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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.092%
Price spread now: Reya against Ondo Perps−0.161%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.161% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 41 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ENA-USD.P0.20910.0100pay 0.0013% / 1h29m 46s$15K$405K5x
ShortReya ENARUSDPERP0.20880.0412get 0.0051% / 1h29m 46s$1K$5K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Ondo Perps. 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
$65.51
Price spread: −0.161% → 0.000%
−$16.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$38.41
Costs to cover
0.110%
Break-even
2.9 days
Slippage unknown: Ondo Perps: no order-book sample; Reya: 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 Ondo Perps no order-book sample
Sell Reya no order-book sample
Ondo Perps and Reya: 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−0.0089%1h0.2089−0.072%$360K$461K5xas long as short
Orderly PERP_ENA_USDC−0.0062%4h0.2088−0.158%$40K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2088−0.129%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2089−0.107%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.554%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0066%1h0.2090−0.033%$2.6M$5.6M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2088−0.139%$61K$537K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2088−0.157%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2089−0.096%$657K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2090−0.043%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2090−0.055%$404K$581K10xas long as short
Binance ENAUSDT+0.0100%4h0.2091−0.017%$128.8M$457.5M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2091−0.014%$86.9M$191.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2092+0.029%$20.1M$111.9M50xas long as short
Ondo Perps ENA-USD.Plong+0.0100%1h0.2091long leg$15K$405K5x
Arcus ENA-USD+0.0100%1h0.2090−0.043%$82K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2088−0.115%$88K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2089−0.067%$10.4M$21.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2090−0.024%$45.1M$46.8M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2089−0.086%$23.8M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2090−0.038%$47.3M$65.2M75xas long as short
BingX ENA-USDC+0.0100%4h0.2091−0.019%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2090−0.058%$3.8M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2095+0.199%$249K$7.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2093+0.093%$353K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2095+0.196%$32K$712K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2089−0.100%$183K$2.7M10xas long as short
SunX ENA-USDT+0.0100%4h0.2038−2.520%$1K$815K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2088−0.139%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2095+0.201%$272K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2088−0.139%$1.9M$9.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2089−0.115%$77K$11K3xas long as short
01 Exchange ENAUSD+0.0112%1h0.2090−0.053%$4K$43210xas long as short
Phoenix ENA+0.0115%1h0.2096+0.253%$5K$356K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0232% / S −0.0392%1h0.2088−0.120%$38K100xas long as short
Extended ENA-USD+0.0288%1h0.2088−0.127%$1.6M$4.2M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2089−0.072%$5.5M$8.0M75xas long as short
Reya ENARUSDPERPshort+0.0412%1h0.2088−0.161%$1K$5K15x
Lighter ENA+0.0512%1h0.2091+0.010%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0575%1h0.2094+0.167%$110.6M$79.6M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2092+0.053%$804K$2.1M50xas long as short
dYdX ENA-USD+0.1918%1h0.2089−0.098%$138K$15K5xas long as short