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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against gTrade (Gains Network)+0.100%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.100% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2105L +0.0003% / S −0.0003%pay 0.0000% / 1h8m 40s$101K150x
ShortAevo ENA-PERP0.21070.0104get 0.0013% / 1h8m 40s$77K$11K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$21.12
Price spread: +0.100% → 0.000%
$9.97
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$5.09
Costs to cover
0.260%
Break-even
5.3 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 15 min ago; Aevo: 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 gTrade (Gains Network) virtual book (oracle venue), 15 min ago130.03 bp186.1 bp −$1861556.6 bp −$15.6K15425.0 bp −$1.54Mdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 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−0.0041%4h0.2107+0.062%$41K$24K10xas long as short
Backpack ENA_USDC_PERP−0.0018%1h0.2110+0.204%$372K$447K5xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0003% / S −0.0003%1h0.2105long leg$101K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.855%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0066%1h0.2109+0.157%$2.7M$5.5M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2104−0.066%$62K$530K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2108+0.135%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2104−0.050%$662K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2107+0.075%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2108+0.123%$408K$575K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2108+0.135%$130.1M$454.7M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2108+0.123%$87.9M$190.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2109+0.171%$20.4M$111.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2099−0.323%$15K$397K5xas long as short
Arcus ENA-USD+0.0100%1h0.2108+0.123%$82K$220K10xas long as short
Bulk ENA-USD+0.0100%1h0.2099−0.291%$89K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2107+0.100%$10.5M$21.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2108+0.123%$46.8M$47.0M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2107+0.081%$24.0M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2106+0.038%$47.6M$64.6M75xas long as short
BingX ENA-USDT+0.0100%4h0.2108+0.114%$32.7Mas long as short
Variational Omni ENA+0.0100%4h0.2097−0.391%$3.8M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2098−0.357%$249K$7.7M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2096−0.460%$350K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2096−0.446%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2106+0.009%$177K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2053−2.475%$1K$816K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2108+0.123%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2104−0.057%$274K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2107+0.076%$2.0M$9.1M50xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2107+0.100%$77K$11K3x
Phoenix ENA+0.0115%1h0.2098−0.332%$5K$356K10xas long as short
Deribit ENA_USDC-PERPETUAL+0.0130%1h0.2108+0.133%$92K$1.8M50xas long as short
01 Exchange ENAUSD+0.0144%1h0.2105−0.014%$4K$31210xas long as short
GMX ENA/USD [ETH-USDC]L +0.0246% / S −0.0424%1h0.2105−0.014%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2103−0.119%$5.5M$8.0M75xas long as short
Extended ENA-USD+0.0352%1h0.2107+0.058%$1.6M$4.1M50xas long as short
Reya ENARUSDPERP+0.0412%1h0.2105−0.021%$1K$5K15xas long as short
Lighter ENA+0.0552%1h0.2111+0.247%$5.7M$12.9M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2100−0.252%$827K$2.1M50xas long as short
Hyperliquid ENA+0.0589%1h0.2109+0.185%$111.4M$78.5M10xas long as short
dYdX ENA-USD+0.1988%1h0.2107+0.062%$139K$15K5xas long as short