Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2011 | +0.0100 | pay 0.0050% / 4h | 1m 11s | $3.9M | $4.0M | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.2021 | +0.0164 | get 0.0021% / 1h | 1m 11s | $191K | $180K | 10x | Short RISExInvite |
Price gap+0.457%
Funding gap+0.0064% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.413% above its 7d average: +$41 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11+0.0064% /8h now · paid −0.110% over the last 7D
Price+$41spread +0.457% now, avg +0.044% → +0.413% if it goes back
Costs−$290.293% of $10k · taker + slippage, in and out
Result+$1+0.01%+ 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+0.457%
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
4 ok · 2 to watch- OK: Fits both order books9.9 / 4.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Variational Omni 50x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.93Long Variational Omni: 6 payments, −$3.00; short RISEx: 24 payments, +$4.93.
- OK: Entry gap works for you+0.457% vs +0.044%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$191K vs $3.9M 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 legVariational Omni No · RISEx 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−$11.05
Price spread+0.457% → +0.044% (7d avg)+$41.32
Slippage, 4 orderslive order books−$23.34
Fee Variational Omni bp × 2 orders$0.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k+$0.93
Costs to cover0.293%Break-evenfrom the start
Slippage: Variational Omni: RFQ quote, 2 min ago; RISEx: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.979.9 bp−$1014.9 bp−$149doesn’t fitdoesn’t fit
SELL · SHORTRISEx1.744.7 bp−$527.4 bp−$274doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 09:05 | Reya | Listing | new market ENARUSDPERP ($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