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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0241%/8h= +26.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.053%
Price spread now: SunX against Orderly−2.429%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SunX is 2.429% cheaper against Orderly than usual: you would sell low and buy high (spread −2.429% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$243 on $10k: about 34 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ENA_USDC0.2173−0.0141get 0.0071% / 4h2h 01m$45K$26K10x
ShortSunX ENA-USDT0.21210.0100get 0.0050% / 4h2h 01m$894$893K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$50.66
Price spread: −2.429% → 0.000%
−$242.94
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$206.28
Costs to cover
0.140%
Break-even
35.5 days
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 71 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 SunX live order book, 71 min ago258.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
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
Orderly PERP_ENA_USDClong−0.0141%4h0.2173long leg$45K$26K10x
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2174+0.046%$67K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2174+0.038%$84K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−2.301%$522$57K5.5xas long as short
01 Exchange ENAUSD+0.0040%1h0.2170−0.156%$4K$27710xas long as short
Popdex ENAUSDT+0.0096%1h0.2169−0.202%$55K$477K50xas long as short
Nado ENA-PERP+0.0100%1h0.2170−0.163%$576K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2172−0.044%$117.8M$75.9M10xas long as short
Aster ENAUSDT+0.0100%4h0.2171−0.115%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2170−0.139%$407K$532K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2169−0.184%$131.3M$426.8M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2170−0.166%$87.6M$179.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2170−0.133%$21.7M$109.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2173−0.018%$21K$327K5xas long as short
Arcus ENA-USD+0.0100%1h0.2170−0.156%$80K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2172−0.068%$95K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2168−0.225%$11.5M$24.9M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2170−0.161%$48.4M$42.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2172−0.087%$25.3M$15.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2167−0.290%$49.2M$59.3M75xas long as short
BingX ENA-USDT+0.0100%4h0.2170−0.166%$31.4Mas long as short
Variational Omni ENA+0.0100%4h0.2182+0.380%$3.1M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2172−0.076%$256K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2172−0.079%$363K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2178+0.212%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2170−0.147%$192K$2.5M10xas long as short
SunX ENA-USDTshort+0.0100%4h0.2121−2.429%$894$893K20x
SoDEX ENA-USD+0.0100%1h0.2173−0.018%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2186+0.571%$274K$806K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2175+0.074%$1.8M$8.9M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2169−0.190%$49K$11010xas long as short
Extended ENA-USD+0.0104%1h0.2169−0.189%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2174+0.031%$76K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2176+0.133%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0158%1h0.2176+0.125%$2.7M$4.3M50xas long as short
dYdX ENA-USD+0.0187%1h0.2172−0.075%$143K$16K5xas long as short
Lighter ENA+0.0232%1h0.2172−0.078%$5.2M$13.4M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0310% / S −0.0753%1h0.2174+0.027%$60K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2172−0.055%$5.6M$3.2M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2169−0.217%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0511%1h0.2174+0.046%$398K$423K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2178+0.193%$894K$1.8M50xas long as short