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

ENA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Nado+0.039%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.039% dearer against Nado than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ENA-PERP0.21120.0100pay 0.0012% / 1h53m 46s$656K$1.7M10x
ShortgTrade (Gains Network) ENA/USD0.2113L +0.0004% / S −0.0004%get 0.0000% / 1h53m 46s$82K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Nado. 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
−$20.25
Price spread: +0.039% → 0.000%
$3.88
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$33.37
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 5 min ago; gTrade (Gains Network): 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 Nado live order book, 5 min ago0.95 bp6.8 bp −$717.6 bp −$176doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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−0.0251%1h0.2111−0.073%$361K$401K5xas long as short
Phemex ENAUSDT−0.0214%4h0.2111−0.059%$1.8M$8.9M50xas long as short
Orderly PERP_ENA_USDC−0.0084%4h0.2111−0.059%$44K$26K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2111−0.059%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0004% / S −0.0004%1h0.2113+0.039%$82K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.528%$522$57K5.5xas long as short
Gate ENA_USDT+0.0042%4h0.2113+0.021%$11.1M$22.0M50xas long as short
dYdX ENA-USD+0.0063%1h0.2113+0.058%$140K$15K5xas long as short
01 Exchange ENAUSD+0.0072%1h0.2117+0.206%$4K$30210xas long as short
Phoenix ENA+0.0076%1h0.2109−0.144%$8K$274K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ENAUSDT+0.0096%1h0.2114+0.083%$56K$464K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2116+0.182%$47K$11010xas long as short
Nado ENA-PERPlong+0.0100%1h0.2112long leg$656K$1.7M10x
Aster ENAUSDT+0.0100%4h0.2113+0.045%$1.5M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2116+0.165%$404K$511K10xas long as short
Binance ENAUSDT+0.0100%4h0.2114+0.079%$128.6M$415.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2114+0.102%$85.4M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2114+0.102%$21.0M$103.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2111−0.054%$20K$319K5xas long as short
Arcus ENA-USD+0.0100%1h0.2118+0.272%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2115+0.147%$93K$4K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2113+0.036%$46.1M$40.8M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2114+0.073%$25.0M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2112−0.007%$47.9M$57.7M75xas long as short
BingX ENA-USDC+0.0100%4h0.2113+0.031%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2108−0.212%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2111−0.049%$244K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2111−0.072%$352K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2110−0.107%$20K$649K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2115+0.144%$178K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2062−2.384%$1K$852K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2110−0.107%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2119+0.324%$274K$793K50xas long as short
Extended ENA-USD+0.0104%1h0.2112−0.028%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2111−0.055%$74K$4K3xas long as short
Lighter ENA+0.0112%1h0.2116+0.168%$5.2M$13.2M10xas long as short
Kraken Futures PF_ENAUSD+0.0173%1h0.2112−0.022%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0358%1h0.2113+0.031%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2113+0.054%$5.6M$3.0M75xas long as short
Hyperliquid ENA+0.0377%1h0.2117+0.201%$115.4M$74.0M10xas long as short
Reya ENARUSDPERP+0.0412%1h0.2112−0.016%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2120+0.362%$866K$1.7M50xas long as short