Funding you earn now, next payment 00:00 UTC−0.0167%/8h= −18.2% APRnext payment −$0.83 per $10,000 · paid last 24h −0.043%
Price spread now: Orderly against Variational Omni+0.152%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Orderly is 0.152% dearer against Variational Omni than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.0 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ENA | 0.2096 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $3.8M | $10.4M | — |
| Short | Orderly PERP_ENA_USDC | 0.2099 | −0.0067 | pay 0.0033% / 4h | 1h 39m | $41K | $24K | 10x |
Variational Omni ENA
Orderly PERP_ENA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$34.97
- Price spread: +0.152% → 0.000%
- $15.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.75
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 4 min ago | 4.77 bp | doesn't fit | 14.3 bp −$143 | 52.5 bp −$5,246 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDCshort | −0.0067% | 4h | 0.2099 | +0.152% | $41K | $24K | 10x | |
| Backpack ENA_USDC_PERP | −0.0050% | 1h | 0.2101 | +0.233% | $362K | $481K | 5x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2100 | +0.190% | $93K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2100 | +0.172% | $96K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.297% | $522 | $57K | 5.5x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0066% | 1h | 0.2100 | +0.169% | $2.6M | $5.6M | 50x | as long as short |
| 01 Exchange ENAUSD | +0.0096% | 1h | 0.2101 | +0.224% | $4K | $432 | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2099 | +0.133% | $59K | $537K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2097 | +0.042% | $47K | $221 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2097 | +0.023% | $659K | $1.8M | 10x | as long as short |
Backpack ENA_USDC_PERP
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Kraken Futures PF_ENAUSD
01 Exchange ENAUSD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ENAUSDT | +0.0100% | 4h | 0.2100 | +0.185% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2098 | +0.096% | $406K | $581K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2098 | +0.098% | $129.3M | $460.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2097 | +0.047% | $87.2M | $191.9M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2099 | +0.119% | $20.3M | $112.5M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2098 | +0.090% | $21K | $415K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2099 | +0.133% | $82K | $222K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2098 | +0.078% | $88K | $1K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2098 | +0.090% | $10.5M | $21.2M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2098 | +0.095% | $45.0M | $46.7M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2099 | +0.138% | $24.0M | $16.5M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2097 | +0.014% | $47.5M | $65.2M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2098 | +0.100% | — | $6.5M | — | as long as short |
| Variational Omni ENAlong | +0.0100% | 4h | 0.2096 | long leg | $3.8M | $10.4M | — | |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2098 | +0.079% | $249K | $7.8M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2095 | −0.052% | $354K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2096 | −0.010% | $32K | $711K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2098 | +0.105% | $188K | $2.8M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2047 | −2.362% | $958 | $814K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2100 | +0.181% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2103 | +0.314% | $274K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2100 | +0.181% | $1.9M | $9.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2095 | −0.056% | $77K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2099 | +0.133% | $5K | $356K | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0226% / S −0.0377% | 1h | 0.2100 | +0.184% | $38K | — | 100x | as long as short |
| Extended ENA-USD | +0.0288% | 1h | 0.2097 | +0.059% | $1.6M | $4.2M | 50x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2097 | +0.043% | $5.5M | $8.1M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2098 | +0.066% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0528% | 1h | 0.2101 | +0.219% | $5.6M | $12.9M | 10x | as long as short |
| Hyperliquid ENA | +0.0565% | 1h | 0.2102 | +0.257% | $111.0M | $79.5M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2102 | +0.262% | $803K | $2.1M | 50x | as long as short |
| dYdX ENA-USD | +0.1895% | 1h | 0.2099 | +0.150% | $139K | $15K | 5x | as long as short |
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Aevo ENA-PERP
Phoenix ENA
GMX ENA/USD [ETH-USDC]
Extended ENA-USD
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Hyperliquid ENA
Coinbase International ENA-PERP-INTX
dYdX ENA-USD