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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against Phoenix−0.012%54s7-day average · you buy dearer than you sell
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 7 days−0.096%−$10 on $10k
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: $0 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ENA0.21030.0113pay 0.0014% / 1h31m 27s$8K$274K10x
ShortAevo ENA-PERP0.21030.0104get 0.0013% / 1h31m 27s$74K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Phoenix. 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
−$1.98
Price spread: −0.012% → 0.000%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.17
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 19 min ago; Aevo: no order-book sample. 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 Phoenix live order book, 19 min ago1.89 bp16.8 bp −$1759.5 bp −$595doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0132%1h0.2102−0.038%$358K$403K5xas long as short
Orderly PERP_ENA_USDC−0.0096%4h0.2101−0.081%$44K$26K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2102−0.033%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2101−0.074%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.975%$522$57K5.5xas long as short
01 Exchange ENAUSD+0.0048%1h0.2108+0.233%$4K$27710xas long as short
Popdex ENAUSDT+0.0096%1h0.2107+0.195%$56K$465K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2101−0.078%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2109+0.276%$656K$1.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2107+0.196%$1.5M$3.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2104+0.036%$401K$513K10xas long as short
Binance ENAUSDT+0.0100%4h0.2107+0.197%$127.8M$413.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2109+0.266%$85.4M$174.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2109+0.300%$21.0M$103.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2100−0.157%$22K$332K5xas long as short
Arcus ENA-USD+0.0100%1h0.2108+0.243%$78K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2098−0.233%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2105+0.100%$11.2M$22.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2109+0.300%$45.7M$41.0M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2106+0.152%$24.9M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2108+0.228%$47.8M$57.7M75xas long as short
BingX ENA-USDC+0.0100%4h0.2107+0.204%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2095−0.395%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2099−0.174%$241K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2101−0.091%$352K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2102−0.043%$20K$651K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2110+0.323%$192K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2049−2.563%$983$852K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2101−0.090%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.21030.000%$272K$790K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2102−0.043%$1.7M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2107+0.194%$1.6M$4.2M50xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2103−0.012%$74K$4K3x
Phoenix ENAlong+0.0113%1h0.2103long leg$8K$274K10x
Kraken Futures PF_ENAUSD+0.0174%1h0.2103−0.016%$2.6M$4.3M50xas long as short
Lighter ENA+0.0200%1h0.2104+0.071%$5.2M$13.2M10xas long as short
Hyperliquid ENA+0.0262%1h0.2111+0.380%$114.7M$74.0M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0305% / S −0.0358%1h0.2102−0.059%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2102−0.048%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2109+0.272%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2103+0.014%$859K$1.7M50xas long as short
dYdX ENA-USD+0.1091%1h0.2104+0.039%$139K$15K5xas long as short