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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0223%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.048%
Price spread now: Gate against Orderly+0.019%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ENA_USDC0.2102−0.0124get 0.0062% / 4h3h 13m$44K$26K10x
ShortGate ENA_USDT0.21030.0100get 0.0050% / 4h3h 13m$11.2M$22.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$46.94
Price spread: +0.019% → 0.000%
$1.9
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$27.84
Costs to cover
0.210%
Break-even
2.8 days
Slippage unknown: Orderly: no order-book sample; Gate: 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 Gate live order book, 6 min ago4.99 bp18.1 bp −$1837.7 bp −$37762.2 bp −$6,21798.6 bp −$49.3K
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
Orderly PERP_ENA_USDClong−0.0124%4h0.2102long leg$44K$26K10x
Backpack ENA_USDC_PERP−0.0074%1h0.2104+0.071%$359K$400K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2103+0.024%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2103+0.039%$82K150xas long as short
01 Exchange ENAUSD+0.0008%1h0.2104+0.095%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.008%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2103+0.038%$56K$465K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2104+0.084%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2103+0.026%$653K$1.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2104+0.079%$1.5M$3.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2104+0.074%$401K$513K10xas long as short
Binance ENAUSDT+0.0100%4h0.2103+0.034%$127.4M$413.0M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2102+0.005%$85.0M$174.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2103+0.033%$20.9M$103.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2104+0.086%$22K$326K5xas long as short
Arcus ENA-USD+0.0100%1h0.2105+0.133%$78K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2100−0.107%$92K−$010xas long as short
Gate ENA_USDTshort+0.0100%4h0.2103+0.019%$11.2M$22.4M50x
MEXC ENA_USDT+0.0100%4h0.2103+0.024%$45.5M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2104+0.081%$24.8M$15.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2101−0.067%$47.7M$57.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2103+0.043%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2106+0.170%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2106+0.171%$242K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2106+0.181%$348K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2110+0.371%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2103+0.043%$189K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2052−2.397%$1K$854K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2102−0.010%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2106+0.176%$272K$778K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2102−0.010%$1.7M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2101−0.038%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2103+0.019%$74K$4K3xas long as short
Phoenix ENA+0.0113%1h0.2104+0.095%$8K$274K10xas long as short
Hyperliquid ENA+0.0122%1h0.2105+0.119%$114.4M$74.1M10xas long as short
Lighter ENA+0.0168%1h0.2105+0.152%$5.2M$13.3M10xas long as short
Kraken Futures PF_ENAUSD+0.0174%1h0.2104+0.070%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0358%1h0.2103+0.028%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2102+0.005%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2102−0.005%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2109+0.319%$863K$1.7M50xas long as short
dYdX ENA-USD+0.1099%1h0.2104+0.077%$139K$15K5xas long as short