.08012
$10.1M
1.5%
ERC20DW$4.26
Xt
$0.0801
$0.0802
$6.1M
0.9%
ERC20DW$7.09
Xt
+0.0100%
$0.08
$0.0803
$5.6M
0.8%
ERC20DW$7.09
$0.08
$0.0803
ERC20DW$1.04
+0.0050%
$0.08005
$0.08011
$10.1M
1.5%
ERC20DW$1.04
$0.08
$0.0804
$2.4M
0.4%
ERC20DW
+0.0050%
$0.08
$0.0801
$5.0M
0.7%
ERC20DW
Kraken
spot
$0.08
$0.0801
$948k
0.1%
Kraken
futures
-0.0071%
$0.08
$0.08007
$1.1M
0.2%
$0.08
$0.0804
$266k
<0.1%
ERC20DW$1.45
·
$0.08005
$0.08006
$1.3M
0.2%
ERC20DW$1.45
$0.0798
$0.0804
$314k
<0.1%
ERC20DW$1.22
+0.0050%
$0.08067
$0.08103
$219k
<0.1%
ERC20DW$1.22
$0.079931
$0.08044
$37k
<0.1%
ERC20DW
+0.0083%
$0.080088
$0.080187
$484k
<0.1%
ERC20DW
$0.079843
$0.080257
$15k
<0.1%
ERC20DW$1.66
-0.0040%
$0.080006
$0.080264
$27k
<0.1%
ERC20DW$1.66
+0.0050%
$0.0799
$0.0802
$10.9M
1.6%
+0.0012%
$0.07995
$0.08
$1.7M
0.3%
+0.0036%
$0.08006
$0.08008
$804k
0.1%
$0.073
$0.1062
$62
<0.1%
ERC20DW$0.33

About Ethena spreads

Q.01 Where can I buy ENA? +
ENA is listed on 46 exchanges: Ascendex, Asterdex, Binance, Bingx, Bitfinex, Bitget, Bitmart, Bybit, …. The highest-volume market is Binance ($187,387,725 24h). Current lowest price: $0.0798565 on Hyperliquid (perp-DEX).
Q.02 Where is ENA cheapest to buy right now? +
The lowest live ENA price across the exchanges we track is $0.0798565 on Hyperliquid (perp-dex). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.
Q.03 Does ENA trade on spot or futures? +
ENA is available across 21 spot markets, 25 perpetual markets. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.
Q.04 How do I arbitrage ENA between exchanges? +
Buy ENA on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.
Q.05 Which networks does ENA support for deposit and withdrawal? +
ENA can be transferred via ERC20, MANTLE networks. Real-time deposit/withdrawal status per exchange is tracked in the table above. Rails change frequently and we refresh our data every few minutes.
Q.06 How often are ENA prices and arbitrage data updated? +
Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.

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How to arbitrage ENA

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1.003 1.000 0.997 0.880

normal: inside the band depeg event

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