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+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Variational Omni−0.008%86s7-day average +0.093% · you buy dearer than you sell
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)+0.198%+$20 on $10k
Price spread, last 3 days (all we have)+0.980%+$98 · spread now −0.008%, 7d avg +0.093%
Together, before fees+1.178%+ Points / potential airdropVariational Omni: Active · farm board+$118 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.101% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.093%). If the spread goes back, that is −$10 on $10k: about 34 hours of funding at the current rate (+$7 a day). The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ENA0.20950.0100pay 0.0050% / 4h2h 45m$3.6M$10.2M
ShortBloFin ENA-USDT0.20950.0340get 0.0170% / 4h2h 45m$5.5M$8.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$50.4
Price spread: −0.008% → +0.093%
−$10.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.34
Costs to cover
0.120%
Break-even
3.1 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BloFin: live order book, 3 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 Variational Omni RFQ quote, 3 min ago4.77 bpdoesn't fit19.1 bp −$19152.4 bp −$5,243doesn't fit
Sell BloFin live order book, 3 min ago0.95 bp11.9 bp −$1218.7 bp −$18762.9 bp −$6,286doesn'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
Backpack ENA_USDC_PERP−0.0405%1h0.2094−0.041%$360K$487K5xas long as short
Orderly PERP_ENA_USDC−0.0092%4h0.2094−0.032%$41K$24K10xas long as short
01 Exchange ENAUSD−0.0064%1h0.2095+0.016%$4K$43210xas long as short
Gate ENA_USDT−0.0036%4h0.2092−0.127%$10.3M$21.5M50xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2095+0.026%$97K$1.9M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2096+0.053%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.367%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2096+0.064%$5K$394K10xas long as short
ApeX Omni ENAUSDT+0.0086%1h0.2097+0.107%$32K$711K50xas long as short
Popdex ENAUSDT+0.0096%1h0.2094−0.036%$59K$542K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h0.2093−0.098%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2094−0.034%$654K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2094−0.050%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2093−0.067%$402K$587K10xas long as short
Binance ENAUSDT+0.0100%4h0.2093−0.063%$129.2M$470.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2092−0.146%$87.6M$194.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2092−0.108%$20.1M$114.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2096+0.054%$19K$444K5xas long as short
Arcus ENA-USD+0.0100%1h0.2094−0.036%$83K$221K10xas long as short
Bulk ENA-USD+0.0100%1h0.2100+0.250%$89K$2K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2093−0.094%$45.0M$48.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2093−0.065%$24.2M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2091−0.175%$47.4M$66.8M75xas long as short
BingX ENA-USDC+0.0100%4h0.2093−0.098%$6.5Mas long as short
Variational Omni ENAlong+0.0100%4h0.2095long leg$3.6M$10.2M
edgeX ENAUSDC+0.0100%4h0.2097+0.109%$251K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2097+0.106%$357K$4.6M10xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2097+0.088%$182K$3.0M10xas long as short
SunX ENA-USDT+0.0100%4h0.2045−2.395%$684$808K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2093−0.084%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2099+0.217%$272K$1.6M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2092−0.132%$1.8M$9.3M50xas long as short
Extended ENA-USD+0.0104%1h0.2092−0.139%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2095−0.004%$77K$11K3xas long as short
Kraken Futures PF_ENAUSD+0.0104%1h0.2095+0.013%$2.7M$5.8M50xas long as short
Lighter ENA+0.0112%1h0.2096+0.040%$5.6M$13.1M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0211% / S −0.0159%1h0.2095+0.029%$50K100xas long as short
Hyperliquid ENA+0.0239%1h0.2096+0.040%$111.3M$80.8M10xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2095−0.008%$5.5M$8.1M75x
Reya ENARUSDPERP+0.0412%1h0.2095−0.010%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0536%1h0.2101+0.288%$802K$2.2M50xas long as short
dYdX ENA-USD+0.8714%1h0.2095+0.028%$138K$12K5xas long as short