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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Polymarket Perps−0.124%50s7-day average −0.026% · 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+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.124%, 7d avg −0.026%
Together, before fees+0.101%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.098% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ENA-USD0.21000.0100pay 0.0013% / 1h37m 36s$188K$2.8M10x
ShortOndo Perps ENA-USD.P0.20980.0100get 0.0013% / 1h37m 36s$21K$422K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. 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
$0
Price spread: −0.124% → −0.026%
−$9.77
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.77
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 1 min ago; Ondo Perps: 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 Polymarket Perps live order book, 1 min ago2.86 bp7.8 bp −$811.3 bp −$11316525.3 bp −$1.65Mdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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_USDC−0.0065%4h0.2098−0.090%$41K$24K10xas long as short
Backpack ENA_USDC_PERP−0.0048%1h0.2097−0.138%$362K$481K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2099−0.038%$93K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2100−0.028%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.105%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0066%1h0.2097−0.165%$2.6M$5.6M50xas long as short
01 Exchange ENAUSD+0.0096%1h0.2098−0.090%$4K$43210xas long as short
Popdex ENAUSDT+0.0096%1h0.2097−0.152%$59K$537K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2095−0.254%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2097−0.140%$659K$1.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2098−0.122%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2096−0.207%$405K$581K10xas long as short
Binance ENAUSDT+0.0100%4h0.2095−0.224%$129.1M$460.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2095−0.262%$87.1M$191.7M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2096−0.214%$20.3M$112.3M50xas long as short
Ondo Perps ENA-USD.Pshort+0.0100%1h0.2098−0.124%$21K$422K5x
Arcus ENA-USD+0.0100%1h0.2097−0.152%$82K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2098−0.112%$88K$1K10xas long as short
Gate ENA_USDT+0.0100%4h0.2095−0.229%$10.4M$21.2M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2096−0.205%$44.9M$46.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2097−0.162%$23.9M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2094−0.295%$47.5M$65.2M75xas long as short
BingX ENA-USDT+0.0100%4h0.2096−0.205%$32.9Mas long as short
Variational Omni ENA+0.0100%4h0.2096−0.190%$3.8M$10.4Mas long as short
edgeX ENAUSDC+0.0100%4h0.2098−0.124%$249K$7.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2098−0.124%$354K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2098−0.105%$32K$711K50xas long as short
Polymarket Perps ENA-USDlong+0.0100%1h0.2100long leg$188K$2.8M10x
SunX ENA-USDT+0.0100%4h0.2047−2.552%$1K$815K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2097−0.152%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2099−0.038%$274K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2096−0.200%$1.9M$9.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2097−0.176%$77K$11K3xas long as short
Phoenix ENA+0.0115%1h0.2099−0.057%$5K$356K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0227% / S −0.0380%1h0.2099−0.040%$38K100xas long as short
Extended ENA-USD+0.0288%1h0.2095−0.250%$1.6M$4.2M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2101+0.057%$5.5M$8.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2099−0.052%$1K$5K15xas long as short
Lighter ENA+0.0504%1h0.2098−0.090%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0558%1h0.2099−0.044%$110.8M$79.5M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2099−0.071%$802K$2.1M50xas long as short
dYdX ENA-USD+0.1920%1h0.2097−0.167%$139K$15K5xas long as short