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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.013%
Price spread now: Gate against Extended+0.208%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$460.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 7 days−0.196%−$20 · spread now +0.208%, 7d avg +0.020%
Together, before fees−0.270%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.188% dearer against Extended than usual: you sell high and buy low (spread +0.208% now, against its 7-day average of +0.020%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.074% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21530.0320pay 0.0040% / 1h19m 24s$1.6M$4.2M50x
ShortGate ENA_USDT0.21580.0100get 0.0050% / 4h3h 19m$11.0M$21.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$46.2
Price spread: +0.208% → +0.020%
$18.8
Slippage, 4 orders
−$25.79
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$73.19
Costs to cover
0.458%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Gate: live order book, 4 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 Extended live order book, 4 min ago0.23 bp4.0 bp −$411.1 bp −$111doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.20 bp15.6 bp −$1638.8 bp −$38856.5 bp −$5,65491.6 bp −$45.8K

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%1h0.2159+0.268%$81K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0004%1h0.2157+0.166%$106K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.394%$522$57K5.5xas long as short
Orderly PERP_ENA_USDC+0.0034%4h0.2155+0.092%$42K$23K10xas long as short
dYdX ENA-USD+0.0036%1h0.2151−0.129%$142K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2156+0.120%$63K$518K50xas long as short
Nado ENA-PERP+0.0100%1h0.2155+0.090%$714K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2155+0.064%$1.6M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2150−0.137%$423K$553K10xas long as short
Binance ENAUSDT+0.0100%4h0.2158+0.195%$134.0M$443.1M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2156+0.110%$89.0M$187.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2155+0.087%$21.2M$110.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2145−0.377%$16K$411K5xas long as short
Arcus ENA-USD+0.0100%1h0.2154+0.027%$107K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2143−0.484%$90K−$010xas long as short
Gate ENA_USDTshort+0.0100%4h0.2158+0.208%$11.0M$21.3M50x
MEXC ENA_USDT+0.0100%4h0.2158+0.222%$46.1M$44.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2157+0.171%$24.8M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2156+0.115%$48.9M$61.4M75xas long as short
BingX ENA-USDT+0.0100%4h0.2157+0.148%$32.6Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2158+0.222%$384K$410K5xas long as short
Variational Omni ENA+0.0100%4h0.2144−0.414%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2144−0.419%$248K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2145−0.406%$357K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2146−0.345%$33K$688K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2158+0.217%$180K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2108−2.119%$1K$832K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2158+0.213%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2160+0.310%$280K$1.1M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2158+0.213%$2.0M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2152−0.076%$48K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2159+0.244%$76K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2147−0.280%$8K$347K10xas long as short
01 Exchange ENAUSD+0.0192%1h0.2156+0.101%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0231%1h0.2160+0.309%$2.7M$5.1M50xas long as short
Extended ENA-USDlong+0.0320%1h0.2153long leg$1.6M$4.2M50x
GMX ENA/USD [ETH-USDC]L +0.0334% / S −0.0430%1h0.2158+0.232%$81K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2146−0.349%$5.6M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2157+0.169%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2150−0.163%$852K$1.8M50xas long as short
Lighter ENA+0.0696%1h0.2155+0.064%$5.7M$12.6M10xas long as short
Hyperliquid ENA+0.0770%1h0.2161+0.361%$117.2M$74.4M10xas long as short