Funding arb · Price arb /

ENA

all ENA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX+2.894%7-day average +2.521% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.453%−$45 · spread now +2.894%, 7d avg +2.521%

Together, before fees−0.453%−$45 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: HTX is 0.373% dearer against SunX than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +2.521%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ENA-USDT	0.2063	0.0100	pay 0.0050% / 4h	3h 55m	$1K	$851K	20x
Short	HTX ENA-USDT	0.2122	0.0100	get 0.0050% / 4h	3h 55m	$274K	$793K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee HTXbpOrdersPrice spread, now +2.894%Rate

Funding earned: $0
Price spread: +2.894% → +2.521%: $37.35
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: $17.35
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: SunX: live order book, 27 min ago; HTX: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 27 min ago	260.28 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 24 min ago	25.21 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack ENA_USDC_PERP	−0.0308%	1h	0.2117	+2.637%	$362K	$401K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0084%	4h	0.2112	+2.409%	$44K	$25K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2114	+2.482%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2113	+2.434%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+2.938%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0040%	1h	0.2109	+2.233%	$139K	$15K	5x	as long as short
01 Exchange ENAUSD	+0.0072%	1h	0.2110	+2.303%	$4K	$302	10x	as long as short
Phoenix ENA	+0.0076%	1h	0.2109	+2.249%	$8K	$274K	10x	as long as short
Gate ENA_USDT	+0.0090%	4h	0.2116	+2.589%	$11.1M	$22.0M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2110	+2.288%	$56K	$464K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ENA-USD-PERP	+0.0100%	8h	0.2107	+2.127%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2111	+2.315%	$657K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2114	+2.466%	$1.5M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2110	+2.294%	$403K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2116	+2.576%	$128.7M	$415.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2114	+2.501%	$85.3M	$175.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2116	+2.560%	$21.0M	$103.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2115	+2.516%	$20K	$319K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2110	+2.288%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2107	+2.118%	$92K	$4K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2117	+2.627%	$46.2M	$40.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2116	+2.589%	$25.0M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2114	+2.468%	$47.9M	$57.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2116	+2.598%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2108	+2.181%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2111	+2.347%	$244K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2111	+2.324%	$352K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2110	+2.288%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2113	+2.424%	$178K	$2.3M	10x	as long as short
SunX ENA-USDTlong	+0.0100%	4h	0.2063	long leg	$1K	$851K	20x
SoDEX ENA-USD	+0.0100%	1h	0.2115	+2.531%	$4K	$7K	10x	as long as short
HTX ENA-USDTshort	+0.0100%	4h	0.2122	+2.894%	$274K	$793K	50x
Phemex ENAUSDT	+0.0100%	4h	0.2116	+2.579%	$1.8M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2114	+2.482%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2114	+2.467%	$74K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0173%	1h	0.2116	+2.571%	$2.6M	$4.3M	50x	as long as short
Lighter ENA	+0.0216%	1h	0.2117	+2.618%	$5.2M	$13.2M	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2113	+2.418%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2113	+2.453%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	+2.337%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0437%	1h	0.2120	+2.758%	$115.5M	$74.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2120	+2.754%	$866K	$1.7M	50x	as long as short