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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0161%/8h= +17.6% APRnext payment +$0.80 per $10,000 · paid last 24h +0.046%
Price spread now: HTX against Orderly+0.010%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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ENA_USDC0.2100−0.0061get 0.0030% / 4h43m 55s$44K$25K10x
ShortHTX ENA-USDT0.21000.0100get 0.0050% / 4h43m 55s$272K$795K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$33.75
Price spread: +0.010% → 0.000%
$0.95
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$16.7
Costs to cover
0.180%
Break-even
3.5 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 40 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 HTX live order book, 40 min ago11.52 bp23.1 bp −$23doesn't fitdoesn'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−0.0318%1h0.2101+0.038%$367K$388K5xas long as short
01 Exchange ENAUSD−0.0104%1h0.2100−0.005%$4K$30210xas long as short
Orderly PERP_ENA_USDClong−0.0061%4h0.2100long leg$44K$25K10x
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2100−0.019%$78K$1.2M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2101+0.026%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.105%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2097−0.176%$8K$266K10xas long as short
Lighter ENA+0.0096%1h0.2102+0.076%$5.2M$13.4M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2100−0.010%$55K$500K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2097−0.140%$47K$11010xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2101+0.020%$661K$1.6M10xas long as short
Hyperliquid ENA+0.0100%1h0.2101+0.019%$111.8M$73.0M10xas long as short
Aster ENAUSDT+0.0100%4h0.2101+0.052%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2099−0.043%$409K$500K10xas long as short
Binance ENAUSDT+0.0100%4h0.2098−0.110%$128.1M$415.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2097−0.152%$85.1M$175.9M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2098−0.095%$20.8M$102.2M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2093−0.348%$20K$311K5xas long as short
Arcus ENA-USD+0.0100%1h0.2093−0.343%$77K$275K10xas long as short
Bulk ENA-USD+0.0100%1h0.2098−0.115%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2098−0.090%$11.0M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2099−0.076%$45.6M$41.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2100−0.014%$24.5M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2098−0.100%$47.8M$57.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2097−0.138%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2097−0.133%$3.1M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2093−0.326%$241K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2088−0.581%$346K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2094−0.295%$20K$649K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2101+0.038%$178K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2051−2.352%$958$844K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2100−0.010%$4K$7K10xas long as short
HTX ENA-USDTshort+0.0100%4h0.2100+0.010%$272K$795K50x
Phemex ENAUSDT+0.0100%4h0.2101+0.038%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2098−0.115%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2100−0.027%$73K$4K3xas long as short
dYdX ENA-USD+0.0144%1h0.2098−0.126%$139K$15K5xas long as short
Kraken Futures PF_ENAUSD+0.0244%1h0.2101+0.042%$2.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0253% / S −0.0213%1h0.2101+0.044%$51K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2095−0.243%$5.6M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2101+0.034%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2090−0.481%$851K$1.5M50xas long as short