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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h −0.061%
Price spread now: Kraken Futures 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 7 days+0.137%+$14 on $10k
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 +$4 a day on $10k at the current rate, and Kraken Futures 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-PERP0.21260.0104pay 0.0013% / 1h15m 16s$74K$4K3x
ShortKraken Futures PF_ENAUSD0.21270.0251get 0.0031% / 1h15m 16s$2.7M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$30.83
Price spread: +0.058% → 0.000%
$5.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$10.6
Costs to cover
0.260%
Break-even
4.6 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago14.08 bp20.0 bp −$2024.2 bp −$242104.1 bp −$10.4Kdoesn't fit
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 41 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%1h0.2125−0.001%$79K$1.5M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2125−0.015%$87K150xas long as short
dYdX ENA-USD+0.0014%1h0.2125−0.034%$140K$15K5xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.100%$522$57K5.5xas long as short
Orderly PERP_ENA_USDC+0.0036%4h0.2125−0.039%$44K$28K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2123−0.119%$54K$515K50xas long as short
Nado ENA-PERP+0.0100%1h0.2124−0.095%$683K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2125−0.033%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2124−0.067%$415K$543K10xas long as short
Binance ENAUSDT+0.0100%4h0.2126+0.008%$131.3M$442.8M75xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2126+0.008%$87.1M$186.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2126+0.037%$20.9M$107.3M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2129+0.150%$19K$395K5xas long as short
Arcus ENA-USD+0.0100%1h0.2124−0.072%$78K$289K10xas long as short
Bulk ENA-USD+0.0100%1h0.2126+0.025%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2125−0.024%$11.0M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2125−0.006%$45.2M$44.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2126+0.013%$24.6M$16.3M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2125−0.039%$48.3M$60.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2126+0.013%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2126+0.023%$380K$383K5xas long as short
Variational Omni ENA+0.0100%4h0.2125−0.026%$3.8M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2131+0.273%$248K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2131+0.261%$357K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2131+0.258%$32K$655K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2125−0.024%$183K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2073−2.462%$1K$855K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2125−0.024%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2130+0.206%$274K$864K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2124−0.072%$1.9M$9.2M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2122−0.175%$47K$11010xas long as short
01 Exchange ENAUSD+0.0104%1h0.2124−0.057%$4K$30210xas long as short
Aevo ENA-PERPlong+0.0104%1h0.2126long leg$74K$4K3x
Phoenix ENA+0.0188%1h0.2126+0.023%$7K$351K10xas long as short
Extended ENA-USD+0.0208%1h0.2125−0.042%$1.6M$4.1M50xas long as short
Kraken Futures PF_ENAUSDshort+0.0251%1h0.2127+0.058%$2.7M$4.5M50x
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0206%1h0.2125−0.016%$50K100xas long as short
Reya ENARUSDPERP+0.0412%1h0.2125−0.028%$1K$5K15xas long as short
Lighter ENA+0.0424%1h0.2127+0.051%$5.5M$13.7M10xas long as short
Hyperliquid ENA+0.0498%1h0.2128+0.117%$115.0M$72.5M10xas long as short
Coinbase International ENA-PERP-INTX+0.0648%1h0.2136+0.488%$837K$1.7M50xas long as short