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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.063%
Price spread now: 01 Exchange against Arcus+0.053%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.053% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus ENA-USD0.20840.0100pay 0.0013% / 1h59m 38s$81K$223K10x
Short01 Exchange ENAUSD0.20850.0136get 0.0017% / 1h59m 38s$4K$43210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Arcus. 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
$7.56
Price spread: +0.053% → 0.000%
$5.28
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$1.34
Costs to cover
0.115%
Break-even
5.8 days
Slippage unknown: Arcus: live order book, 24 min ago; 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 Arcus live order book, 24 min ago9.48 bp12.5 bp −$1223.8 bp −$238doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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+0.048%$360K$487K5xas long as short
Orderly PERP_ENA_USDC−0.0079%4h0.2085+0.043%$40K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2085+0.053%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2084+0.013%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.891%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2080−0.178%$5K$394K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2083−0.048%$59K$538K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2082−0.091%$47K$22110xas long as short
Aster ENAUSDT+0.0100%4h0.2084+0.009%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2083−0.030%$403K$587K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2084+0.003%$128.1M$465.0M75xas long as short
Bybit ENAUSDT+0.0100%4h0.20840.000%$86.7M$193.8M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2083−0.038%$20.1M$112.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2085+0.034%$20K$412K5xas long as short
Arcus ENA-USDlong+0.0100%1h0.2084long leg$81K$223K10x
Gate ENA_USDT+0.0100%4h0.2083−0.048%$10.4M$21.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2083−0.062%$45.1M$46.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2084+0.005%$23.8M$16.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2081−0.125%$47.1M$65.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2083−0.058%$33.0Mas long as short
Variational Omni ENA+0.0100%4h0.2082−0.092%$3.8M$10.4Mas long as short
edgeX ENAUSDC+0.0100%4h0.2083−0.052%$247K$7.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2082−0.092%$352K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2082−0.096%$31K$712K50xas long as short
Nado ENA-PERP+0.0100%1h0.2083−0.065%$653K$1.8M10xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2085+0.048%$188K$2.8M10xas long as short
SunX ENA-USDT+0.0100%4h0.2034−2.418%$1K$813K20xas long as short
SoDEX ENA-USD+0.0100%1h0.20840.000%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2085+0.053%$270K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.20840.000%$1.9M$9.2M50xas long as short
Bulk ENA-USD+0.0100%1h0.2083−0.025%$88K$2K10xas long as short
Aevo ENA-PERP+0.0104%1h0.2085+0.048%$77K$11K3xas long as short
Kraken Futures PF_ENAUSD+0.0105%1h0.2084+0.016%$2.6M$5.8M50xas long as short
01 Exchange ENAUSDshort+0.0136%1h0.2085+0.053%$4K$43210x
Extended ENA-USD+0.0192%1h0.2082−0.081%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0216% / S −0.0165%1h0.2084+0.020%$50K100xas long as short
Lighter ENA+0.0312%1h0.2086+0.091%$5.6M$12.9M10xas long as short
BloFin ENA-USDT+0.0340%4h0.2083−0.048%$5.5M$8.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2084−0.002%$1K$5K15xas long as short
Hyperliquid ENA+0.0479%1h0.2086+0.082%$109.9M$80.2M10xas long as short
Coinbase International ENA-PERP-INTX+0.0536%1h0.2086+0.077%$797K$2.1M50xas long as short
dYdX ENA-USD+0.4846%1h0.2084−0.005%$138K$15K5xas long as short