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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.063%
Price spread now: Bulk against 01 Exchange+0.187%7-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 3 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 +$4 a day on $10k at the current rate, and Bulk is 0.187% dearer against 01 Exchange than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.2090−0.0024get 0.0003% / 1h39m 25s$4K$43210x
ShortBulk ENA-USD0.20940.0100get 0.0013% / 1h39m 25s$88K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$26.04
Price spread: +0.187% → 0.000%
$18.66
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$30.7
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Bulk: 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Bulk no order-book sample
01 Exchange and Bulk: 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−0.0349%1h0.2096+0.297%$361K$486K5xas long as short
Orderly PERP_ENA_USDC−0.0083%4h0.2095+0.249%$41K$24K10xas long as short
01 Exchange ENAUSDlong−0.0024%1h0.2090long leg$4K$43210x
Gate ENA_USDT−0.0016%4h0.2090−0.005%$10.4M$21.5M50xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2096+0.287%$97K$1.9M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2088−0.101%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.593%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2097+0.344%$5K$394K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2089−0.053%$59K$541K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2090−0.018%$47K$22110xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2089−0.033%$657K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2094+0.188%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2092+0.109%$402K$585K10xas long as short
Binance ENAUSDT+0.0100%4h0.2090−0.010%$128.9M$468.5M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2089−0.038%$87.4M$193.7M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2090−0.014%$20.1M$113.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2097+0.321%$19K$429K5xas long as short
Arcus ENA-USD+0.0100%1h0.2091+0.043%$83K$221K10xas long as short
Bulk ENA-USDshort+0.0100%1h0.2094+0.187%$88K$2K10x
MEXC ENA_USDT+0.0100%4h0.2088−0.120%$44.6M$48.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2091+0.043%$24.1M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2088−0.096%$47.3M$66.6M75xas long as short
BingX ENA-USDT+0.0100%4h0.2090+0.010%$32.0Mas long as short
Variational Omni ENA+0.0100%4h0.2095+0.233%$3.6M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2095+0.254%$250K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2096+0.270%$353K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2096+0.282%$32K$712K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2091+0.062%$181K$3.0M10xas long as short
SunX ENA-USDT+0.0100%4h0.2046−2.134%$889$807K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2095+0.234%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2105+0.703%$273K$1.6M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2095+0.234%$1.8M$9.3M50xas long as short
Extended ENA-USD+0.0104%1h0.2089−0.062%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2096+0.282%$77K$11K3xas long as short
Kraken Futures PF_ENAUSD+0.0104%1h0.2097+0.326%$2.7M$5.8M50xas long as short
Lighter ENA+0.0208%1h0.2095+0.239%$5.7M$13.1M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0212% / S −0.0160%1h0.2096+0.272%$50K100xas long as short
Hyperliquid ENA+0.0318%1h0.2093+0.153%$111.2M$80.2M10xas long as short
BloFin ENA-USDT+0.0340%4h0.2097+0.306%$5.6M$8.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2090−0.028%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0536%1h0.2101+0.512%$802K$2.2M50xas long as short
dYdX ENA-USD+0.9663%1h0.2094+0.167%$138K$12K5xas long as short