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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: BingX against Injective−0.447%102s7-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−0.161%−$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.447% cheaper against Injective than usual: you would sell low and buy high (spread −0.447% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$45 on $10k: about 22 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ENA/USDC PERP0.21230.0033pay 0.0004% / 1h31m 30s$522$57K5.5x
ShortBingX ENA-USDT0.21140.0100get 0.0050% / 4h2h 31m$31.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
Price spread: −0.447% → 0.000%
−$44.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
−$40.76
Costs to cover
0.100%
Break-even
27.4 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 7 min ago. 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 Injective no order-book sample
Sell BingX live order book, 7 min ago0.95 bp5.9 bp −$67.4 bp −$7416.7 bp −$1,66964.8 bp −$32.4K
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
Orderly PERP_ENA_USDC−0.0144%4h0.2112−0.518%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2112−0.551%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2114−0.463%$82K150xas long as short
Gate ENA_USDT+0.0012%4h0.2113−0.476%$11.1M$23.7M50xas long as short
01 Exchange ENAUSD+0.0016%1h0.2114−0.424%$4K$27710xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Popdex ENAUSDT+0.0096%1h0.2111−0.584%$57K$467K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2113−0.477%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2113−0.490%$655K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2114−0.433%$114.8M$74.3M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2114−0.436%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2114−0.452%$397K$525K10xas long as short
Binance ENAUSDT+0.0100%4h0.2113−0.490%$128.1M$417.7M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2112−0.542%$85.4M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2113−0.494%$21.2M$104.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2118−0.268%$20K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2114−0.443%$79K$276K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2114−0.429%$46.8M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2113−0.485%$24.6M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2112−0.532%$48.0M$57.9M75xas long as short
BingX ENA-USDTshort+0.0100%4h0.2114−0.447%$31.2M
Variational Omni ENA+0.0100%4h0.2122−0.084%$3.1M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2113−0.483%$242K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2114−0.464%$351K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2114−0.443%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2112−0.518%$188K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2066−2.703%$1K$871K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2112−0.537%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2119−0.212%$267K$797K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2112−0.537%$1.8M$8.9M50xas long as short
Bulk ENA-USD+0.0100%1h0.2118−0.254%$93K−$010xas long as short
Extended ENA-USD+0.0104%1h0.2113−0.488%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2113−0.470%$74K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2115−0.386%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0163%1h0.2113−0.497%$2.6M$4.3M50xas long as short
Lighter ENA+0.0208%1h0.2116−0.344%$5.2M$13.0M10xas long as short
dYdX ENA-USD+0.0294%1h0.2115−0.419%$140K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0358%1h0.2113−0.485%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2114−0.462%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2112−0.548%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0597%1h0.2113−0.494%$358K$400K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2131+0.348%$872K$1.7M50xas long as short