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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.092%
Price spread now: Reya against SoDEX+0.134%7-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
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Reya is 0.134% dearer against SoDEX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ENA-USD0.21190.0100pay 0.0013% / 1h25m 50s$4K$14K10x
ShortReya ENARUSDPERP0.21220.0412get 0.0051% / 1h25m 50s$1K$5K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. 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
$65.5
Price spread: +0.134% → 0.000%
$13.41
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$64.91
Costs to cover
0.140%
Break-even
0.1 days
Slippage unknown: SoDEX: no order-book sample; Reya: 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 SoDEX no order-book sample
Sell Reya no order-book sample
SoDEX and 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−0.0011%4h0.2119+0.005%$41K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2121+0.085%$92K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0004%1h0.2122+0.151%$106K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.208%$522$57K5.5xas long as short
Backpack ENA_USDC_PERP+0.0044%1h0.2119+0.024%$374K$447K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2122+0.142%$61K$521K50xas long as short
Nado ENA-PERP+0.0100%1h0.2124+0.227%$681K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2120+0.052%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2119+0.008%$409K$562K10xas long as short
Binance ENAUSDT+0.0100%4h0.2119−0.024%$130.9M$452.8M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2118−0.057%$88.9M$189.8M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2119−0.005%$20.5M$111.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2123+0.170%$15K$405K5xas long as short
Arcus ENA-USD+0.0100%1h0.2124+0.236%$84K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.118%$89K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2119−0.005%$10.8M$21.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.21190.000%$46.5M$45.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2119+0.024%$24.5M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2118−0.033%$48.0M$64.0M75xas long as short
BingX ENA-USDC+0.0100%4h0.2119+0.014%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2123+0.203%$3.9M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2116−0.140%$252K$7.6M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2120+0.046%$361K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2118−0.047%$32K$709K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2122+0.165%$179K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2071−2.246%$1K$825K20xas long as short
SoDEX ENA-USDlong+0.0100%1h0.2119long leg$4K$14K10x
HTX ENA-USDT+0.0100%4h0.2124+0.212%$277K$1.4M50xas long as short
Phemex ENAUSDT+0.0100%4h0.21190.000%$2.0M$9.2M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2123+0.194%$48K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2122+0.130%$78K$11K3xas long as short
Phoenix ENA+0.0189%1h0.2118−0.047%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0192%1h0.2124+0.236%$4K$30210xas long as short
Extended ENA-USD+0.0208%1h0.2118−0.046%$1.6M$4.2M50xas long as short
Kraken Futures PF_ENAUSD+0.0241%1h0.2121+0.099%$2.7M$5.4M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2121+0.114%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2127+0.392%$5.6M$6.0M75xas long as short
Reya ENARUSDPERPshort+0.0412%1h0.2122+0.134%$1K$5K15x
Lighter ENA+0.0512%1h0.2122+0.123%$5.6M$12.9M10xas long as short
Coinbase International ENA-PERP-INTX+0.0552%1h0.2131+0.547%$841K$2.1M50xas long as short
Hyperliquid ENA+0.0770%1h0.2124+0.212%$114.3M$78.9M10xas long as short
dYdX ENA-USD+0.1724%1h0.2120+0.055%$140K$15K5xas long as short