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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.023%
Price spread now: ApeX Omni against Injective−0.348%7-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−0.163%−$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. ApeX Omni is 0.348% cheaper against Injective than usual: you would sell low and buy high (spread −0.348% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 17 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ENA/USDC PERP0.21230.0033pay 0.0004% / 1h40m 51s$522$57K5.5x
ShortApeX Omni ENAUSDT0.21160.0100get 0.0013% / 1h40m 51s$32K$648K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
Price spread: −0.348% → 0.000%
−$34.85
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$30.87
Costs to cover
0.100%
Break-even
22.4 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 22 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 Injective no order-book sample
Sell ApeX Omni live order book, 22 min ago9.40 bp18.6 bp −$19147.5 bp −$1,475doesn't fitdoesn't fit
Injective: 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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2111−0.589%$79K$1.3M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2113−0.469%$82K150xas long as short
Orderly PERP_ENA_USDC+0.0007%4h0.2111−0.603%$44K$27K10xas long as short
01 Exchange ENAUSD+0.0024%1h0.2113−0.509%$4K$30210xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Popdex ENAUSDT+0.0096%1h0.2112−0.537%$55K$499K50xas long as short
Nado ENA-PERP+0.0100%1h0.2112−0.530%$682K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2113−0.490%$113.6M$71.4M10xas long as short
Aster ENAUSDT+0.0100%4h0.2113−0.501%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2113−0.468%$413K$516K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2111−0.603%$129.6M$424.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2110−0.612%$86.6M$176.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2110−0.626%$20.8M$102.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2112−0.518%$19K$376K5xas long as short
Arcus ENA-USD+0.0100%1h0.2114−0.443%$78K$288K10xas long as short
Bulk ENA-USD+0.0100%1h0.2113−0.490%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2111−0.579%$11.0M$21.2M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2111−0.593%$45.5M$41.8M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2112−0.523%$24.6M$15.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2109−0.664%$48.1M$58.1M75xas long as short
BingX ENA-USDC+0.0100%4h0.2111−0.589%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2112−0.537%$374K$363K5xas long as short
Variational Omni ENA+0.0100%4h0.2112−0.540%$3.4M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2113−0.507%$243K$7.3M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2115−0.399%$362K$4.8M10xas long as short
ApeX Omni ENAUSDTshort+0.0100%1h0.2116−0.348%$32K$648K50x
Polymarket Perps ENA-USD+0.0100%1h0.2114−0.438%$184K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2063−2.835%$1K$842K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2111−0.584%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2117−0.301%$277K$781K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2112−0.537%$1.9M$8.9M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2113−0.471%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2111−0.593%$74K$4K3xas long as short
dYdX ENA-USD+0.0107%1h0.2115−0.405%$140K$15K5xas long as short
Extended ENA-USD+0.0120%1h0.2110−0.633%$1.6M$4.1M50xas long as short
Phoenix ENA+0.0150%1h0.2118−0.264%$8K$298K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0206%1h0.2113−0.490%$50K100xas long as short
Kraken Futures PF_ENAUSD+0.0285%1h0.2113−0.494%$2.6M$4.3M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2110−0.612%$5.6M$3.1M75xas long as short
Lighter ENA+0.0384%1h0.2114−0.466%$5.5M$13.6M10xas long as short
Reya ENARUSDPERP+0.0412%1h0.2113−0.474%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0664%1h0.2117−0.287%$833K$1.5M50xas long as short