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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Popdex0.000%57s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.628% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now 0.000%, 7d avg +0.059%
Together, before fees−0.009%−$1 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: ApeX Omni is 0.059% cheaper against Popdex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ENAUSDT0.20960.0096pay 0.0012% / 1h0m 03s$57K$465K50x
ShortApeX Omni ENAUSDT0.20960.0100get 0.0013% / 1h0m 03s$20K$648K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Popdex. 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
$0.84
Price spread: 0.000% → +0.059%
−$5.9
Slippage, 4 orders
−$46.43
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$67.89
Costs to cover
0.628%
Break-even
572.8 days
Slippage from Popdex: live order book, 54 min ago; ApeX Omni: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 54 min ago1.42 bp9.7 bp −$1087.9 bp −$879doesn't fitdoesn't fit
Sell ApeX Omni live order book, 53 min ago11.83 bp20.8 bp −$21148.6 bp −$1,486doesn't fitdoesn't fit

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−0.0131%4h0.2096+0.005%$44K$25K10xas long as short
01 Exchange ENAUSD0.0000%1h0.2097+0.062%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2097+0.057%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.20960.000%$81K150xas long as short
Gate ENA_USDT+0.0016%4h0.2095−0.057%$10.9M$23.4M50xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.307%$522$57K5.5xas long as short
Popdex ENAUSDTlong+0.0096%1h0.2096long leg$57K$465K50x
Paradex ENA-USD-PERP+0.0100%8h0.2095−0.065%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2096−0.019%$649K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2097+0.072%$113.7M$74.1M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2096+0.009%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2095−0.064%$398K$513K10xas long as short
Binance ENAUSDT+0.0100%4h0.2096−0.014%$126.9M$411.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2096−0.005%$84.5M$173.9M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.20960.000%$20.8M$102.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2090−0.305%$22K$319K5xas long as short
Arcus ENA-USD+0.0100%1h0.20960.000%$78K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2094−0.074%$92K−$010xas long as short
MEXC ENA_USDT+0.0100%4h0.2096−0.005%$45.3M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2097+0.024%$24.7M$15.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2094−0.081%$47.6M$57.3M75xas long as short
BingX ENA-USDC+0.0100%4h0.2096−0.005%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2097+0.057%$358K$400K5xas long as short
Variational Omni ENA+0.0100%4h0.2089−0.311%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2096−0.007%$240K$6.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2098+0.097%$347K$5.0M10xas long as short
ApeX Omni ENAUSDTshort+0.0100%1h0.20960.000%$20K$648K50x
Polymarket Perps ENA-USD+0.0100%1h0.2097+0.048%$187K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2046−2.390%$1K$857K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2097+0.048%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2099+0.138%$272K$773K50xas long as short
Phemex ENAUSDT+0.0100%4h0.20960.000%$1.7M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2095−0.046%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2097+0.053%$73K$4K3xas long as short
Phoenix ENA+0.0113%1h0.2100+0.191%$8K$274K10xas long as short
Lighter ENA+0.0168%1h0.2099+0.124%$5.2M$13.3M10xas long as short
Kraken Futures PF_ENAUSD+0.0174%1h0.2098+0.090%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0305% / S −0.0358%1h0.2097+0.027%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2091−0.234%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2096−0.009%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2095−0.024%$858K$1.7M50xas long as short
dYdX ENA-USD+0.1198%1h0.2096−0.023%$138K$15K5xas long as short