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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.044%
Price spread now: 01 Exchange against Pacifica+0.055%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.055% dearer against Pacifica than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ENA0.21110.0100pay 0.0013% / 1h44m 21s$414K$548K10x
Short01 Exchange ENAUSD0.21130.0032get 0.0004% / 1h44m 21s$4K$30210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Pacifica. 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
−$14.28
Price spread: +0.055% → 0.000%
$5.49
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$23.79
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 24 min ago; 01 Exchange: 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 Pacifica live order book, 24 min ago1.38 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2115+0.163%$91K150xas long as short
01 Exchange ENAUSDshort+0.0032%1h0.2113+0.055%$4K$30210x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.566%$522$57K5.5xas long as short
dYdX ENA-USD+0.0034%1h0.2113+0.060%$140K$15K5xas long as short
Orderly PERP_ENA_USDC+0.0038%4h0.2116+0.225%$41K$23K10xas long as short
Backpack ENA_USDC_PERP+0.0084%1h0.2110−0.049%$365K$383K5xas long as short
Lighter ENA+0.0096%1h0.2113+0.060%$5.5M$13.6M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2114+0.121%$53K$526K50xas long as short
Nado ENA-PERP+0.0100%1h0.2114+0.112%$699K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2112+0.005%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENAlong+0.0100%1h0.2111long leg$414K$548K10x
Binance ENAUSDT+0.0100%4h0.2115+0.170%$131.7M$445.4M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2116+0.225%$86.7M$186.9M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2117+0.244%$21.0M$108.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2111−0.026%$16K$405K5xas long as short
Arcus ENA-USD+0.0100%1h0.2114+0.121%$115K$253K10xas long as short
Gate ENA_USDT+0.0100%4h0.2114+0.126%$10.9M$21.0M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2113+0.074%$44.5M$43.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2114+0.117%$24.4M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2116+0.230%$47.9M$61.2M75xas long as short
BingX ENA-USDC+0.0100%4h0.2115+0.159%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2109−0.112%$3.8M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2116+0.231%$242K$7.6M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2130+0.879%$360K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2116+0.216%$32K$691K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2114+0.107%$178K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2062−2.323%$1K$846K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2117+0.263%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2111−0.011%$273K$1.0M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2107−0.210%$1.9M$9.3M50xas long as short
Bulk ENA-USD+0.0100%1h0.2117+0.252%$93K$4K10xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2111−0.027%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2117+0.251%$74K$4K3xas long as short
Deribit ENA_USDC-PERPETUAL+0.0128%1h0.2117+0.268%$79K$1.6M50xas long as short
Phoenix ENA+0.0188%1h0.2117+0.254%$7K$351K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0206%1h0.2114+0.143%$50K100xas long as short
Kraken Futures PF_ENAUSD+0.0252%1h0.2118+0.324%$2.7M$4.9M50xas long as short
Extended ENA-USD+0.0288%1h0.2117+0.255%$1.6M$4.2M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2132+0.993%$5.7M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2112+0.011%$1K$5K15xas long as short
Hyperliquid ENA+0.0436%1h0.2115+0.188%$113.9M$74.5M10xas long as short
Coinbase International ENA-PERP-INTX+0.0648%1h0.2111−0.026%$829K$1.7M50xas long as short