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+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h −0.032%
Price spread now: 01 Exchange against gTrade (Gains Network)+0.055%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 01 Exchange is 0.055% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 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/USD0.2089L +0.0003% / S −0.0003%pay 0.0000% / 1h29m 45s$96K150x
Short01 Exchange ENAUSD0.20900.0112get 0.0014% / 1h29m 45s$4K$43210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$22.8
Price spread: +0.055% → 0.000%
$5.46
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$11.26
Costs to cover
0.170%
Break-even
3.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: 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) no order-book sample
Sell 01 Exchange no order-book sample
gTrade (Gains Network) and 01 Exchange: 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−0.0089%1h0.2089+0.035%$360K$461K5xas long as short
Orderly PERP_ENA_USDC−0.0062%4h0.2088−0.051%$40K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2088−0.022%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0003% / S −0.0003%1h0.2089long leg$96K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+1.663%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0066%1h0.2090+0.074%$2.6M$5.6M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2088−0.032%$61K$537K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2088−0.050%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2089+0.011%$657K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2090+0.064%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2090+0.053%$404K$581K10xas long as short
Binance ENAUSDT+0.0100%4h0.2091+0.090%$128.8M$457.5M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2091+0.093%$86.9M$191.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2092+0.136%$20.1M$111.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2091+0.107%$15K$405K5xas long as short
Arcus ENA-USD+0.0100%1h0.2090+0.064%$82K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2088−0.008%$88K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2089+0.040%$10.4M$21.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2090+0.083%$45.1M$46.8M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2089+0.021%$23.8M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2090+0.069%$47.3M$65.2M75xas long as short
BingX ENA-USDC+0.0100%4h0.2091+0.088%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2090+0.049%$3.8M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2095+0.306%$249K$7.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2093+0.200%$353K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2095+0.304%$32K$712K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2089+0.007%$183K$2.7M10xas long as short
SunX ENA-USDT+0.0100%4h0.2038−2.416%$1K$815K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2088−0.032%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2095+0.308%$272K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2088−0.032%$1.9M$9.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2089−0.008%$77K$11K3xas long as short
01 Exchange ENAUSDshort+0.0112%1h0.2090+0.055%$4K$43210x
Phoenix ENA+0.0115%1h0.2096+0.361%$5K$356K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0232% / S −0.0392%1h0.2088−0.013%$38K100xas long as short
Extended ENA-USD+0.0288%1h0.2088−0.019%$1.6M$4.2M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2089+0.035%$5.5M$8.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2088−0.054%$1K$5K15xas long as short
Lighter ENA+0.0512%1h0.2091+0.117%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0575%1h0.2094+0.275%$110.6M$79.6M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2092+0.160%$804K$2.1M50xas long as short
dYdX ENA-USD+0.1918%1h0.2089+0.009%$138K$15K5xas long as short