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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.035%
Price spread now: ApeX Omni against 01 Exchange+0.239%55s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and ApeX Omni is 0.239% dearer against 01 Exchange than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.2094−0.0104get 0.0013% / 1h48m 32s$4K$30210x
ShortApeX Omni ENAUSDT0.20990.0100get 0.0013% / 1h48m 32s$20K$648K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
$42.84
Price spread: +0.239% → 0.000%
$23.88
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$49.72
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 10 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 10 min ago7.12 bp15.5 bp −$16156.2 bp −$1,562doesn't fitdoesn't fit
01 Exchange: 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
Backpack ENA_USDC_PERP−0.0305%1h0.2090−0.191%$365K$388K5xas long as short
01 Exchange ENAUSDlong−0.0104%1h0.2094long leg$4K$30210x
Orderly PERP_ENA_USDC−0.0059%4h0.2087−0.339%$43K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2088−0.306%$78K$1.2M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2094−0.016%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.404%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.20940.000%$8K$266K10xas long as short
Lighter ENA+0.0096%1h0.2094+0.014%$5.2M$13.4M10xas long as short
Popdex ENAUSDT+0.0096%1h0.20940.000%$55K$500K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2092−0.072%$47K$11010xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2094−0.002%$657K$1.6M10xas long as short
Hyperliquid ENA+0.0100%1h0.2095+0.053%$111.6M$72.9M10xas long as short
Aster ENAUSDT+0.0100%4h0.2093−0.031%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2093−0.047%$408K$500K10xas long as short
Binance ENAUSDT+0.0100%4h0.2094+0.016%$128.0M$415.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2094−0.024%$85.1M$176.0M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.20940.000%$20.7M$101.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2089−0.239%$19K$321K5xas long as short
Arcus ENA-USD+0.0100%1h0.2092−0.096%$77K$275K10xas long as short
Bulk ENA-USD+0.0100%1h0.2107+0.621%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2093−0.038%$11.0M$21.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2094+0.014%$45.1M$41.0M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2095+0.033%$24.5M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2092−0.086%$47.7M$57.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2092−0.072%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2097+0.133%$3.1M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2105+0.511%$242K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2104+0.498%$353K$4.9M10xas long as short
ApeX Omni ENAUSDTshort+0.0100%1h0.2099+0.239%$20K$648K50x
Polymarket Perps ENA-USD+0.0100%1h0.20940.000%$178K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2039−2.612%$1K$841K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2089−0.239%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2090−0.196%$270K$797K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2089−0.239%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2092−0.099%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2087−0.320%$73K$4K3xas long as short
dYdX ENA-USD+0.0148%1h0.2093−0.066%$138K$15K5xas long as short
Kraken Futures PF_ENAUSD+0.0245%1h0.2090−0.186%$2.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0252% / S −0.0213%1h0.2087−0.328%$50K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2088−0.306%$5.6M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2093−0.046%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2090−0.186%$851K$1.5M50xas long as short