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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Deribit against gTrade (Gains Network)+0.005%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2117L +0.0004% / S −0.0004%pay 0.0000% / 1h25m 54s$82K150x
ShortDeribit ENA_USDC-PERPETUAL0.21170get 0.0000% / 1h25m 54s$79K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$0.77
Price spread: +0.005% → 0.000%
$0.52
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$17.25
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 3 min ago. 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) no order-book sample
Sell Deribit live order book, 3 min ago1.42 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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
Backpack ENA_USDC_PERP−0.0196%1h0.2119+0.086%$365K$396K5xas long as short
01 Exchange ENAUSD−0.0088%1h0.2117+0.015%$4K$30210xas long as short
Orderly PERP_ENA_USDC−0.0068%4h0.2116−0.023%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUALshort0.0000%1h0.2117+0.005%$79K$1.1M50x
gTrade (Gains Network) ENA/USDlongL +0.0004% / S −0.0004%1h0.2117long leg$82K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.317%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2114−0.113%$8K$266K10xas long as short
dYdX ENA-USD+0.0091%1h0.2118+0.050%$140K$15K5xas long as short
Lighter ENA+0.0096%1h0.2120+0.171%$5.2M$13.5M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2117+0.015%$56K$476K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h0.2116−0.012%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2117+0.017%$653K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2120+0.156%$115.5M$75.1M10xas long as short
Aster ENAUSDT+0.0100%4h0.2120+0.153%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2119+0.090%$405K$516K10xas long as short
Binance ENAUSDT+0.0100%4h0.2117+0.031%$129.0M$416.7M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2116−0.018%$85.5M$175.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2117+0.005%$20.8M$103.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2115−0.056%$18K$316K5xas long as short
Arcus ENA-USD+0.0100%1h0.2117+0.015%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2093−1.119%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2117+0.010%$11.1M$22.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2117+0.024%$46.2M$41.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2120+0.137%$24.7M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2115−0.080%$48.1M$57.6M75xas long as short
BingX ENA-USDT+0.0100%4h0.2117−0.004%$32.3Mas long as short
Variational Omni ENA+0.0100%4h0.2116−0.016%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2111−0.251%$243K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2113−0.197%$349K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2124+0.345%$20K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2117+0.005%$183K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2067−2.343%$1K$848K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2117+0.015%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2119+0.109%$274K$791K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116−0.033%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2116−0.035%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2116−0.027%$74K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0242%1h0.2120+0.134%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0253% / S −0.0213%1h0.21170.000%$51K100xas long as short
BloFin ENA-USDT+0.0340%4h0.21170.000%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2116−0.026%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2121+0.213%$868K$1.6M50xas long as short