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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.026%
Price spread now: Injective against SunX+2.704%61s7-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 7 days+0.157%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 2.704% dearer against SunX than usual: you sell high and buy low (spread +2.704% now, against zero (this spread has no 7-day history yet)): +$270 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. Mind the row above: over the last 7 days funding on this pair paid +0.157%, so the current rate has only just turned against you. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ENA-USDT0.20670.0100pay 0.0050% / 4h3h 31m$984$827K20x
ShortInjective ENA/USDC PERP0.21230.0033get 0.0004% / 1h31m 56s$522$57K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +2.704% → 0.000%
$270.37
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$248.35
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 20 min ago; Injective: 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 SunX live order book, 20 min ago330.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2120+2.520%$81K$1.7M50xas long as short
Backpack ENA_USDC_PERP+0.0002%1h0.2122+2.617%$378K$415K5xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2116+2.350%$97K150xas long as short
Orderly PERP_ENA_USDC+0.0028%4h0.2116+2.360%$41K$23K10xas long as short
dYdX ENA-USD+0.0028%1h0.2116+2.332%$140K$15K5xas long as short
Injective ENA/USDC PERPshort+0.0033%1h0.2123+2.704%$522$57K5.5x
Popdex ENAUSDT+0.0096%1h0.2113+2.201%$62K$519K50xas long as short
Nado ENA-PERP+0.0100%1h0.2114+2.249%$672K$1.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2121+2.580%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2114+2.264%$410K$552K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2121+2.600%$131.6M$443.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2122+2.617%$89.3M$185.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2122+2.617%$20.8M$109.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2116+2.326%$15K$399K5xas long as short
Arcus ENA-USD+0.0100%1h0.2115+2.297%$105K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117+2.370%$89K−$010xas long as short
Gate ENA_USDT+0.0100%4h0.2120+2.534%$10.8M$20.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2122+2.651%$46.0M$44.3M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2123+2.680%$24.4M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2121+2.602%$48.1M$61.5M75xas long as short
BingX ENA-USDT+0.0100%4h0.2120+2.544%$32.6Mas long as short
Variational Omni ENA+0.0100%4h0.2115+2.284%$3.8M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2113+2.219%$246K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2113+2.189%$356K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2118+2.443%$34K$686K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2115+2.297%$178K$2.4M10xas long as short
SunX ENA-USDTlong+0.0100%4h0.2067long leg$984$827K20x
SoDEX ENA-USD+0.0100%1h0.2120+2.539%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2117+2.399%$275K$1.2M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2120+2.539%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2113+2.218%$47K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2116+2.362%$74K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2116+2.336%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0224%1h0.2114+2.264%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0235%1h0.2122+2.621%$2.7M$5.1M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2116+2.350%$38K100xas long as short
Extended ENA-USD+0.0280%1h0.2122+2.613%$1.6M$4.3M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2117+2.399%$5.6M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2114+2.253%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2120+2.530%$837K$1.8M50xas long as short
Lighter ENA+0.0656%1h0.2123+2.680%$5.6M$12.6M10xas long as short
Hyperliquid ENA+0.0714%1h0.2124+2.738%$114.6M$75.3M10xas long as short