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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.068%
Price spread now: BloFin against OKX−0.014%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$470.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.515%+$52 on $10k
Price spread, last 3 days (all we have)+1.364%+$136 · spread now −0.014%, 7d avg +0.103%
Together, before fees+1.879%+$188 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.117% cheaper against OKX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.103%). If the spread goes back, that is −$12 on $10k: about 39 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENA-USDT-SWAP0.21410.0100pay 0.0050% / 4h3h 31m$20.5M$119.1M50x
ShortBloFin ENA-USDT0.21410.0340get 0.0170% / 4h3h 31m$5.6M$8.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$50.4
Price spread: −0.014% → +0.103%
−$11.69
Slippage, 4 orders
−$24.69
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.98
Costs to cover
0.467%
Break-even
8.1 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago0.23 bp11.6 bp −$1226.0 bp −$26084.1 bp −$8,412doesn't fit
Sell BloFin live order book, 3 min ago2.35 bp12.4 bp −$1222.3 bp −$22371.1 bp −$7,109doesn't fit

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−0.0411%1h0.2142+0.061%$369K$492K5xas long as short
Phemex ENAUSDT−0.0147%4h0.2141+0.005%$1.9M$9.4M50xas long as short
Orderly PERP_ENA_USDC−0.0122%4h0.2141−0.005%$42K$23K10xas long as short
Phoenix ENA0.0000%1h0.2138−0.131%$6K$391K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2142+0.033%$95K$1.9M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2142+0.046%$98K150xas long as short
Kraken Futures PF_ENAUSD+0.0015%1h0.2142+0.049%$2.7M$6.1M50xas long as short
01 Exchange ENAUSD+0.0024%1h0.2142+0.061%$4K$43210xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.817%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2140−0.042%$58K$551K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h0.2141−0.008%$48K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2140−0.030%$662K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2140−0.019%$1.6M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.21410.000%$411K$611K10xas long as short
Binance ENAUSDT+0.0100%4h0.2141+0.009%$132.9M$473.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2140−0.028%$90.9M$196.5M50xas long as short
OKX ENA-USDT-SWAPlong+0.0100%4h0.2141long leg$20.5M$119.1M50x
Ondo Perps ENA-USD.P+0.0100%1h0.2138−0.131%$20K$452K5xas long as short
Arcus ENA-USD+0.0100%1h0.2141+0.005%$85K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2137−0.191%$90K$2K10xas long as short
Gate ENA_USDT+0.0100%4h0.2141−0.009%$10.6M$22.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2141+0.014%$46.9M$50.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2142+0.037%$24.0M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2140−0.051%$48.7M$67.1M75xas long as short
BingX ENA-USDC+0.0100%4h0.2141−0.009%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2127−0.650%$3.7M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2129−0.544%$254K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2130−0.497%$362K$4.5M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2131−0.462%$31K$714K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2141+0.019%$189K$3.1M10xas long as short
SunX ENA-USDT+0.0100%4h0.2090−2.378%$865$795K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2141+0.005%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2142+0.051%$277K$1.7M50xas long as short
Extended ENA-USD+0.0104%1h0.2141−0.015%$1.7M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2143+0.118%$79K$11K3xas long as short
GMX ENA/USD [ETH-USDC]L +0.0195% / S −0.0299%1h0.2141+0.018%$39K100xas long as short
Lighter ENA+0.0320%1h0.2144+0.131%$5.8M$13.5M10xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2141−0.014%$5.6M$8.4M75x
Reya ENARUSDPERP+0.0412%1h0.2140−0.048%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0456%1h0.2132−0.392%$815K$2.4M50xas long as short
Hyperliquid ENA+0.0597%1h0.2145+0.173%$114.3M$80.4M10xas long as short
dYdX ENA-USD+0.6044%1h0.2140−0.047%$141K$12K5xas long as short