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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against Aster−0.193%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.313%+$31 on $10k
Price spread, last 3 days (all we have)+0.780%+$78 · spread now −0.193%, 7d avg +0.030%
Together, before fees+1.093%+ Points / potential airdropAster: Stage 5 · farm board+$109 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.223% cheaper against Aster than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of +0.030%). If the spread goes back, that is −$22 on $10k: about 3.1 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ENAUSDT0.20910.0100pay 0.0050% / 4h2h 10m$1.5M$3.3M50x
ShortBloFin ENA-USDT0.20870.0340get 0.0170% / 4h2h 10m$5.5M$8.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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: −0.193% → +0.030%
−$22.3
Slippage, 4 orders
−$22.31
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.21
Costs to cover
0.423%
Break-even
9.0 days
Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago2.39 bp9.6 bp −$1020.8 bp −$208doesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago0.24 bp11.4 bp −$1121.3 bp −$21368.2 bp −$6,822doesn'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
Backpack ENA_USDC_PERP−0.0289%1h0.2092+0.041%$361K$483K5xas long as short
Orderly PERP_ENA_USDC−0.0082%4h0.2088−0.140%$41K$23K10xas long as short
01 Exchange ENAUSD−0.0008%1h0.2088−0.155%$4K$43210xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2089−0.092%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2087−0.161%$96K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.558%$522$57K5.5xas long as short
Gate ENA_USDT+0.0062%4h0.2091−0.011%$10.4M$21.7M50xas long as short
Phoenix ENA+0.0076%1h0.2094+0.175%$5K$394K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2086−0.231%$59K$538K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2091+0.006%$47K$22110xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2086−0.226%$654K$1.8M10xas long as short
Aster ENAUSDTlong+0.0100%4h0.2091long leg$1.5M$3.3M50x
Pacifica ENA+0.0100%1h0.2091+0.031%$405K$593K10xas long as short
Binance ENAUSDT+0.0100%4h0.2091+0.013%$128.9M$465.5M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2090−0.021%$87.1M$193.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2092+0.041%$20.2M$113.4M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2089−0.069%$19K$423K5xas long as short
Arcus ENA-USD+0.0100%1h0.2087−0.183%$82K$223K10xas long as short
Bulk ENA-USD+0.0100%1h0.2087−0.190%$88K$2K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2091−0.011%$45.4M$49.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2091+0.022%$24.0M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2090−0.049%$47.3M$66.0M75xas long as short
BingX ENA-USDT+0.0100%4h0.2091−0.006%$32.1Mas long as short
Variational Omni ENA+0.0100%4h0.2096+0.269%$3.8M$10.4Mas long as short
edgeX ENAUSDC+0.0100%4h0.2098+0.324%$249K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2091+0.008%$349K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2098+0.343%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2088−0.155%$182K$3.0M10xas long as short
SunX ENA-USDT+0.0100%4h0.2038−2.536%$1K$809K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2088−0.136%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2097+0.290%$271K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2090−0.040%$1.9M$9.3M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2089−0.094%$77K$11K3xas long as short
Kraken Futures PF_ENAUSD+0.0104%1h0.2089−0.068%$2.6M$5.8M50xas long as short
Extended ENA-USD+0.0184%1h0.2090−0.038%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0214% / S −0.0163%1h0.2087−0.184%$50K100xas long as short
Lighter ENA+0.0304%1h0.2094+0.132%$5.6M$13.2M10xas long as short
BloFin ENA-USDTshort+0.0340%4h0.2087−0.193%$5.5M$8.1M75x
Hyperliquid ENA+0.0350%1h0.2093+0.123%$110.4M$80.8M10xas long as short
Reya ENARUSDPERP+0.0412%1h0.2086−0.224%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0536%1h0.2090−0.059%$800K$2.1M50xas long as short
dYdX ENA-USD+0.5372%1h0.2091−0.015%$138K$15K5xas long as short