Funding arb · Price arb /

ENA

all ENA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%

Price spread now: KuCoin against Aster−0.019%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.486% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 7 days−0.022%−$2 · spread now −0.019%, 7d avg −0.048%

Together, before fees−0.193%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.030% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ENAUSDT	0.2098	0.0100	pay 0.0050% / 4h	37m 08s	$1.4M	$3.3M	50x
Short	KuCoin ENAUSDTM	0.2098	0.0100	get 0.0050% / 4h	37m 08s	$24.7M	$15.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → −0.048%: $2.95
Slippage, 4 orders: −$28.59
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$45.64
Costs to cover: 0.486%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 1 min ago	2.62 bp	8.6 bp −$9	20.2 bp −$202	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	3.09 bp	14.1 bp −$14	31.2 bp −$312	doesn't fit	doesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ENA_USDC	−0.0095%	4h	0.2094	−0.171%	$43K	$17K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2095	−0.162%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2095	−0.138%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2095	−0.155%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.211%	$522	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2097	−0.038%	$4.9M	$13.8M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2094	−0.191%	$55K	$478K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2097	−0.051%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2095	−0.157%	$557K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2098	−0.014%	$113.8M	$74.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDTlong	+0.0100%	4h	0.2098	long leg	$1.4M	$3.3M	50x
Pacifica ENA	+0.0100%	1h	0.2097	−0.033%	$404K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2097	−0.026%	$127.5M	$425.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2097	−0.067%	$89.7M	$187.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2099	+0.024%	$21.0M	$106.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2107	+0.453%	$38K	$318K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2096	−0.095%	$77K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2096	−0.108%	$91K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2098	−0.005%	$12.7M	$26.9M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2094	−0.181%	$39.0M	$42.9M	200x	as long as short
KuCoin ENAUSDTMshort	+0.0100%	4h	0.2098	−0.019%	$24.7M	$15.8M	75x
Bitget ENAUSDT	+0.0100%	4h	0.2095	−0.119%	$47.6M	$59.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2098	0.000%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2098	−0.005%	$406K	$492K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2106	+0.393%	$3.0M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2099	+0.041%	$253K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2100	+0.085%	$362K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2109	+0.524%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2095	−0.129%	$185K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2047	−2.421%	$1K	$905K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2095	−0.143%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2099	+0.057%	$264K	$817K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2095	−0.143%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2094	−0.176%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2095	−0.153%	$73K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0150%	1h	0.2096	−0.110%	$2.6M	$4.4M	50x	as long as short
Phoenix ENA	+0.0190%	1h	0.2108	+0.496%	$8K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0754%	1h	0.2094	−0.170%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2094	−0.186%	$5.6M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2094	−0.179%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2099	+0.072%	$868K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.0803%	1h	0.2096	−0.081%	$138K	$16K	5x	as long as short