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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.068%
Price spread now: BloFin against OKX+0.066%103s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.515%+$52 on $10k
Price spread, last 3 days (all we have)+0.263%+$26 · spread now +0.066%, 7d avg +0.101%
Together, before fees+0.778%+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.035% cheaper against OKX than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.101%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$7 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENA-USDT-SWAP0.21260.0100pay 0.0050% / 4h1m 35s$20.7M$110.7M50x
ShortBloFin ENA-USDT0.21270.0340get 0.0170% / 4h1m 35s$5.6M$4.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$50.4
Price spread: +0.066% → +0.101%
−$3.47
Slippage, 4 orders
−$21.21
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$3.72
Costs to cover
0.432%
Break-even
6.5 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.23 bp12.6 bp −$1322.8 bp −$228102.7 bp −$10.3Kdoesn't fit
Sell BloFin live order book, 7 min ago0.23 bp10.8 bp −$1120.1 bp −$201doesn't fitdoesn't fit

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%1h0.2129+0.146%$95K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2129+0.123%$97K150xas long as short
Orderly PERP_ENA_USDC+0.0012%4h0.2128+0.080%$41K$24K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.122%$522$57K5.5xas long as short
Backpack ENA_USDC_PERP+0.0055%1h0.2128+0.099%$379K$445K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2125−0.047%$63K$527K50xas long as short
Nado ENA-PERP+0.0100%1h0.2126+0.009%$682K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2127+0.056%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2126+0.007%$411K$559K10xas long as short
Binance ENAUSDT+0.0100%4h0.2126−0.021%$131.8M$449.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2125−0.024%$89.3M$189.0M50xas long as short
OKX ENA-USDT-SWAPlong+0.0100%4h0.2126long leg$20.7M$110.7M50x
Ondo Perps ENA-USD.P+0.0100%1h0.2127+0.024%$15K$395K5xas long as short
Arcus ENA-USD+0.0100%1h0.21260.000%$84K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2126−0.004%$90K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2125−0.056%$10.8M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.21260.000%$46.4M$45.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2127+0.038%$24.6M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2124−0.099%$48.3M$63.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2126+0.014%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2121−0.218%$3.9M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2128+0.088%$246K$7.6M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2123−0.135%$360K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2128+0.094%$34K$713K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2127+0.038%$179K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2076−2.342%$1K$828K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2127+0.047%$4K$11K10xas long as short
HTX ENA-USDT+0.0100%4h0.2140+0.635%$278K$1.4M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2127+0.047%$1.9M$9.3M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2125−0.042%$48K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2131+0.215%$78K$11K3xas long as short
Phoenix ENA+0.0189%1h0.2129+0.132%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0208%1h0.2127+0.038%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0240%1h0.2128+0.117%$2.7M$5.2M50xas long as short
Extended ENA-USD+0.0248%1h0.2124−0.076%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2127+0.063%$38K100xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2127+0.066%$5.6M$4.7M75x
Reya ENARUSDPERP+0.0412%1h0.2126−0.012%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0552%1h0.2132+0.301%$842K$1.9M50xas long as short
Lighter ENA+0.0560%1h0.2128+0.099%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0744%1h0.2130+0.169%$114.8M$78.3M10xas long as short
dYdX ENA-USD+0.1059%1h0.2128+0.087%$141K$15K5xas long as short