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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.023%
Price spread now: Pacifica against Injective−0.925%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−0.179%−$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.925% cheaper against Injective than usual: you would sell low and buy high (spread −0.925% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$92 on $10k: about 46 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.179%, 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% / 1h13m 05s$522$57K5.5x
ShortPacifica ENA0.21040.0100get 0.0013% / 1h13m 05s$401K$513K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.925% → 0.000%
−$92.49
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$86.51
Costs to cover
0.080%
Break-even
50.3 days
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 41 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 Pacifica live order book, 41 min ago1.18 bp9.6 bp −$10doesn't fitdoesn'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
Orderly PERP_ENA_USDC−0.0124%4h0.2102−0.998%$44K$26K10xas long as short
Backpack ENA_USDC_PERP−0.0072%1h0.2103−0.961%$358K$400K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2103−0.975%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2103−0.959%$82K150xas long as short
01 Exchange ENAUSD+0.0008%1h0.2104−0.904%$4K$27710xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Popdex ENAUSDT+0.0096%1h0.2103−0.961%$56K$465K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2104−0.916%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2103−0.972%$653K$1.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2103−0.957%$1.4M$3.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENAshort+0.0100%1h0.2104−0.925%$401K$513K10x
Binance ENAUSDT+0.0100%4h0.2103−0.981%$127.4M$413.0M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2102−1.003%$85.0M$174.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2102−0.994%$20.9M$103.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2104−0.914%$22K$326K5xas long as short
Arcus ENA-USD+0.0100%1h0.2105−0.867%$78K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2100−1.104%$92K−$010xas long as short
Gate ENA_USDT+0.0100%4h0.2102−1.003%$11.2M$22.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2102−0.994%$45.5M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2104−0.928%$24.8M$15.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2100−1.111%$47.7M$57.5M75xas long as short
BingX ENA-USDT+0.0100%4h0.2102−0.998%$31.8Mas long as short
Variational Omni ENA+0.0100%4h0.2106−0.830%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2106−0.829%$242K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2106−0.819%$348K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2110−0.631%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2103−0.956%$189K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2052−3.372%$1K$854K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2102−1.008%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2106−0.824%$272K$778K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2102−1.008%$1.7M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2101−1.036%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2103−0.980%$74K$4K3xas long as short
Phoenix ENA+0.0113%1h0.2104−0.904%$8K$274K10xas long as short
Hyperliquid ENA+0.0120%1h0.2104−0.928%$114.3M$74.1M10xas long as short
Lighter ENA+0.0168%1h0.2104−0.895%$5.2M$13.3M10xas long as short
Kraken Futures PF_ENAUSD+0.0174%1h0.2104−0.930%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0358%1h0.2103−0.971%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2102−0.994%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2102−1.003%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2109−0.683%$863K$1.7M50xas long as short
dYdX ENA-USD+0.1099%1h0.2104−0.923%$139K$15K5xas long as short