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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h +0.616%
Price spread now: dYdX against Aevo−0.601%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 7 days+1.070%+$107 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and dYdX is 0.601% cheaper against Aevo than usual: you would sell low and buy high (−$60 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.070%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ENA-PERP0.21550.0104pay 0.0013% / 1h41m 37s$75K$4K3x
ShortdYdX ENA-USD0.21420.0088get 0.0011% / 1h41m 37s$142K$16K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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
−$3.45
Price spread: −0.601% → 0.000%
−$60.11
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$89.56
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: live order book, 57 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 Aevo no order-book sample
Sell dYdX live order book, 57 min ago37.93 bp42.9 bp −$43384.2 bp −$3,842823.7 bp −$82.4K1524.0 bp −$762.0K
Aevo: 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
Phemex ENAUSDT−0.1029%4h0.2152−0.143%$1.9M$8.9M50xas long as short
Orderly PERP_ENA_USDC−0.0090%4h0.2155−0.023%$45K$17K10xas long as short
01 Exchange ENAUSD−0.0080%1h0.2140−0.691%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2156+0.033%$76K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2155+0.019%$84K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.470%$522$57K5.5xas long as short
dYdX ENA-USDshort+0.0088%1h0.2142−0.601%$142K$16K5x
Lighter ENA+0.0096%1h0.2143−0.556%$5.0M$12.9M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2140−0.700%$52K$491K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2139−0.735%$48K$11010xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2156+0.061%$573K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2144−0.505%$116.7M$76.5M10xas long as short
Aster ENAUSDT+0.0100%4h0.2142−0.607%$1.4M$3.4M50xas long as short
Pacifica ENA+0.0100%1h0.2141−0.668%$413K$563K10xas long as short
Binance ENAUSDT+0.0100%4h0.2140−0.713%$130.8M$432.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2140−0.719%$89.0M$194.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2140−0.686%$21.1M$110.4M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2148−0.343%$28K$320K5xas long as short
Arcus ENA-USD+0.0100%1h0.2140−0.700%$79K$282K10xas long as short
Bulk ENA-USD+0.0100%1h0.2157+0.109%$94K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2140−0.714%$13.3M$27.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2140−0.719%$40.9M$43.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2143−0.547%$25.3M$16.0M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2137−0.821%$48.3M$61.3M75xas long as short
BingX ENA-USDC+0.0100%4h0.2140−0.705%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2168+0.589%$3.1M$9.8Mas long as short
edgeX ENAUSDC+0.0100%4h0.2163+0.367%$257K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2162+0.298%$373K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2161+0.274%$19K$646K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2159+0.172%$178K$2.7M10xas long as short
SunX ENA-USDT+0.0100%4h0.2107−2.245%$1K$927K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2154−0.051%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2158+0.135%$267K$835K50xas long as short
Extended ENA-USD+0.0104%1h0.2138−0.794%$1.7M$4.5M50xas long as short
Aevo ENA-PERPlong+0.0104%1h0.2155long leg$75K$4K3x
Phoenix ENA+0.0150%1h0.2166+0.488%$14K$267K10xas long as short
Kraken Futures PF_ENAUSD+0.0194%1h0.2155−0.007%$2.6M$4.4M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0309% / S −0.0754%1h0.2157+0.067%$59K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2151−0.185%$5.6M$3.5M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2155+0.003%$1K15xas long as short
Backpack ENA_USDC_PERP+0.0481%1h0.2148−0.334%$418K$481K5xas long as short
Coinbase International ENA-PERP-INTX+0.0544%1h0.2157+0.065%$801K$2.0M50xas long as short