After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.040%7d average−0.059%fees + slippage, in and out−$48spread needed0.485%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ENA_USDC_PERP | 0.2240 | 0.0100 | pay 0.0013% / 1h | 59m 57s | $383K | $760K | 5x |
| Short | Gate ENA_USDT | 0.2241 | −0.0008 | pay 0.0004% / 4h | 1h 59m | $11.2M | $30.9M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.02
- Funding while held
- −$3.24
- Slippage, 4 orders
- −$23.48
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$47.7
- Spread needed to break even
- 0.485%
Slippage from Backpack: live order book, 45 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0108%
- Per $10,000 a day
- −$3.24
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 45 min ago | 0.88 bp | 7.6 bp −$8 | 43.8 bp −$438 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.12 bp | 16.5 bp −$16 | 35.5 bp −$355 | 60.2 bp −$6,020 | 98.0 bp −$49.0K |
ENA price on every exchange
against the cheapest. Click to use as the short leg.ENA on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ENA/USDC PERP | −2.950% | +0.0033% | 1h | $535 | $3K | 5.5x | as long as short |
| SunX ENA-USDT | −2.236% | +0.0100% | 4h | $848 | $762K | 20x | as long as short |
| Phemex ENAUSDT | −0.156% | +0.0100% | 4h | $1.8M | $9.3M | 50x | as long as short |
| Aevo ENA-PERP | −0.083% | +0.0104% | 1h | $82K | $11K | 3x | as long as short |
| SoDEX ENA-USD | −0.067% | +0.0100% | 1h | $4K | $18K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | −0.067% | −0.0152% | 1h | $114K | $2.3M | 50x | as long as short |
| Bitget ENAUSDT | −0.058% | +0.0100% | 4h | $52.1M | $79.2M | 75x | as long as short |
| Kraken Futures PF_ENAUSD | −0.049% | −0.0408% | 1h | $2.7M | $10.4M | 50x | as long as short |
| Orderly PERP_ENA_USDC | −0.031% | −0.0102% | 4h | $46K | $37K | 10x | as long as short |
| OKX ENA-USDT-SWAP | −0.027% | +0.0100% | 4h | $22.5M | $166.9M | 50x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ENA-USD | −0.015% | +0.0104% | 1h | $1.6M | $3.8M | 50x | as long as short |
| Bybit ENAUSDT | −0.013% | +0.0100% | 4h | $95.7M | $225.3M | 50x | as long as short |
| Backpack ENA_USDC_PERPlong | 0.000% | +0.0100% | 1h | $383K | $760K | 5x | |
| BingX ENA-USDC | +0.009% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Binance ENAUSDT | +0.018% | +0.0100% | 4h | $143.3M | $546.7M | 75x | as long as short |
| MEXC ENA_USDT | +0.022% | +0.0100% | 4h | $51.5M | $65.9M | 200x | as long as short |
| Aster ENAUSDT | +0.036% | +0.0100% | 4h | $1.7M | $3.0M | 50x | as long as short |
| Gate ENA_USDTshort | +0.040% | −0.0008% | 4h | $11.2M | $30.9M | 50x | |
| HTX ENA-USDT | +0.045% | +0.0100% | 4h | $249K | $2.3M | 50x | as long as short |
| KuCoin ENAUSDTM | +0.062% | +0.0100% | 4h | $24.1M | $18.0M | 75x | as long as short |
| Nado ENA-PERP | +0.065% | +0.0100% | 1h | $652K | $2.0M | 10x | as long as short |
| gTrade (Gains Network) ENA/USD | +0.088% | L +0.0003% / S −0.0003% | 1h | $101K | — | 150x | as long as short |
| GMX ENA/USD [ETH-USDC] | +0.091% | L +0.0091% / S −0.0028% | 1h | $19K | — | 100x | as long as short |
| Reya ENARUSDPERP | +0.096% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Paradex ENA-USD-PERP | +0.104% | +0.0100% | 8h | $50K | $896 | 10x | as long as short |
| Popdex ENAUSDT | +0.112% | +0.0096% | 1h | $65K | $584K | 50x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.112% | +0.0656% | 1h | $962K | $3.7M | 50x | as long as short |
| Hyperliquid ENA | +0.125% | +0.0482% | 1h | $116.7M | $93.3M | 10x | as long as short |
| Pacifica ENA | +0.128% | +0.0100% | 1h | $449K | $756K | 10x | as long as short |
| Polymarket Perps ENA-USD | +0.143% | +0.0100% | 1h | $173K | $4.3M | 10x | as long as short |
| 01 Exchange ENAUSD | +0.147% | −0.0200% | 1h | $5K | $3K | 10x | as long as short |
| dYdX ENA-USD | +0.156% | +0.2713% | 1h | $138K | $889 | 5x | as long as short |
| Arcus ENA-USD | +0.156% | +0.0100% | 1h | $106K | $328K | 10x | as long as short |
| Lighter ENA | +0.170% | +0.0384% | 1h | $6.0M | $17.4M | 10x | as long as short |
| Variational Omni ENA | +0.184% | +0.0100% | 4h | $5.1M | $9.5M | — | as long as short |
| BloFin ENA-USDT | +0.237% | +0.0340% | 4h | $6.2M | $12.2M | 75x | as long as short |
| Phoenix ENA | +0.250% | +0.0070% | 1h | $6K | $446K | 10x | as long as short |
| edgeX ENAUSDC | +0.253% | +0.0100% | 4h | $268K | $9.3M | 20x | as long as short |
| ApeX Omni ENAUSDT | +0.335% | +0.0100% | 1h | $38K | $691K | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.415% | +0.0100% | 1h | $21K | $585K | 5x | as long as short |
| Bulk ENA-USD | +0.512% | +0.0100% | 1h | $94K | −$0 | 10x | as long as short |
Backpack ENA_USDC_PERP
Gate ENA_USDT
Injective
SunX
Phemex
SoDEX
Deribit
Bitget
Kraken Futures
OKX
Extended
Bybit
BingX
Binance
MEXC
Aster
HTX
KuCoin
gTrade (Gains Network)
GMX
Paradex
Popdex
Coinbase International
Hyperliquid
Pacifica
Polymarket Perps
Lighter
Variational Omni
BloFin
Phoenix
ApeX Omni
Bulk