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

ENA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h −0.733%
Price spread now: 01 Exchange against dYdX−0.144%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 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.144% cheaper against dYdX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ENA-USD0.21380.0260pay 0.0032% / 1h2m 03s$141K$15K5x
Short01 Exchange ENAUSD0.21350.0160get 0.0020% / 1h2m 03s$4K$30210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against dYdX. 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
−$20.97
Price spread: −0.144% → 0.000%
−$14.35
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$52.32
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 7 min ago; 01 Exchange: 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 dYdX live order book, 7 min ago39.28 bp44.3 bp −$44294.9 bp −$2,949882.2 bp −$88.2K1645.9 bp −$823.0K
Sell 01 Exchange no order-book sample
01 Exchange: 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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2137−0.036%$80K$1.6M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0004%1h0.2137−0.045%$92K150xas long as short
Orderly PERP_ENA_USDC+0.0032%4h0.2136−0.092%$41K$23K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.667%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2135−0.125%$52K$524K50xas long as short
Nado ENA-PERP+0.0100%1h0.2134−0.162%$715K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2136−0.078%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2138+0.027%$421K$550K10xas long as short
Binance ENAUSDT+0.0100%4h0.2135−0.144%$133.4M$441.7M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2134−0.186%$87.6M$186.1M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ENA-USDT-SWAP+0.0100%4h0.2134−0.172%$21.1M$109.3M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2153+0.727%$16K$413K5xas long as short
Arcus ENA-USD+0.0100%1h0.2136−0.078%$106K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2167+1.372%$95K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2135−0.125%$10.8M$21.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2134−0.167%$45.2M$45.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2135−0.134%$24.6M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2133−0.214%$48.4M$61.2M75xas long as short
BingX ENA-USDT+0.0100%4h0.2135−0.139%$32.6Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2135−0.115%$378K$378K5xas long as short
Variational Omni ENA+0.0100%4h0.2153+0.706%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2166+1.334%$252K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2148+0.485%$361K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2149+0.530%$33K$686K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2136−0.097%$177K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2085−2.464%$1K$835K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2135−0.125%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2141+0.142%$277K$1.1M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2135−0.125%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2135−0.125%$48K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2137−0.052%$75K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2157+0.900%$8K$347K10xas long as short
01 Exchange ENAUSDshort+0.0160%1h0.2135−0.144%$4K$30210x
Kraken Futures PF_ENAUSD+0.0234%1h0.2137−0.012%$2.7M$5.1M50xas long as short
dYdX ENA-USDlong+0.0260%1h0.2138long leg$141K$15K5x
GMX ENA/USD [ETH-USDC]L +0.0333% / S −0.0430%1h0.2137−0.035%$80K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2140+0.123%$5.7M$2.0M75xas long as short
Extended ENA-USD+0.0376%1h0.2133−0.218%$1.6M$4.3M50xas long as short
Reya ENARUSDPERP+0.0412%1h0.2135−0.120%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2162+1.138%$855K$1.8M50xas long as short
Hyperliquid ENA+0.0741%1h0.2137−0.041%$115.2M$74.5M10xas long as short
Lighter ENA+0.0784%1h0.2137−0.008%$5.7M$13.7M10xas long as short