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+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%
Price spread now: Nado against 01 Exchange−0.142%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.142% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 9.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.21470.0048pay 0.0006% / 1h20m 51s$4K$27710x
ShortNado ENA-PERP0.21440.0100get 0.0012% / 1h20m 51s$664K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$10.92
Price spread: −0.142% → 0.000%
−$14.21
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$17.29
Costs to cover
0.140%
Break-even
18.1 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 3 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 Nado live order book, 3 min ago0.94 bp7.8 bp −$820.2 bp −$202doesn'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
Orderly PERP_ENA_USDC−0.0139%4h0.2141−0.293%$44K$26K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2142−0.252%$69K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2140−0.320%$83K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.099%$522$57K5.5xas long as short
01 Exchange ENAUSDlong+0.0048%1h0.2147long leg$4K$27710x
Gate ENA_USDT+0.0080%4h0.2148+0.056%$11.3M$24.1M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2145−0.093%$59K$467K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2144−0.141%$48K$11010xas long as short
Nado ENA-PERPshort+0.0100%1h0.2144−0.142%$664K$1.7M10x
Hyperliquid ENA+0.0100%1h0.2150+0.135%$116.7M$74.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2150+0.158%$1.5M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2145−0.093%$402K$525K10xas long as short
Binance ENAUSDT+0.0100%4h0.2151+0.169%$130.4M$420.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2149+0.102%$86.6M$176.1M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2154+0.303%$21.5M$106.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2141−0.293%$21K$327K5xas long as short
Arcus ENA-USD+0.0100%1h0.2146−0.047%$80K$278K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2148+0.061%$47.0M$41.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2146−0.042%$25.0M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2148+0.037%$48.9M$58.2M75xas long as short
BingX ENA-USDC+0.0100%4h0.2149+0.079%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2139−0.350%$3.1M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2121−1.192%$243K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2126−0.978%$356K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2127−0.932%$19K$651K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2146−0.065%$190K$2.5M10xas long as short
SunX ENA-USDT+0.0100%4h0.2088−2.753%$1K$876K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2141−0.279%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2147−0.019%$270K$795K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2141−0.279%$1.8M$8.9M50xas long as short
Bulk ENA-USD+0.0100%1h0.2132−0.722%$94K−$010xas long as short
Extended ENA-USD+0.0104%1h0.2148+0.042%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2141−0.284%$75K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2103−2.035%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0161%1h0.2141−0.281%$2.6M$4.3M50xas long as short
Lighter ENA+0.0256%1h0.2151+0.186%$5.3M$13.1M10xas long as short
dYdX ENA-USD+0.0265%1h0.2151+0.164%$142K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0308% / S −0.0753%1h0.2140−0.320%$59K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2141−0.284%$5.5M$3.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2143−0.189%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0616%1h0.2141−0.265%$360K$401K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2144−0.126%$878K$1.7M50xas long as short