Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1934+0.0015pay 0.0008% / 4h3h 38m$51K$234K10xLong Orderly
SHORT0.1935+0.0070get 0.0009% / 1h38m 39s$567K$395K—Short AZverse
Price gap+0.098%
Funding gap+0.0055% /8h

Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1+0.0055% /8h now · paid +0.007% over the last 20 hours (all we have)
Price+$2spread +0.098% now, avg +0.080% → +0.018% if it goes back
Costsno datano order book for Orderly and AZverse
Result, before costs+$3+0.03%no pointscosts unknown: no order book for Orderly and AZverse · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.098%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ENA on 45 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Orderly and AZverse: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + —
    Orderly 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.64Long Orderly: 6 payments, −$0.46; short AZverse: 24 payments, +$2.10.
  • Note: Gap at its usual level+0.098% vs +0.080%
    The price leg adds little either way.
  • Watch: Long leg is thinner$51K vs $567K OI
    Orderly sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legOrderly No · AZverse No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0028%/8h × 21 periods+$5.89
Price spread+0.098% → +0.080% (7d avg)+$1.81
Slippage, 4 ordersno data for Orderly and AZverse—
Fee Orderly bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$10.30
Costs to cover0.180%Break-even19.2 days
Slippage: Orderly: no order-book sample; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGOrderly—————
SELL · SHORTAZverse—————

Closing costs about the same again.
Orderly and AZverse: no data.

Alert

ENA news

posts that mention ENA, from every exchangeSearch all news →
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