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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against ApeX Omni+0.074%92s7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.074%, 7d avg −0.094%
Together, before fees−0.100%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.168% dearer against ApeX Omni than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.094%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ENAUSDT0.20940.0100pay 0.0013% / 1h21m 45s$32K$711K50x
ShortExtended ENA-USD0.20960.0328get 0.0041% / 1h21m 45s$1.6M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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
$47.88
Price spread: +0.074% → −0.094%
$16.76
Slippage, 4 orders
−$29.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$20.54
Costs to cover
0.441%
Break-even
4.0 days
Slippage from ApeX Omni: live order book, 62 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 62 min ago7.10 bp16.0 bp −$16136.9 bp −$1,369doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.24 bp5.9 bp −$611.8 bp −$118doesn't fitdoesn't fit

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−0.0068%1h0.2097+0.158%$362K$447K5xas long as short
Orderly PERP_ENA_USDC−0.0053%4h0.2096+0.110%$41K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2097+0.129%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2096+0.096%$101K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.404%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0066%1h0.2098+0.168%$2.6M$5.5M50xas long as short
Popdex ENAUSDT+0.0096%1h0.20940.000%$61K$531K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2095+0.061%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2093−0.045%$659K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2096+0.118%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2096+0.110%$405K$578K10xas long as short
Binance ENAUSDT+0.0100%4h0.2096+0.110%$129.3M$456.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2095+0.053%$87.2M$191.1M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2095+0.067%$20.2M$111.4M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2093−0.062%$15K$401K5xas long as short
Arcus ENA-USD+0.0100%1h0.2097+0.143%$82K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2088−0.263%$88K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2097+0.124%$10.5M$21.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2096+0.096%$45.8M$46.9M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2097+0.143%$23.9M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.20940.000%$47.3M$64.8M75xas long as short
BingX ENA-USDC+0.0100%4h0.2096+0.076%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2089−0.225%$3.8M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2093−0.068%$248K$7.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.20940.000%$354K$4.6M10xas long as short
ApeX Omni ENAUSDTlong+0.0100%1h0.2094long leg$32K$711K50x
Polymarket Perps ENA-USD+0.0100%1h0.2095+0.067%$181K$2.7M10xas long as short
SunX ENA-USDT+0.0100%4h0.2045−2.345%$978$815K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2096+0.096%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2097+0.124%$272K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2095+0.048%$1.9M$9.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2097+0.143%$77K$11K3xas long as short
Phoenix ENA+0.0115%1h0.2091−0.124%$5K$356K10xas long as short
01 Exchange ENAUSD+0.0128%1h0.2095+0.053%$4K$43210xas long as short
GMX ENA/USD [ETH-USDC]L +0.0237% / S −0.0404%1h0.2095+0.059%$38K100xas long as short
Extended ENA-USDshort+0.0328%1h0.2096+0.074%$1.6M$4.1M50x
BloFin ENA-USDT+0.0340%4h0.2092−0.119%$5.5M$8.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2094+0.013%$1K$5K15xas long as short
Lighter ENA+0.0512%1h0.2099+0.229%$5.6M$12.9M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2097+0.167%$806K$2.1M50xas long as short
Hyperliquid ENA+0.0583%1h0.2099+0.263%$110.8M$78.9M10xas long as short
dYdX ENA-USD+0.1963%1h0.2096+0.073%$138K$15K5xas long as short