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+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against BingX−0.144%81s7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.436%+$44 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.144% cheaper against BingX than usual: you would sell low and buy high (spread −0.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 48 hours of funding at the current rate (+$7 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENA-USDC0.21590.0100pay 0.0050% / 4h3h 15m$6.5M
ShortBloFin ENA-USDT0.21560.0340get 0.0170% / 4h3h 15m$5.7M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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: −0.144% → 0.000%
−$14.36
Slippage, 4 orders
−$28.37
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.33
Costs to cover
0.504%
Break-even
9.0 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 3 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 BingX live order book, 5 min ago0.69 bp15.6 bp −$1633.3 bp −$33373.9 bp −$7,391376.8 bp −$188.4K
Sell BloFin live order book, 3 min ago0.70 bp15.7 bp −$1626.5 bp −$26565.7 bp −$6,567doesn'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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2158−0.037%$81K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0004%1h0.2157−0.102%$104K150xas long as short
Orderly PERP_ENA_USDC+0.0032%4h0.2157−0.116%$42K$23K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.658%$522$57K5.5xas long as short
dYdX ENA-USD+0.0069%1h0.2157−0.096%$142K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2158−0.056%$63K$518K50xas long as short
Nado ENA-PERP+0.0100%1h0.2159−0.021%$715K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2160+0.028%$1.6M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2159−0.013%$425K$553K10xas long as short
Binance ENAUSDT+0.0100%4h0.21590.000%$134.6M$442.7M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2159−0.019%$89.1M$187.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2159−0.014%$21.2M$110.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2156−0.162%$16K$413K5xas long as short
Arcus ENA-USD+0.0100%1h0.2160+0.037%$107K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2150−0.422%$94K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.21590.000%$11.0M$21.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2159+0.005%$46.2M$44.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2160+0.042%$24.8M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2158−0.060%$48.9M$61.4M75xas long as short
BingX ENA-USDClong+0.0100%4h0.2159long leg$6.5M
Backpack ENA_USDC_PERP+0.0100%1h0.2160+0.042%$384K$405K5xas long as short
Variational Omni ENA+0.0100%4h0.2157−0.092%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2144−0.686%$248K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2145−0.673%$357K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2146−0.611%$33K$688K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2158−0.069%$180K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2107−2.394%$1K$833K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2158−0.056%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2160+0.032%$280K$1.1M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2160+0.037%$2.0M$9.3M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2159−0.021%$48K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2158−0.070%$75K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2153−0.301%$8K$347K10xas long as short
01 Exchange ENAUSD+0.0184%1h0.2158−0.042%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0231%1h0.2160+0.024%$2.7M$5.1M50xas long as short
Extended ENA-USD+0.0312%1h0.2159−0.017%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0334% / S −0.0430%1h0.2157−0.113%$81K100xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2156−0.144%$5.7M$2.0M75x
Reya ENARUSDPERP+0.0412%1h0.2157−0.113%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.21590.000%$855K$1.8M50xas long as short
Lighter ENA+0.0704%1h0.2162+0.125%$5.7M$12.7M10xas long as short
Hyperliquid ENA+0.0767%1h0.2163+0.167%$117.5M$74.7M10xas long as short