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+0.0081%/8h= +8.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.047%
Price spread now: MEXC against Orderly+0.066%7-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 5 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.066% dearer against Orderly than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ENA_USDC0.21090.0019pay 0.0009% / 4h3h 50m$41K$24K10x
ShortMEXC ENA_USDT0.21100.0100get 0.0050% / 4h3h 50m$45.9M$44.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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
$17.04
Price spread: +0.066% → 0.000%
$6.64
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee MEXC: 0 bp × 2 orders
$0
Net
$17.68
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 9 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 Orderly no order-book sample
Sell MEXC live order book, 9 min ago0.23 bp1.6 bp −$26.8 bp −$6841.0 bp −$4,10371.2 bp −$35.6K
Orderly: 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−0.0107%1h0.2111+0.095%$375K$419K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2110+0.057%$93K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2113+0.195%$104K150xas long as short
Gate ENA_USDT+0.0006%4h0.2109+0.019%$10.7M$20.6M50xas long as short
Orderly PERP_ENA_USDClong+0.0019%4h0.2109long leg$41K$24K10x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.702%$522$57K5.5xas long as short
dYdX ENA-USD+0.0085%1h0.2113+0.225%$140K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2112+0.161%$63K$525K50xas long as short
Nado ENA-PERP+0.0100%1h0.2113+0.204%$678K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2113+0.230%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2113+0.214%$409K$560K10xas long as short
Binance ENAUSDT+0.0100%4h0.2110+0.052%$130.9M$447.8M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2109+0.014%$88.7M$187.8M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2110+0.052%$20.6M$109.3M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2122+0.645%$15K$394K5xas long as short
Arcus ENA-USD+0.0100%1h0.2114+0.256%$84K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2126+0.825%$90K−$010xas long as short
MEXC ENA_USDTshort+0.0100%4h0.2110+0.066%$45.9M$44.0M200x
KuCoin ENAUSDTM+0.0100%4h0.2111+0.104%$24.2M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2108−0.009%$47.9M$62.8M75xas long as short
BingX ENA-USDT+0.0100%4h0.2110+0.052%$32.6Mas long as short
Variational Omni ENA+0.0100%4h0.2115+0.314%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2120+0.544%$245K$7.6M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2120+0.527%$353K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2120+0.541%$34K$714K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2113+0.199%$180K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2065−2.082%$1K$828K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2110+0.066%$4K$11K10xas long as short
HTX ENA-USDT+0.0100%4h0.2117+0.379%$275K$1.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2112+0.157%$47K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2110+0.052%$74K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2124+0.707%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0208%1h0.2115+0.304%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0237%1h0.2111+0.119%$2.7M$5.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2112+0.162%$38K100xas long as short
Extended ENA-USD+0.0256%1h0.2110+0.055%$1.6M$4.3M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2116+0.365%$5.6M$4.1M75xas long as short
Phemex ENAUSDT+0.0392%4h0.2110+0.066%$1.9M$9.3M50xas long as short
Reya ENARUSDPERP+0.0412%1h0.2113+0.198%$1K$5K15xas long as short
Lighter ENA+0.0568%1h0.2112+0.180%$5.6M$12.5M10xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2116+0.370%$836K$1.9M50xas long as short
Hyperliquid ENA+0.0610%1h0.2113+0.209%$113.9M$76.3M10xas long as short