Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1723 | +0.0100 | pay 0.0013% / 1h | 59m 13s | $33K | $214K | 50x | Long ApeX Omni5% off | |
| SHORT | 0.1726 | −0.0071 | pay 0.0009% / 1h | 59m 13s | $1.0M | $3.3M | 50x | Short TxFlow5% off |
Price gap+0.186%
Funding gap−0.0171% /8h
The gap pays +$29 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 5.7 days. At the last 7 days' pace that is about 24 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0171% /8h now · paid −0.085% over the last 7D
Price+$29spread +0.186% now, avg −0.109% → +0.295% if it goes back
Costs−$500.502% of $10k · taker + slippage, in and out
Result−$29−0.29%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.186%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 44 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size16.4 / 7.9 bpAt $10k entering ApeX Omni costs 16.4 bp, fee and slippage, 2.1× TxFlow’s.
- Note: Margin at max leverage$200 + $200ApeX Omni 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$5.13Long ApeX Omni: 24 payments, −$3.00; short TxFlow: 24 payments, −$2.13.
- OK: Entry gap works for you+0.186% vs −0.109%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$33K vs $1.0M OIApeX Omni sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legApeX Omni No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0040%/8h × 21 periods−$8.48
Price spread+0.186% → −0.109% (7d avg)+$29.49
Slippage, 4 orderslive order books−$31.17
Fee ApeX Omni bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$29.16
Costs to cover0.502%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 49 min ago; TxFlow: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni8.7216.4 bp−$16106.6 bp−$1,066doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.587.9 bp−$819.8 bp−$198139.8 bp−$14.0Kdoesn’t fit
Closing costs about the same again.
| 10-29 18:30 | OKX | Other | A fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗ |
| 10-23 09:05 | Reya | Listing | new market ENARUSDPERP ($ENA) seen by our collector |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-20 09:08 | Bullet | Listing | By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 10-20 08:16 | Bullet | Listing | new market ENA-USD ($ENA) seen by our collector |
| 10-16 07:56 | Pacifica | Listing | $ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗ |

OKX
Bullet
Pacifica