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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance−0.872%101s7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.462%+$46 on $10k
Price spread, last 4 days (all we have)+1.162%+$116 · spread now −0.872%, 7d avg +0.071%
Together, before fees+1.624%+$162 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.943% cheaper against Binance than usual: you would sell low and buy high (spread −0.872% now, against its 7-day average of +0.071%). If the spread goes back, that is −$94 on $10k: about 13 days of funding at the current rate (+$7 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ENAUSDT0.21450.0100pay 0.0050% / 4h2h 21m$130.0M$419.9M75x
ShortBloFin ENA-USDT0.21260.0340get 0.0170% / 4h2h 21m$5.6M$3.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$50.4
Price spread: −0.872% → +0.071%
−$94.29
Slippage, 4 orders
−$21.43
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$87.33
Costs to cover
0.434%
Break-even
19.1 days
Slippage from Binance: live order book, 7 min ago; BloFin: 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 Binance live order book, 7 min ago0.47 bp9.3 bp −$916.8 bp −$16865.8 bp −$6,582doesn't fit
Sell BloFin live order book, 2 min ago2.59 bp12.9 bp −$1321.6 bp −$21681.5 bp −$8,153doesn'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
Orderly PERP_ENA_USDC−0.0139%4h0.2135−0.443%$44K$26K10xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2136−0.415%$83K150xas long as short
Deribit ENA_USDC-PERPETUAL+0.0031%1h0.2136−0.406%$69K$1.1M50xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.007%$522$57K5.5xas long as short
01 Exchange ENAUSD+0.0048%1h0.2147+0.093%$4K$27710xas long as short
Gate ENA_USDT+0.0080%4h0.2145−0.014%$11.3M$24.1M50xas long as short
Popdex ENAUSDT+0.0096%1h0.21450.000%$59K$467K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2144−0.048%$48K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2144−0.049%$664K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2145−0.014%$116.7M$74.6M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.21450.000%$1.5M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.21450.000%$402K$525K10xas long as short
Binance ENAUSDTlong+0.0100%4h0.2145long leg$130.0M$419.9M75x
Bybit ENAUSDT+0.0100%4h0.2145−0.019%$86.4M$176.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2144−0.028%$21.5M$106.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2141−0.200%$21K$327K5xas long as short
Arcus ENA-USD+0.0100%1h0.2146+0.047%$80K$278K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2145+0.019%$46.9M$41.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2143−0.084%$25.0M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2143−0.084%$48.7M$58.1M75xas long as short
BingX ENA-USDT+0.0100%4h0.2145+0.019%$31.2Mas long as short
Variational Omni ENA+0.0100%4h0.2102−2.005%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2121−1.100%$243K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2126−0.886%$356K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2127−0.839%$19K$651K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2146+0.028%$190K$2.5M10xas long as short
SunX ENA-USDT+0.0100%4h0.2086−2.769%$994$874K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2137−0.373%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2146+0.056%$270K$796K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2141−0.186%$1.8M$8.9M50xas long as short
Bulk ENA-USD+0.0100%1h0.2132−0.629%$94K−$010xas long as short
Extended ENA-USD+0.0104%1h0.2145+0.002%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2136−0.430%$75K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2103−1.944%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0161%1h0.2138−0.339%$2.6M$4.3M50xas long as short
Lighter ENA+0.0256%1h0.2146+0.033%$5.3M$13.1M10xas long as short
dYdX ENA-USD+0.0272%1h0.2144−0.053%$142K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0308% / S −0.0753%1h0.2136−0.427%$59K100xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2126−0.872%$5.6M$3.0M75x
Reya ENARUSDPERP+0.0412%1h0.2143−0.096%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0607%1h0.2143−0.112%$360K$401K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2137−0.382%$875K$1.7M50xas long as short