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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0352%/8h= +38.5% APRnext payment +$0.44 per $10,000 · paid last 24h +0.192%
Price spread now: Coinbase International against 01 Exchange−0.169%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.169% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.169% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 38 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.21300.0200pay 0.0025% / 1h8m 02s$4K$30210x
ShortCoinbase International ENA-PERP-INTX0.21260.0552get 0.0069% / 1h8m 02s$839K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$73.92
Price spread: −0.169% → 0.000%
−$16.91
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$40.01
Costs to cover
0.170%
Break-even
3.2 days
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago5.87 bp16.5 bp −$1722.3 bp −$223doesn'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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2127−0.113%$95K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2128−0.093%$97K150xas long as short
Orderly PERP_ENA_USDC+0.0007%4h0.2126−0.150%$41K$24K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.286%$522$57K5.5xas long as short
Backpack ENA_USDC_PERP+0.0055%1h0.2127−0.141%$377K$444K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2127−0.117%$62K$526K50xas long as short
Nado ENA-PERP+0.0100%1h0.2128−0.092%$680K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2127−0.125%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2128−0.078%$411K$559K10xas long as short
Binance ENAUSDT+0.0100%4h0.2125−0.202%$131.7M$450.0M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2124−0.235%$89.3M$189.0M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2125−0.216%$20.7M$110.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2123−0.286%$15K$390K5xas long as short
Arcus ENA-USD+0.0100%1h0.2129−0.023%$84K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2126−0.168%$90K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2125−0.207%$10.8M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2125−0.221%$46.5M$45.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2126−0.150%$24.6M$16.3M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2124−0.277%$48.2M$63.4M75xas long as short
BingX ENA-USDC+0.0100%4h0.2125−0.193%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2121−0.402%$3.9M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2128−0.090%$246K$7.6M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2121−0.379%$362K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2129−0.023%$34K$712K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2128−0.089%$179K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2077−2.475%$1K$827K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2126−0.164%$4K$11K10xas long as short
HTX ENA-USDT+0.0100%4h0.2129−0.019%$276K$1.4M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2125−0.211%$1.9M$9.3M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2127−0.109%$48K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2127−0.116%$78K$11K3xas long as short
Phoenix ENA+0.0189%1h0.2129−0.042%$7K$347K10xas long as short
01 Exchange ENAUSDlong+0.0200%1h0.2130long leg$4K$30210x
Kraken Futures PF_ENAUSD+0.0240%1h0.2128−0.058%$2.7M$5.2M50xas long as short
Extended ENA-USD+0.0240%1h0.2124−0.254%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2127−0.106%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2128−0.089%$5.6M$4.7M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2127−0.136%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTXshort+0.0552%1h0.2126−0.169%$839K$1.9M50x
Lighter ENA+0.0560%1h0.2128−0.070%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0751%1h0.2128−0.061%$114.7M$78.3M10xas long as short
dYdX ENA-USD+0.1204%1h0.2128−0.084%$141K$15K5xas long as short