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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0312%/8h= −34.1% APRnext payment $0.39 per $10,000 · paid last 24h −0.093%
Price spread now: Pacifica against Reya+0.062%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 airdropReya: Active · Pacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.062% dearer against Reya than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ENARUSDPERP0.21170.0412pay 0.0051% / 1h54m 22s$1K$5K15x
ShortPacifica ENA0.21180.0100get 0.0013% / 1h54m 22s$414K$519K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Reya. 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
−$65.47
Price spread: +0.062% → 0.000%
$6.16
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$73.31
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Pacifica: 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 Reya no order-book sample
Sell Pacifica live order book, 9 min ago1.41 bp9.6 bp −$10doesn't fitdoesn't fitdoesn't fit
Reya: 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 41 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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2119+0.086%$79K$1.3M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2118+0.038%$87K150xas long as short
Orderly PERP_ENA_USDC+0.0025%4h0.2118+0.034%$44K$27K10xas long as short
01 Exchange ENAUSD+0.0032%1h0.2118+0.038%$4K$30210xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.308%$522$57K5.5xas long as short
dYdX ENA-USD+0.0058%1h0.2120+0.129%$140K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2115−0.089%$54K$500K50xas long as short
Nado ENA-PERP+0.0100%1h0.2116−0.054%$683K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2119+0.081%$113.9M$71.1M10xas long as short
Aster ENAUSDT+0.0100%4h0.2118+0.030%$1.5M$3.3M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENAshort+0.0100%1h0.2118+0.062%$414K$519K10x
Binance ENAUSDT+0.0100%4h0.2118+0.056%$130.3M$427.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2118+0.053%$86.7M$178.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2119+0.105%$20.8M$103.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2121+0.175%$19K$383K5xas long as short
Arcus ENA-USD+0.0100%1h0.2117+0.005%$78K$288K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117+0.005%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2117+0.020%$11.1M$21.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2118+0.034%$45.5M$41.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2118+0.053%$24.6M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2116−0.023%$48.2M$58.3M75xas long as short
BingX ENA-USDT+0.0100%4h0.2118+0.034%$32.4Mas long as short
Variational Omni ENA+0.0100%4h0.2128+0.525%$3.8M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2115−0.088%$247K$7.4M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2114−0.128%$360K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2115−0.089%$32K$646K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2118+0.034%$182K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2068−2.324%$1K$841K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2118+0.053%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2123+0.284%$276K$787K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2118+0.053%$1.8M$8.8M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2118+0.030%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2118+0.053%$74K$4K3xas long as short
Extended ENA-USD+0.0136%1h0.2118+0.045%$1.6M$4.1M50xas long as short
Lighter ENA+0.0152%1h0.2120+0.171%$5.5M$13.6M10xas long as short
Phoenix ENA+0.0188%1h0.2121+0.190%$7K$298K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0206%1h0.2118+0.042%$50K100xas long as short
Backpack ENA_USDC_PERP+0.0266%1h0.2120+0.171%$381K$359K5xas long as short
Kraken Futures PF_ENAUSD+0.0284%1h0.2119+0.110%$2.7M$4.3M50xas long as short
Reya ENARUSDPERPlong+0.0412%1h0.2117long leg$1K$5K15x
Coinbase International ENA-PERP-INTX+0.0664%1h0.2131+0.681%$838K$1.6M50xas long as short