Funding arb · Price arb /

ENA

all ENA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.054%

Price spread now: MEXC against Aster−0.059%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.143%−$14 on $10k

Price spread, last 7 days+0.022%+$2 · spread now −0.059%, 7d avg −0.054%

Together, before fees−0.121%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ENAUSDT	0.2130	0.0100	pay 0.0050% / 4h	29m 16s	$1.5M	$2.9M	50x
Short	MEXC ENA_USDT	0.2129	0.0100	get 0.0050% / 4h	29m 16s	$46.2M	$41.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee MEXCbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.054%: −$0.51
Slippage, 4 orders: −$18.67
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$27.17
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 4 min ago	2.37 bp	8.5 bp −$8	18.8 bp −$188	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.24 bp	2.4 bp −$2	10.5 bp −$105	43.1 bp −$4,310	66.2 bp −$33.1K

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack ENA_USDC_PERP	−0.0206%	1h	0.2138	+0.373%	$369K	$390K	5x	as long as short
01 Exchange ENAUSD	−0.0096%	1h	0.2128	−0.064%	$4K	$302	10x	as long as short
Orderly PERP_ENA_USDC	−0.0068%	4h	0.2123	−0.299%	$44K	$25K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2124	−0.266%	$79K	$1.2M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2124	−0.270%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.299%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2114	−0.726%	$8K	$266K	10x	as long as short
dYdX ENA-USD	+0.0096%	1h	0.2130	−0.004%	$141K	$15K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2123	−0.313%	$5.3M	$13.4M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2125	−0.223%	$56K	$482K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0100%	8h	0.2129	−0.049%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2126	−0.172%	$656K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2128	−0.064%	$116.1M	$74.8M	10x	as long as short
Aster ENAUSDTlong	+0.0100%	4h	0.2130	long leg	$1.5M	$2.9M	50x
Pacifica ENA	+0.0100%	1h	0.2130	+0.002%	$407K	$516K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2122	−0.358%	$129.4M	$416.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2120	−0.454%	$85.7M	$176.6M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2119	−0.491%	$20.9M	$103.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2118	−0.552%	$20K	$318K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2128	−0.083%	$80K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2093	−1.726%	$92K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2125	−0.214%	$11.2M	$22.0M	50x	as long as short
MEXC ENA_USDTshort	+0.0100%	4h	0.2129	−0.059%	$46.2M	$41.4M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2128	−0.087%	$24.9M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2124	−0.294%	$48.3M	$57.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2124	−0.261%	—	$32.3M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2112	−0.830%	$3.0M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2111	−0.863%	$243K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2113	−0.810%	$349K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2104	−1.209%	$20K	$647K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2127	−0.130%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2073	−2.684%	$875	$846K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2124	−0.270%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2129	−0.059%	$275K	$794K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2119	−0.505%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2124	−0.271%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2125	−0.240%	$74K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0242%	1h	0.2124	−0.258%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0254% / S −0.0213%	1h	0.2124	−0.277%	$51K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2120	−0.444%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2127	−0.151%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2127	−0.153%	$870K	$1.6M	50x	as long as short