Funding you earn now, next payment 22:00 UTC+0.8863%/8h= +970.5% APRnext payment +$11.08 per $10,000 · paid last 24h +0.648%
Price spread now: dYdX against Pacifica+0.017%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$787as in the Price arb table
costs, in and out, $10k−$7917.909% of the position
Funding, last 7 days+0.958%+$96 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.017%, 7d avg −0.018%
=Together, before fees+0.981%+ Points / potential airdropPacifica: Active · farm board+$98 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$266 a day on $10k at the current rate, and dYdX is 0.035% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.958% in total (about 49.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ENA | 0.2093 | 0.0100 | pay 0.0013% / 1h | 44m 13s | $402K | $587K | 10x |
| Short | dYdX ENA-USD | 0.2094 | 0.8963 | get 0.1120% / 1h | 44m 13s | $138K | $12K | 5x |
Pacifica ENA
dYdX ENA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1,861.19
- Price spread: +0.017% → −0.018%
- $3.47
- Slippage, 4 orders
- −$772.89
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $1,073.77
- Costs to cover
- 7.909%
- Break-even
- 3.0 days
Slippage from Pacifica: live order book, 44 min ago; dYdX: live order book, 44 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 44 min ago | 2.11 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 44 min ago | 34.14 bp | 451.0 bp −$451 | 841.6 bp −$8,416 | 1177.0 bp −$117.7K | 1861.9 bp −$931.0K |
ENA on 42 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack ENA_USDC_PERP | −0.0408% | 1h | 0.2093 | −0.005% | $360K | $487K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0088% | 4h | 0.2093 | +0.005% | $41K | $24K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0048% | 1h | 0.2094 | +0.019% | $4K | $432 | 10x | as long as short |
| Gate ENA_USDT | −0.0046% | 4h | 0.2093 | −0.029% | $10.3M | $21.5M | 50x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2094 | +0.048% | $97K | $1.9M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2094 | +0.033% | $96K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.438% | $522 | $57K | 5.5x | as long as short |
| Phoenix ENA | +0.0076% | 1h | 0.2096 | +0.134% | $5K | $394K | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2093 | −0.014% | $59K | $542K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2093 | −0.022% | $47K | $221 | 10x | as long as short |
Backpack ENA_USDC_PERP
Orderly PERP_ENA_USDC
01 Exchange ENAUSD
Gate ENA_USDT
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Phoenix ENA
Popdex ENAUSDT
Paradex ENA-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ENA-PERP | +0.0100% | 1h | 0.2094 | +0.043% | $654K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2095 | +0.093% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENAlong | +0.0100% | 1h | 0.2093 | long leg | $402K | $587K | 10x | |
| Binance ENAUSDT | +0.0100% | 4h | 0.2094 | +0.016% | $129.2M | $470.0M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2092 | −0.043% | $87.6M | $194.1M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2094 | +0.019% | $20.1M | $114.7M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2094 | +0.019% | $19K | $444K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2094 | +0.033% | $83K | $221K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2100 | +0.320% | $89K | $2K | 10x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2095 | +0.076% | $44.9M | $48.6M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2095 | +0.076% | $24.2M | $16.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2092 | −0.057% | $47.4M | $66.8M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2094 | +0.019% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2094 | +0.036% | $3.6M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2095 | +0.063% | $250K | $8.0M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2095 | +0.083% | $356K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2095 | +0.081% | $32K | $711K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2096 | +0.148% | $182K | $3.0M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2043 | −2.384% | $780 | $807K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2093 | −0.014% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2103 | +0.459% | $273K | $1.6M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2093 | −0.014% | $1.8M | $9.3M | 50x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2093 | −0.031% | $1.6M | $4.1M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2094 | +0.029% | $77K | $11K | 3x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0104% | 1h | 0.2096 | +0.112% | $2.7M | $5.8M | 50x | as long as short |
| Lighter ENA | +0.0136% | 1h | 0.2096 | +0.110% | $5.6M | $13.1M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0211% / S −0.0159% | 1h | 0.2094 | +0.012% | $50K | — | 100x | as long as short |
| Hyperliquid ENA | +0.0253% | 1h | 0.2097 | +0.196% | $111.4M | $80.9M | 10x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2093 | −0.005% | $5.5M | $8.1M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2094 | +0.036% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0536% | 1h | 0.2101 | +0.358% | $802K | $2.2M | 50x | as long as short |
| dYdX ENA-USDshort | +0.8963% | 1h | 0.2094 | +0.017% | $138K | $12K | 5x |
Nado ENA-PERP
Aster ENAUSDT
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Extended ENA-USD
Aevo ENA-PERP
Kraken Futures PF_ENAUSD
Lighter ENA
GMX ENA/USD [ETH-USDC]
Hyperliquid ENA
BloFin ENA-USDT
Reya ENARUSDPERP
Coinbase International ENA-PERP-INTX