Settings8H · net · $10k
Funding arb · Price arb /

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.009%
Price spread now: GMX against Aevo+0.073%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.073% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ENA-PERP0.20970.0104pay 0.0013% / 1h50m 34s$73K$4K3x
ShortGMX ENA/USD [ETH-USDC]0.2098L +0.0253% / S −0.0213%get 0.0027% / 1h50m 34s$51K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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

Funding earned
$22.81
Price spread: +0.073% → 0.000%
$7.35
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$2.16
Costs to cover
0.280%
Break-even
6.3 days
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack ENA_USDC_PERP−0.0230%1h0.2097+0.033%$370K$372K5xas long as short
01 Exchange ENAUSD−0.0096%1h0.2091−0.281%$4K$30210xas long as short
Orderly PERP_ENA_USDC−0.0056%4h0.2095−0.048%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2096−0.005%$78K$1.2M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2098+0.072%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.283%$522$57K5.5xas long as short
dYdX ENA-USD+0.0068%1h0.2092−0.191%$138K$15K5xas long as short
Phoenix ENA+0.0076%1h0.2108+0.558%$8K$266K10xas long as short
Lighter ENA+0.0096%1h0.2094−0.110%$5.2M$13.3M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2091−0.262%$55K$501K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h0.2094−0.103%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2098+0.083%$659K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2097+0.024%$111.9M$72.6M10xas long as short
Aster ENAUSDT+0.0100%4h0.2096−0.020%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2094−0.142%$408K$499K10xas long as short
Binance ENAUSDT+0.0100%4h0.2091−0.253%$127.8M$415.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2091−0.281%$85.0M$176.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2092−0.229%$20.6M$101.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2106+0.453%$19K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2092−0.215%$77K$275K10xas long as short
Bulk ENA-USD+0.0100%1h0.2107+0.501%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2092−0.205%$11.0M$21.5M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2092−0.219%$45.2M$41.0M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.20970.000%$24.5M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2090−0.324%$47.5M$57.3M75xas long as short
BingX ENA-USDC+0.0100%4h0.2091−0.243%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2097+0.014%$3.1M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2105+0.391%$242K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2104+0.378%$353K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2104+0.358%$20K$649K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2099+0.138%$181K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2048−2.294%$934$841K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2096−0.024%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2101+0.219%$272K$797K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2095−0.072%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2090−0.291%$1.6M$4.1M50xas long as short
Aevo ENA-PERPlong+0.0104%1h0.2097long leg$73K$4K3x
Kraken Futures PF_ENAUSD+0.0245%1h0.2098+0.060%$2.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]shortL +0.0253% / S −0.0213%1h0.2098+0.073%$51K100x
BloFin ENA-USDT+0.0340%4h0.2098+0.057%$5.6M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2098+0.093%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2112+0.730%$860K$1.5M50xas long as short