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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h +0.058%
Price spread now: Polymarket Perps against 01 Exchange+0.193%53s7-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
The price spread pays, funding is against you. Polymarket Perps is 0.193% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.193% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.21240.0200pay 0.0025% / 1h7m 37s$4K$30210x
ShortPolymarket Perps ENA-USD0.21280.0100get 0.0013% / 1h7m 37s$179K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
Price spread: +0.193% → 0.000%
$19.31
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$16.69
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 1 min ago1.41 bp5.4 bp −$57.7 bp −$77doesn'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+0.170%$95K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2128+0.190%$97K150xas long as short
Orderly PERP_ENA_USDC+0.0007%4h0.2126+0.132%$41K$24K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.005%$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%1h0.2119−0.212%$62K$526K50xas long as short
Nado ENA-PERP+0.0100%1h0.2128+0.191%$680K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2124+0.010%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2123−0.004%$410K$559K10xas long as short
Binance ENAUSDT+0.0100%4h0.2120−0.151%$131.4M$449.8M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2122−0.066%$89.2M$188.9M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2123−0.038%$20.7M$110.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2123−0.005%$15K$390K5xas long as short
Arcus ENA-USD+0.0100%1h0.2123−0.024%$84K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2126+0.114%$90K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2122−0.061%$10.7M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2123−0.033%$46.4M$45.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2125+0.075%$24.6M$16.3M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2121−0.113%$48.1M$63.4M75xas long as short
BingX ENA-USDT+0.0100%4h0.2122−0.052%$32.6Mas long as short
Variational Omni ENA+0.0100%4h0.2121−0.120%$3.9M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2125+0.076%$246K$7.6M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2127+0.165%$361K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2127+0.165%$34K$712K50xas long as short
Polymarket Perps ENA-USDshort+0.0100%1h0.2128+0.193%$179K$2.4M10x
SunX ENA-USDT+0.0100%4h0.2077−2.199%$1K$827K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2126+0.118%$4K$11K10xas long as short
HTX ENA-USDT+0.0100%4h0.2129+0.264%$276K$1.4M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2125+0.071%$1.9M$9.3M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2122−0.070%$47K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2127+0.166%$78K$11K3xas long as short
Phoenix ENA+0.0189%1h0.2129+0.240%$7K$347K10xas long as short
01 Exchange ENAUSDlong+0.0200%1h0.2124long leg$4K$30210x
Kraken Futures PF_ENAUSD+0.0240%1h0.2128+0.225%$2.7M$5.2M50xas long as short
Extended ENA-USD+0.0240%1h0.2121−0.100%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2127+0.177%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2128+0.193%$5.6M$4.7M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2127+0.146%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0552%1h0.2126+0.113%$839K$1.9M50xas long as short
Lighter ENA+0.0560%1h0.2125+0.094%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0749%1h0.2128+0.198%$114.7M$78.3M10xas long as short
dYdX ENA-USD+0.1181%1h0.2126+0.097%$140K$15K5xas long as short