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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1359%/8h= +148.8% APRnext payment +$1.70 per $10,000 · paid last 24h +0.600%
Price spread now: dYdX against Reya+0.009%46s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds 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: +$41 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ENARUSDPERP0.21270.0412pay 0.0051% / 1h46m 48s$1K$5K15x
ShortdYdX ENA-USD0.21270.1771get 0.0221% / 1h46m 48s$140K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Reya. 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
$285.36
Price spread: +0.009% → 0.000%
$0.86
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
$270.22
Costs to cover
0.160%
Break-even
0.4 days
Slippage unknown: Reya: no order-book sample; dYdX: live order book, 32 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 Reya no order-book sample
Sell dYdX live order book, 32 min ago76.39 bp107.8 bp −$108705.2 bp −$7,0521435.1 bp −$143.5K1910.6 bp −$955.3K
Reya: 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−0.0027%4h0.2127+0.037%$41K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2128+0.055%$93K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2127+0.004%$106K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.147%$522$57K5.5xas long as short
Backpack ENA_USDC_PERP+0.0095%1h0.2128+0.088%$376K$447K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2127+0.023%$63K$522K50xas long as short
Nado ENA-PERP+0.0100%1h0.2126−0.003%$688K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2128+0.062%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2128+0.058%$412K$567K10xas long as short
Binance ENAUSDT+0.0100%4h0.2126−0.032%$131.3M$454.7M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2126−0.024%$89.1M$190.8M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2126−0.015%$20.6M$112.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2124−0.109%$15K$400K5xas long as short
Arcus ENA-USD+0.0100%1h0.2128+0.070%$84K$221K10xas long as short
Bulk ENA-USD+0.0100%1h0.2125−0.049%$90K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2127+0.032%$10.9M$21.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2127+0.041%$47.0M$45.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2129+0.093%$24.5M$16.3M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2126−0.029%$48.2M$64.7M75xas long as short
BingX ENA-USDC+0.0100%4h0.2127+0.023%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2124−0.124%$3.9M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2128+0.086%$253K$7.7M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2129+0.137%$355K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2124−0.118%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2127+0.041%$179K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2076−2.390%$1K$823K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2127+0.023%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2129+0.135%$277K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2127+0.023%$2.0M$9.2M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2126−0.021%$48K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2128+0.058%$78K$11K3xas long as short
01 Exchange ENAUSD+0.0184%1h0.2129+0.098%$4K$30210xas long as short
Phoenix ENA+0.0189%1h0.2125−0.057%$6K$347K10xas long as short
Kraken Futures PF_ENAUSD+0.0240%1h0.2128+0.070%$2.7M$5.5M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2126−0.008%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2127+0.037%$5.6M$7.0M75xas long as short
Extended ENA-USD+0.0352%1h0.2127+0.004%$1.6M$4.2M50xas long as short
Reya ENARUSDPERPlong+0.0412%1h0.2127long leg$1K$5K15x
Coinbase International ENA-PERP-INTX+0.0552%1h0.2135+0.375%$843K$2.1M50xas long as short
Lighter ENA+0.0648%1h0.2130+0.140%$5.7M$12.8M10xas long as short
Hyperliquid ENA+0.0847%1h0.2131+0.201%$114.5M$78.9M10xas long as short
dYdX ENA-USDshort+0.1771%1h0.2127+0.009%$140K$15K5x