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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0254%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h +0.009%
Price spread now: GMX against Aevo+0.058%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 3 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 +$8 a day on $10k at the current rate, and GMX is 0.058% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ENA-PERP0.21150.0104pay 0.0013% / 1h15m 28s$74K$4K3x
ShortGMX ENA/USD [ETH-USDC]0.2116L +0.0306% / S −0.0358%get 0.0045% / 1h15m 28s$70K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$53.26
Price spread: +0.058% → 0.000%
$5.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$31.02
Costs to cover
0.280%
Break-even
2.9 days
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Aevo and GMX: 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
Backpack ENA_USDC_PERP−0.0147%1h0.2116+0.031%$363K$398K5xas long as short
Orderly PERP_ENA_USDC−0.0072%4h0.2115+0.003%$44K$25K10xas long as short
01 Exchange ENAUSD−0.0048%1h0.2117+0.107%$4K$30210xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2116+0.045%$79K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2113−0.080%$82K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.391%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2119+0.182%$8K$266K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2116+0.041%$56K$475K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2115+0.012%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2114−0.030%$660K$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2116+0.021%$1.5M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2115+0.010%$404K$517K10xas long as short
Binance ENAUSDT+0.0100%4h0.2116+0.031%$128.9M$416.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2115−0.007%$85.3M$175.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2116+0.060%$20.9M$104.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2117+0.112%$18K$317K5xas long as short
Arcus ENA-USD+0.0100%1h0.2117+0.088%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117+0.064%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2116+0.036%$11.1M$22.2M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2116+0.060%$46.1M$41.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2117+0.112%$24.6M$15.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2114−0.044%$48.1M$57.5M75xas long as short
BingX ENA-USDT+0.0100%4h0.2115−0.026%$32.3Mas long as short
Variational Omni ENA+0.0100%4h0.2115−0.026%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2117+0.075%$245K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2118+0.128%$350K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2120+0.230%$20K$648K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2117+0.112%$179K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2065−2.380%$1K$848K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2116+0.041%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2118+0.126%$274K$796K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116+0.041%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2115−0.027%$1.6M$4.2M50xas long as short
Aevo ENA-PERPlong+0.0104%1h0.2115long leg$74K$4K3x
Hyperliquid ENA+0.0122%1h0.2120+0.216%$115.5M$75.1M10xas long as short
dYdX ENA-USD+0.0155%1h0.2115+0.007%$140K$15K5xas long as short
Lighter ENA+0.0168%1h0.2117+0.093%$5.2M$13.5M10xas long as short
Kraken Futures PF_ENAUSD+0.0242%1h0.2117+0.089%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]shortL +0.0306% / S −0.0358%1h0.2116+0.058%$70K100x
BloFin ENA-USDT+0.0340%4h0.2117+0.107%$5.6M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2115+0.003%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2127+0.556%$869K$1.7M50xas long as short