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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.064%
Price spread now: 01 Exchange against Aevo−0.077%7-day average · you buy dearer than you sell
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 feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.077% cheaper against Aevo than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ENA-PERP0.20870.0104pay 0.0013% / 1h59m 16s$77K$11K3x
Short01 Exchange ENAUSD0.20850.0136get 0.0017% / 1h59m 16s$4K$43210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$6.72
Price spread: −0.077% → 0.000%
−$7.72
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$24
Costs to cover
0.230%
Break-even
32.0 days
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample
Sell 01 Exchange no order-book sample
Aevo and 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
Backpack ENA_USDC_PERP−0.0281%1h0.2085−0.082%$360K$487K5xas long as short
Orderly PERP_ENA_USDC−0.0078%4h0.2086−0.039%$40K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.20870.000%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2086−0.036%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.758%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0067%1h0.2088+0.049%$2.6M$5.8M50xas long as short
Phoenix ENA+0.0076%1h0.2084−0.111%$5K$352K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2083−0.178%$59K$538K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2082−0.221%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2083−0.197%$653K$1.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2086−0.042%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2083−0.160%$403K$587K10xas long as short
Binance ENAUSDT+0.0100%4h0.2086−0.012%$128.3M$465.0M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2086−0.015%$86.8M$193.8M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2087+0.014%$20.2M$113.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2085−0.096%$20K$412K5xas long as short
Arcus ENA-USD+0.0100%1h0.2084−0.130%$81K$223K10xas long as short
Gate ENA_USDT+0.0100%4h0.2085−0.082%$10.4M$21.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2087+0.009%$45.1M$46.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2084−0.106%$23.8M$16.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2084−0.111%$47.2M$65.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2086−0.053%$33.0Mas long as short
Variational Omni ENA+0.0100%4h0.2082−0.222%$3.8M$10.4Mas long as short
edgeX ENAUSDC+0.0100%4h0.2083−0.182%$247K$7.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2082−0.222%$352K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2082−0.226%$31K$712K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2086−0.024%$189K$2.8M10xas long as short
SunX ENA-USDT+0.0100%4h0.2035−2.497%$1K$813K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2086−0.034%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2093+0.297%$271K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2086−0.034%$1.9M$9.2M50xas long as short
Bulk ENA-USD+0.0100%1h0.2083−0.155%$88K$2K10xas long as short
Aevo ENA-PERPlong+0.0104%1h0.2087long leg$77K$11K3x
01 Exchange ENAUSDshort+0.0136%1h0.2085−0.077%$4K$43210x
Extended ENA-USD+0.0192%1h0.2086−0.053%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0216% / S −0.0165%1h0.2086−0.023%$50K100xas long as short
Lighter ENA+0.0312%1h0.2089+0.105%$5.6M$12.9M10xas long as short
BloFin ENA-USDT+0.0340%4h0.2086−0.029%$5.5M$8.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2085−0.077%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2086−0.053%$797K$2.1M50xas long as short
Hyperliquid ENA+0.0674%1h0.2088+0.043%$110.0M$80.2M10xas long as short
dYdX ENA-USD+0.4846%1h0.2084−0.135%$138K$15K5xas long as short