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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.034%
Price spread now: Injective against Extended+0.185%60s7-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+0.119%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.185% dearer against Extended than usual: you sell high and buy low (spread +0.185% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.119%, so the current rate has only just turned against you. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21190.0104pay 0.0013% / 1h20m 11s$1.6M$4.1M50x
ShortInjective ENA/USDC PERP0.21230.0033get 0.0004% / 1h20m 11s$522$57K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: +0.185% → 0.000%
$18.46
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1.4
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 4 min ago; Injective: 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 ago0.23 bp5.5 bp −$512.2 bp −$122doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Backpack ENA_USDC_PERP−0.0173%1h0.2120+0.048%$364K$397K5xas long as short
Orderly PERP_ENA_USDC−0.0070%4h0.2119−0.032%$44K$25K10xas long as short
01 Exchange ENAUSD−0.0064%1h0.2120+0.043%$4K$30210xas long as short
Deribit ENA_USDC-PERPETUAL−0.0033%1h0.2119−0.028%$79K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2119−0.023%$82K150xas long as short
Injective ENA/USDC PERPshort+0.0033%1h0.2123+0.185%$522$57K5.5x
Phoenix ENA+0.0076%1h0.2119−0.047%$8K$266K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2119−0.023%$56K$475K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2120+0.034%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2119−0.007%$658K$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ENA+0.0100%1h0.2122+0.123%$115.6M$75.1M10xas long as short
Aster ENAUSDT+0.0100%4h0.2120+0.028%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2122+0.127%$406K$516K10xas long as short
Binance ENAUSDT+0.0100%4h0.2119−0.014%$129.1M$416.4M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2118−0.065%$85.6M$175.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2119−0.014%$20.8M$103.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2118−0.065%$18K$317K5xas long as short
Arcus ENA-USD+0.0100%1h0.2121+0.071%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.141%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2119−0.014%$11.1M$22.2M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2119−0.018%$46.1M$41.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2120+0.029%$24.6M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2118−0.089%$48.1M$57.5M75xas long as short
BingX ENA-USDT+0.0100%4h0.2119−0.028%$32.3Mas long as short
Variational Omni ENA+0.0100%4h0.2118−0.067%$3.1M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2118−0.066%$245K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2118−0.077%$350K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2118−0.070%$20K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2119−0.009%$183K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2071−2.297%$902$848K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2120+0.024%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2123+0.161%$274K$797K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2119−0.023%$1.8M$8.8M50xas long as short
Extended ENA-USDlong+0.0104%1h0.2119long leg$1.6M$4.1M50x
Aevo ENA-PERP+0.0104%1h0.2120+0.008%$74K$4K3xas long as short
Lighter ENA+0.0120%1h0.2123+0.156%$5.2M$13.5M10xas long as short
dYdX ENA-USD+0.0131%1h0.2121+0.081%$140K$15K5xas long as short
Kraken Futures PF_ENAUSD+0.0242%1h0.2121+0.094%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0358%1h0.2119−0.035%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2120+0.015%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2118−0.052%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2127+0.350%$869K$1.7M50xas long as short