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+0.0194%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h +0.043%
Price spread now: BingX against Orderly+0.024%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.024% dearer against Orderly than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ENA_USDC0.2094−0.0094get 0.0047% / 4h2h 47m$41K$24K10x
ShortBingX ENA-USDT0.20950.0100get 0.0050% / 4h2h 47m$32.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$40.76
Price spread: +0.024% → 0.000%
$2.39
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
$27.14
Costs to cover
0.160%
Break-even
2.3 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 6 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 BingX live order book, 6 min ago1.19 bp6.2 bp −$69.5 bp −$9517.1 bp −$1,71138.3 bp −$19.1K
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−0.0418%1h0.2095+0.057%$361K$487K5xas long as short
Orderly PERP_ENA_USDClong−0.0094%4h0.2094long leg$41K$24K10x
01 Exchange ENAUSD−0.0072%1h0.2095+0.053%$4K$43210xas long as short
Gate ENA_USDT−0.0034%4h0.2094+0.005%$10.4M$21.5M50xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2095+0.057%$97K$1.9M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2095+0.043%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.399%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2103+0.420%$5K$394K10xas long as short
ApeX Omni ENAUSDT+0.0086%1h0.2097+0.138%$32K$711K50xas long as short
Lighter ENA+0.0096%1h0.2097+0.148%$5.7M$13.1M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ENAUSDT+0.0096%1h0.2094−0.005%$59K$545K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2094+0.009%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2094−0.019%$654K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2096+0.091%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2095+0.062%$402K$587K10xas long as short
Binance ENAUSDT+0.0100%4h0.2094+0.019%$129.3M$471.4M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2094−0.010%$87.7M$194.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2095+0.053%$20.1M$115.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2096+0.086%$19K$444K5xas long as short
Arcus ENA-USD+0.0100%1h0.2095+0.043%$83K$221K10xas long as short
Bulk ENA-USD+0.0100%1h0.2100+0.282%$89K$2K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2095+0.038%$45.0M$48.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2096+0.072%$24.2M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2093−0.053%$47.4M$66.9M75xas long as short
BingX ENA-USDTshort+0.0100%4h0.2095+0.024%$32.0M
Variational Omni ENA+0.0100%4h0.2095+0.032%$3.6M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2102+0.362%$252K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2097+0.119%$356K$4.6M10xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2097+0.124%$182K$3.0M10xas long as short
SunX ENA-USDT+0.0100%4h0.2045−2.349%$838$808K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2094−0.005%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2099+0.248%$272K$1.6M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2095+0.043%$1.8M$9.3M50xas long as short
Extended ENA-USD+0.0104%1h0.2093−0.038%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2095+0.043%$77K$11K3xas long as short
Kraken Futures PF_ENAUSD+0.0104%1h0.2097+0.135%$2.7M$5.8M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0211% / S −0.0159%1h0.2095+0.044%$50K100xas long as short
Hyperliquid ENA+0.0218%1h0.2098+0.186%$111.5M$80.8M10xas long as short
BloFin ENA-USDT+0.0340%4h0.2097+0.119%$5.6M$8.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2094+0.007%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0536%1h0.2101+0.320%$802K$2.2M50xas long as short
dYdX ENA-USD+0.7979%1h0.2097+0.142%$139K$12K5xas long as short