data as of
Settings8H · net · $10k
Funding arb /

ENA

all ENA markets
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Funding spread now, next payment 14:00 UTC+0.0431%/8h
next payment, per $10,000+$0.54paid, last 24h+0.051%paid, last 7 days+0.142%to open and close $10k−$30
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ENA_USDC_PERP0.22510.0381pay 0.0048% / 1h41m 03s$380K$756K5x
ShortHyperliquid ENA0.22540.0812get 0.0102% / 1h41m 03s$117.8M$90.8M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$90.57
Slippage, 4 orders
−$10.91
Fee Backpack: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$60.66
Break-even
2.3 days
Slippage from Backpack: live order book, 4 min ago; Hyperliquid: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.142%
Avg gap 7d
+0.062%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 4 min ago0.88 bp7.6 bp −$843.8 bp −$438doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago0.88 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit

ENA on 41 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ENAUSD−0.0407%1h$2.7M$10.5M50xas long as short
Orderly PERP_ENA_USDC−0.0112%4h$46K$37K10xas long as short
Gate ENA_USDT−0.0046%4h$11.3M$30.1M50xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h$74K$2.3M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h$98K150xas long as short
Injective ENA/USDC PERP+0.0033%1h$535$3K5.5xas long as short
dYdX ENA-USD+0.0042%1h$139K$8935xas long as short
Phoenix ENA+0.0070%1h$20K$446K10xas long as short
01 Exchange ENAUSD+0.0096%1h$5K$3K10xas long as short
Popdex ENAUSDT+0.0096%1h$61K$590K50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h$50K$89610xas long as short
Nado ENA-PERP+0.0100%1h$693K$1.9M10xas long as short
Pacifica ENA+0.0100%1h$452K$759K10xas long as short
Binance ENAUSDT+0.0100%4h$144.7M$542.5M75xas long as short
Bybit ENAUSDT+0.0100%4h$96.8M$222.1M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h$22.9M$167.5M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h$21K$592K5xas long as short
Arcus ENA-USD+0.0100%1h$107K$341K10xas long as short
MEXC ENA_USDT+0.0100%4h$51.1M$64.3M200xas long as short
KuCoin ENAUSDTM+0.0100%4h$23.8M$17.7M75xas long as short
Bitget ENAUSDT+0.0100%4h$52.4M$77.5M75xas long as short
BingX ENA-USDT+0.0100%4h$32.5Mas long as short
Variational Omni ENA+0.0100%4h$5.4M$8.8Mas long as short
edgeX ENAUSDC+0.0100%4h$279K$9.1M20xas long as short
ApeX Omni ENAUSDT+0.0100%1h$38K$691K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h$158K$4.4M10xas long as short
SunX ENA-USDT+0.0100%4h$1K$758K20xas long as short
SoDEX ENA-USD+0.0100%1h$3K$27K10xas long as short
HTX ENA-USDT+0.0100%4h$249K$2.3M50xas long as short
Phemex ENAUSDT+0.0100%4h$1.8M$9.4M50xas long as short
Bulk ENA-USD+0.0100%1h$95K−$010xas long as short
Extended ENA-USD+0.0104%1h$1.6M$3.4M50xas long as short
Aevo ENA-PERP+0.0104%1h$83K$11K3xas long as short
GMX ENA/USD [ETH-USDC]L +0.0104% / S −0.0036%1h$19K100xas long as short
Lighter ENA+0.0176%1h$5.9M$16.0M10xas long as short
Aster ENAUSDT+0.0288%4h$1.7M$2.8M50xas long as short
BloFin ENA-USDT+0.0340%4h$6.3M$14.1M75xas long as short
Backpack ENA_USDC_PERPlong+0.0381%1h$380K$756K5x
Reya ENARUSDPERP+0.0412%1h$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h$969K$3.7M50xas long as short
Hyperliquid ENAshort+0.0812%1h$117.8M$90.8M10x