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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h −0.047%
Price spread now: Kraken Futures against 01 Exchange+0.116%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 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 +$3 a day on $10k at the current rate, and Kraken Futures is 0.116% dearer against 01 Exchange than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.21730.0056pay 0.0007% / 1h16m 21s$4K$27710x
ShortKraken Futures PF_ENAUSD0.21750.0158get 0.0020% / 1h16m 21s$2.7M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$21.42
Price spread: +0.116% → 0.000%
$11.64
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$16.06
Costs to cover
0.170%
Break-even
1.8 days
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago12.47 bp21.7 bp −$2228.2 bp −$282172.7 bp −$17.3Kdoesn'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
Orderly PERP_ENA_USDC−0.0139%4h0.2172−0.032%$45K$26K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2173+0.009%$70K$1.1M50xas long as short
Phemex ENAUSDT+0.0003%4h0.2174+0.060%$1.8M$8.9M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2174+0.081%$84K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−2.269%$522$57K5.5xas long as short
01 Exchange ENAUSDlong+0.0056%1h0.2173long leg$4K$27710x
Popdex ENAUSDT+0.0096%1h0.2174+0.060%$53K$475K50xas long as short
Nado ENA-PERP+0.0100%1h0.2176+0.173%$565K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2179+0.304%$118.1M$75.4M10xas long as short
Aster ENAUSDT+0.0100%4h0.2176+0.159%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2172−0.023%$408K$528K10xas long as short
Binance ENAUSDT+0.0100%4h0.2175+0.097%$132.1M$422.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2173+0.028%$87.6M$177.1M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.21730.000%$21.7M$108.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2149−1.086%$21K$326K5xas long as short
Arcus ENA-USD+0.0100%1h0.2173+0.014%$81K$280K10xas long as short
Gate ENA_USDT+0.0100%4h0.2175+0.106%$11.5M$24.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2178+0.239%$47.8M$41.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2176+0.138%$25.4M$15.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2172−0.055%$49.4M$58.3M75xas long as short
BingX ENA-USDC+0.0100%4h0.2175+0.083%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2139−1.529%$3.1M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2142−1.411%$246K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2163−0.427%$362K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2164−0.400%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2178+0.226%$193K$2.5M10xas long as short
SunX ENA-USDT+0.0100%4h0.2119−2.453%$1K$882K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2174+0.060%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2185+0.566%$274K$805K50xas long as short
Bulk ENA-USD+0.0100%1h0.2132−1.896%$94K−$010xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2172−0.052%$49K$11010xas long as short
Extended ENA-USD+0.0104%1h0.2171−0.071%$1.6M$4.3M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2174+0.044%$76K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2174+0.069%$8K$278K10xas long as short
Kraken Futures PF_ENAUSDshort+0.0158%1h0.2175+0.116%$2.7M$4.3M50x
dYdX ENA-USD+0.0249%1h0.2171−0.072%$143K$16K5xas long as short
Lighter ENA+0.0264%1h0.2175+0.087%$5.3M$13.2M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0310% / S −0.0753%1h0.2174+0.060%$60K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2172−0.046%$5.6M$3.2M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2177+0.203%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0659%1h0.2174+0.074%$366K$401K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2173+0.005%$891K$1.8M50xas long as short