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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against SunX+2.364%55s7-day average +2.506% · 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 7 days+0.441%+$44 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now +2.364%, 7d avg +2.506%
Together, before fees+0.535%+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.142% cheaper against SunX than usual: you would sell low and buy high (spread +2.364% now, against its 7-day average of +2.506%). If the spread goes back, that is −$14 on $10k: about 47 hours of funding at the current rate (+$7 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ENA-USDT0.20560.0100pay 0.0050% / 4h17m 25s$1K$908K20x
ShortBloFin ENA-USDT0.21040.0340get 0.0170% / 4h17m 25s$5.6M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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: +2.364% → +2.506%
−$14.16
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.24
Costs to cover
0.200%
Break-even
4.7 days
Slippage unknown: SunX: live order book, 35 min ago; BloFin: live order book, 6 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 SunX live order book, 35 min ago262.95 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago5.24 bp14.0 bp −$1424.0 bp −$24064.5 bp −$6,449doesn'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
Orderly PERP_ENA_USDC−0.0088%4h0.2106+2.427%$44K$17K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2107+2.481%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2106+2.437%$81K150xas long as short
01 Exchange ENAUSD+0.0024%1h0.2107+2.500%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+3.288%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2105+2.393%$53K$484K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2106+2.423%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2105+2.386%$563K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2107+2.505%$114.3M$74.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2107+2.505%$1.4M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2106+2.461%$406K$563K10xas long as short
Binance ENAUSDT+0.0100%4h0.2107+2.473%$128.2M$425.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2104+2.364%$90.3M$187.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2105+2.418%$21.1M$106.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2107+2.500%$33K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2108+2.539%$78K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2105+2.393%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2107+2.471%$12.8M$27.2M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2106+2.442%$39.2M$43.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2107+2.486%$24.8M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2104+2.349%$47.8M$59.8M75xas long as short
BingX ENA-USDT+0.0100%4h0.2106+2.447%$31.4Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2106+2.442%$408K$486K5xas long as short
Variational Omni ENA+0.0100%4h0.2097+2.023%$3.0M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2104+2.366%$254K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2105+2.398%$355K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2106+2.442%$19K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2106+2.422%$181K$2.6M10xas long as short
SunX ENA-USDTlong+0.0100%4h0.2056long leg$1K$908K20x
SoDEX ENA-USD+0.0100%1h0.2106+2.442%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2108+2.525%$265K$814K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2104+2.345%$1.8M$8.9M50xas long as short
Lighter ENA+0.0104%1h0.2107+2.510%$5.0M$13.9M10xas long as short
Extended ENA-USD+0.0104%1h0.2106+2.418%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2107+2.473%$74K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0149%1h0.2107+2.492%$2.6M$4.4M50xas long as short
Phoenix ENA+0.0190%1h0.2104+2.354%$13K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0754%1h0.2106+2.442%$58K100xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2104+2.364%$5.6M$3.4M75x
Reya ENARUSDPERP+0.0412%1h0.2105+2.377%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2098+2.048%$867K$1.8M50xas long as short
dYdX ENA-USD+0.0945%1h0.2105+2.418%$139K$16K5xas long as short