Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2047 | +0.0195 | pay 0.0024% / 1h | 10m 51s | $166K | $191K | 10x | Long RISExInvite | |
| SHORT | 0.2043 | +0.0100 | get 0.0050% / 4h | 3h 10m | $4.0M | $4.1M | 50x | Short Variational Omni+15% pts |
Price gap−0.206%
Funding gap−0.0095% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.160% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11−0.0095% /8h now · paid +0.111% over the last 7D
Price−$16spread −0.206% now, avg −0.046% → −0.160% if it goes back
Costs−$290.291% of $10k · taker + slippage, in and out
Result−$34−0.34%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.206%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 45 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books4.7 / 9.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200RISEx 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.86Long RISEx: 24 payments, −$5.86; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.206% vs −0.046%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$166K vs $4.0M OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legRISEx No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0053%/8h × 21 periods+$11.06
Price spread−0.206% → −0.046% (7d avg)−$16.00
Slippage, 4 orderslive order books−$23.07
Fee RISEx bp × 2 orders−$6.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$34.02
Costs to cover0.291%Break-even28.5 days
Slippage: RISEx: live order book, 56 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx1.744.7 bp−$522.4 bp−$224doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni7.359.8 bp−$1012.2 bp−$122doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 09:05 | Reya | Listing | new market ENARUSDPERP ($ENA) seen by our collector |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-20 09:08 | Bullet | Listing | By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 10-20 08:16 | Bullet | Listing | new market ENA-USD ($ENA) seen by our collector |
| 10-16 07:56 | Pacifica | Listing | $ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗ |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |


OKX
Bullet
Pacifica