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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0176%/8h= −19.3% APRnext payment $0.22 per $10,000 · paid last 24h −0.006%
Price spread now: Aevo against Extended−0.517%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 7 days−0.036%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.517% cheaper against Extended than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21370.0280pay 0.0035% / 1h29m 26s$1.6M$4.3M50x
ShortAevo ENA-PERP0.21260.0104get 0.0013% / 1h29m 26s$74K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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
−$36.96
Price spread: −0.517% → 0.000%
−$51.65
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$109.61
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Aevo: 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 Extended live order book, 4 min ago0.71 bp5.8 bp −$613.1 bp −$131doesn't fitdoesn't fit
Sell Aevo no order-book sample
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 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%1h0.2127−0.484%$81K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2139+0.058%$103K150xas long as short
dYdX ENA-USD+0.0025%1h0.2138+0.041%$141K$15K5xas long as short
Backpack ENA_USDC_PERP+0.0026%1h0.2133−0.184%$380K$415K5xas long as short
Orderly PERP_ENA_USDC+0.0031%4h0.2139+0.096%$41K$23K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.652%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2138+0.031%$62K$520K50xas long as short
Nado ENA-PERP+0.0100%1h0.2137+0.006%$706K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2140+0.116%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2137−0.007%$420K$549K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2140+0.114%$132.8M$444.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2140+0.129%$88.5M$187.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2140+0.134%$21.0M$110.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2141+0.153%$15K$409K5xas long as short
Arcus ENA-USD+0.0100%1h0.2139+0.078%$106K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.975%$89K−$010xas long as short
Gate ENA_USDT+0.0100%4h0.2138+0.040%$10.9M$20.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2139+0.073%$46.2M$44.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2140+0.106%$24.6M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2137−0.007%$48.5M$61.7M75xas long as short
BingX ENA-USDC+0.0100%4h0.2139+0.068%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2123−0.656%$3.8M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2123−0.688%$248K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2124−0.641%$357K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2116−0.998%$34K$687K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2139+0.087%$180K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2079−2.744%$940$828K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2130−0.343%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2129−0.390%$276K$1.2M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2130−0.343%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2137−0.014%$48K$22110xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2126−0.517%$74K$4K3x
Phoenix ENA+0.0150%1h0.2116−1.008%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0216%1h0.2140+0.110%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0234%1h0.2131−0.283%$2.7M$5.1M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0434%1h0.2138+0.040%$39K100xas long as short
Extended ENA-USDlong+0.0280%1h0.2137long leg$1.6M$4.3M50x
BloFin ENA-USDT+0.0340%4h0.2123−0.671%$5.6M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2138+0.036%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2125−0.582%$839K$1.8M50xas long as short
Lighter ENA+0.0688%1h0.2140+0.101%$5.7M$12.6M10xas long as short
Hyperliquid ENA+0.0735%1h0.2142+0.218%$115.5M$75.4M10xas long as short