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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.011%
Price spread now: Bulk against Extended+0.715%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Bulk is 0.715% dearer against Extended than usual: you sell high and buy low (spread +0.715% now, against zero (this spread has no 7-day history yet)): +$72 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21110.0184pay 0.0023% / 1h8m 13s$1.6M$4.1M50x
ShortBulk ENA-USD0.21260.0100get 0.0013% / 1h8m 13s$93K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Extended. 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
−$17.64
Price spread: +0.715% → 0.000%
$71.53
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$41.89
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Extended: live order book, 6 min ago; Bulk: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 6 min ago0.23 bp6.0 bp −$613.6 bp −$136doesn't fitdoesn't fit
Sell Bulk no order-book sample
Bulk: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENA on 41 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
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2111−0.003%$87K150xas long as short
dYdX ENA-USD+0.0012%1h0.2107−0.207%$139K$15K5xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.590%$522$57K5.5xas long as short
Deribit ENA_USDC-PERPETUAL+0.0034%1h0.2112+0.040%$79K$1.3M50xas long as short
Orderly PERP_ENA_USDC+0.0035%4h0.2110−0.026%$44K$27K10xas long as short
01 Exchange ENAUSD+0.0096%1h0.2106−0.225%$4K$30210xas long as short
Popdex ENAUSDT+0.0096%1h0.2106−0.235%$54K$507K50xas long as short
Nado ENA-PERP+0.0100%1h0.2110−0.026%$679K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2111−0.011%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2106−0.233%$411K$530K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2110−0.050%$130.1M$439.5M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2111+0.007%$86.4M$181.0M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2112+0.031%$20.8M$105.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2112+0.073%$19K$382K5xas long as short
Arcus ENA-USD+0.0100%1h0.2106−0.235%$78K$289K10xas long as short
Bulk ENA-USDshort+0.0100%1h0.2126+0.715%$93K$4K10x
Gate ENA_USDT+0.0100%4h0.2111+0.002%$11.0M$21.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2111−0.003%$44.7M$44.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2112+0.045%$24.5M$16.2M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2109−0.074%$48.0M$59.3M75xas long as short
BingX ENA-USDT+0.0100%4h0.2111+0.021%$32.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2112+0.073%$381K$370K5xas long as short
Variational Omni ENA+0.0100%4h0.2114+0.134%$3.8M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2117+0.290%$247K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2116+0.239%$358K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2116+0.239%$32K$654K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2110−0.059%$182K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2062−2.333%$1K$853K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2111+0.002%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2117+0.267%$275K$814K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2110−0.045%$1.9M$9.0M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2105−0.277%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2111−0.013%$74K$4K3xas long as short
Extended ENA-USDlong+0.0184%1h0.2111long leg$1.6M$4.1M50x
Phoenix ENA+0.0188%1h0.2118+0.315%$7K$351K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0206%1h0.2111+0.013%$50K100xas long as short
Kraken Futures PF_ENAUSD+0.0253%1h0.2111+0.017%$2.6M$4.4M50xas long as short
Lighter ENA+0.0384%1h0.2112+0.069%$5.5M$13.7M10xas long as short
Reya ENARUSDPERP+0.0412%1h0.2110−0.024%$1K$5K15xas long as short
Hyperliquid ENA+0.0479%1h0.2114+0.140%$113.6M$71.4M10xas long as short
Coinbase International ENA-PERP-INTX+0.0648%1h0.2115+0.206%$830K$1.6M50xas long as short