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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0071%/8h= −7.8% APRnext payment $0.09 per $10,000 · paid last 24h −0.033%
Price spread now: Deribit against Aevo+0.030%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 7 days−0.131%−$13 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. Deribit is 0.030% dearer against Aevo than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ENA-PERP0.21190.0104pay 0.0013% / 1h17m 58s$74K$4K3x
ShortDeribit ENA_USDC-PERPETUAL0.21190.0033get 0.0004% / 1h17m 58s$105K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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
−$14.87
Price spread: +0.030% → 0.000%
$2.97
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$34.89
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 4 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 Aevo no order-book sample
Sell Deribit live order book, 4 min ago3.31 bp6.8 bp −$715.6 bp −$156doesn't fitdoesn't fit
Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ENAUSD−0.0242%1h0.2120+0.059%$2.6M$4.2M50xas long as short
Orderly PERP_ENA_USDC−0.0171%4h0.2118−0.032%$44K$14K10xas long as short
01 Exchange ENAUSD−0.0152%1h0.2118−0.046%$4K$16910xas long as short
Bitget ENAUSDT−0.0028%4h0.2117−0.088%$47.7M$58.5M75xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2114−0.216%$81K150xas long as short
Injective ENA/USDC PERP+0.0026%1h0.2122+0.157%$734$57K5.5xas long as short
Deribit ENA_USDC-PERPETUALshort+0.0033%1h0.2119+0.030%$105K$1.1M50x
Bybit ENAUSDT+0.0093%4h0.2117−0.079%$86.5M$187.9M50xas long as short
Lighter ENA+0.0096%1h0.2119+0.016%$5.0M$13.0M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2119+0.020%$57K$391K50xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h0.2115−0.169%$47K10xas long as short
Nado ENA-PERP+0.0100%1h0.2117−0.060%$592K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2117−0.079%$113.8M$78.1M10xas long as short
Aster ENAUSDT+0.0100%4h0.2119+0.020%$1.3M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2114−0.213%$390K$540K10xas long as short
Binance ENAUSDT+0.0100%4h0.2118−0.014%$127.8M$415.8M75xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2118−0.041%$21.0M$103.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2114−0.235%$33K$326K5xas long as short
Arcus ENA-USD+0.0100%1h0.2117−0.074%$79K$239K10xas long as short
Bulk ENA-USD+0.0100%1h0.2109−0.452%$103K$12K10xas long as short
Gate ENA_USDT+0.0100%4h0.2117−0.051%$13.7M$27.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2118−0.041%$42.3M$43.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2117−0.074%$24.9M$15.8M75xas long as short
BingX ENA-USDC+0.0100%4h0.2117−0.055%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2108−0.484%$3.0M$8.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2112−0.327%$245K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2109−0.452%$362K$4.5M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2111−0.357%$19K$644K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2119+0.030%$167K$2.7M10xas long as short
SunX ENA-USDT+0.0100%4h0.2063−2.637%$1K$924K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2119+0.020%$6K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2122+0.186%$265K$827K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116−0.121%$1.9M$9.0M50xas long as short
Extended ENA-USD+0.0104%1h0.2115−0.153%$1.6M$4.8M50xas long as short
Aevo ENA-PERPlong+0.0104%1h0.2119long leg$74K$4K3x
Phoenix ENA+0.0112%1h0.2113−0.282%$13K$306K10xas long as short
dYdX ENA-USD+0.0142%1h0.2119+0.017%$140K$15K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0756%1h0.2114−0.192%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2113−0.244%$5.5M$3.3M75xas long as short
Reya ENARUSDPERP+0.0411%1h0.2117−0.086%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0496%1h0.2116−0.102%$770K$2.0M50xas long as short
Backpack ENA_USDC_PERP+0.0526%1h0.2118−0.041%$411K$482K5xas long as short