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 04:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.100%
Price spread now: Aster against Orderly−0.039%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.039% cheaper against Orderly than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 48 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ENA_USDC0.21130.0034pay 0.0017% / 4h2h 55m$41K$23K10x
ShortAster ENAUSDT0.21120.0100get 0.0050% / 4h2h 55m$1.5M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
$13.86
Price spread: −0.039% → 0.000%
−$3.94
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$4.08
Costs to cover
0.140%
Break-even
9.1 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 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 Orderly no order-book sample
Sell Aster live order book, 3 min ago4.46 bp9.5 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Orderly: 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−0.0009%1h0.2112−0.033%$365K$383K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2114+0.043%$79K$1.6M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2114+0.028%$90K150xas long as short
01 Exchange ENAUSD+0.0016%1h0.2114+0.057%$4K$30210xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.492%$522$57K5.5xas long as short
Orderly PERP_ENA_USDClong+0.0034%4h0.2113long leg$41K$23K10x
Popdex ENAUSDT+0.0096%1h0.2114+0.047%$52K$526K50xas long as short
Aster ENAUSDTshort+0.0100%4h0.2112−0.039%$1.5M$3.3M50x
Pacifica ENA+0.0100%1h0.2115+0.099%$416K$548K10xas long as short
Binance ENAUSDT+0.0100%4h0.2116+0.143%$131.5M$443.4M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2115+0.080%$86.7M$186.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2115+0.118%$21.0M$108.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2129+0.748%$17K$409K5xas long as short
Arcus ENA-USD+0.0100%1h0.2115+0.095%$105K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2127+0.679%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2116+0.142%$10.7M$20.5M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2116+0.147%$44.6M$43.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2116+0.161%$24.4M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2114+0.047%$47.9M$61.2M75xas long as short
BingX ENA-USDC+0.0100%4h0.2116+0.133%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2113−0.023%$3.8M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2126+0.616%$246K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2128+0.710%$358K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2127+0.663%$32K$688K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2115+0.104%$176K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2060−2.494%$1K$841K20xas long as short
SoDEX ENA-USD+0.0100%1h0.21130.000%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2118+0.251%$274K$1.0M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2112−0.047%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2115+0.087%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2113+0.022%$74K$4K3xas long as short
Nado ENA-PERP+0.0126%1h0.2114+0.062%$697K$1.8M10xas long as short
Phoenix ENA+0.0150%1h0.2128+0.691%$7K$351K10xas long as short
dYdX ENA-USD+0.0179%1h0.2117+0.186%$140K$15K5xas long as short
Lighter ENA+0.0232%1h0.2113+0.019%$5.6M$13.5M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0206%1h0.2114+0.029%$50K100xas long as short
Kraken Futures PF_ENAUSD+0.0252%1h0.2114+0.034%$2.6M$5.0M50xas long as short
Extended ENA-USD+0.0336%1h0.2115+0.108%$1.6M$4.1M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2119+0.284%$5.7M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2115+0.074%$1K$5K15xas long as short
Hyperliquid ENA+0.0444%1h0.2114+0.062%$113.9M$74.8M10xas long as short
Coinbase International ENA-PERP-INTX+0.0648%1h0.2128+0.715%$836K$1.7M50xas long as short