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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.028%
Price spread now: Aevo against Injective−1.353%59s7-day average · you buy dearer than you sell
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 7 days−0.156%−$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 1.353% cheaper against Injective than usual: you would sell low and buy high (spread −1.353% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$135 on $10k: about 2 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.156%, so the current rate has only just turned in your favour. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ENA/USDC PERP0.21230.0033pay 0.0004% / 1h45m 54s$522$57K5.5x
ShortAevo ENA-PERP0.20950.0104get 0.0013% / 1h45m 54s$77K$11K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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
$14.84
Price spread: −1.353% → 0.000%
−$135.3
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$136.48
Costs to cover
0.160%
Break-even
71.4 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Aevo no order-book sample
Injective and 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
Backpack ENA_USDC_PERP−0.0405%1h0.2094−1.389%$360K$487K5xas long as short
Orderly PERP_ENA_USDC−0.0092%4h0.2094−1.380%$41K$24K10xas long as short
01 Exchange ENAUSD−0.0064%1h0.2095−1.333%$4K$43210xas long as short
Gate ENA_USDT−0.0036%4h0.2092−1.474%$10.3M$21.5M50xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2095−1.323%$97K$1.9M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2096−1.297%$96K150xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Phoenix ENA+0.0076%1h0.2096−1.286%$5K$394K10xas long as short
ApeX Omni ENAUSDT+0.0086%1h0.2097−1.243%$32K$711K50xas long as short
Lighter ENA+0.0096%1h0.2096−1.305%$5.6M$13.1M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ENAUSDT+0.0096%1h0.2094−1.385%$59K$542K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2094−1.389%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2094−1.382%$654K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2093−1.410%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2095−1.330%$402K$587K10xas long as short
Binance ENAUSDT+0.0100%4h0.2093−1.442%$129.2M$470.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2092−1.488%$87.6M$194.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2092−1.460%$20.1M$114.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2096−1.295%$19K$444K5xas long as short
Arcus ENA-USD+0.0100%1h0.2095−1.337%$83K$221K10xas long as short
Bulk ENA-USD+0.0100%1h0.2100−1.102%$89K$2K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2093−1.422%$45.0M$48.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2094−1.399%$24.2M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2091−1.521%$47.4M$66.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2093−1.451%$32.0Mas long as short
Variational Omni ENA+0.0100%4h0.2095−1.349%$3.6M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2097−1.241%$251K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2097−1.244%$357K$4.6M10xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2097−1.262%$182K$3.0M10xas long as short
SunX ENA-USDT+0.0100%4h0.2045−3.711%$684$808K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2093−1.432%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2099−1.135%$272K$1.6M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2092−1.479%$1.8M$9.3M50xas long as short
Extended ENA-USD+0.0104%1h0.2093−1.442%$1.6M$4.1M50xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2095−1.353%$77K$11K3x
Kraken Futures PF_ENAUSD+0.0104%1h0.2095−1.336%$2.7M$5.8M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0211% / S −0.0159%1h0.2095−1.321%$50K100xas long as short
Hyperliquid ENA+0.0238%1h0.2096−1.281%$111.3M$80.8M10xas long as short
BloFin ENA-USDT+0.0340%4h0.2095−1.356%$5.5M$8.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2095−1.359%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0536%1h0.2101−1.064%$802K$2.2M50xas long as short
dYdX ENA-USD+0.8497%1h0.2095−1.321%$138K$12K5xas long as short