data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

ENA

all ENA markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.165%7d average+0.062%fees + slippage, in and out−$35spread needed0.355%
Long on BackpackShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ENA_USDC_PERP0.22440.0100pay 0.0013% / 1h0m 55s$383K$760K5x
ShortHyperliquid ENA0.22470.0483get 0.0060% / 1h0m 55s$116.9M$93.3M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$16.49
Funding while held
$11.49
Slippage, 4 orders
−$16.47
Fee Backpack: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$7.49
Spread needed to break even
0.355%
Slippage from Backpack: live order book, 44 min ago; Hyperliquid: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0383%
Per $10,000 a day
+$11.49
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 44 min ago0.88 bp7.6 bp −$843.8 bp −$438doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.33 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit

ENA price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.2174cheapestSunX0.2193+0.851%Extended0.2242+3.112%Orderly0.2242+3.118%Bitget0.2242+3.123%GMX0.2243+3.151%Reya0.2243+3.153%MEXC0.2243+3.155%Aevo0.2243+3.155%SoDEX0.2243+3.155%Bybit0.2243+3.164%gTrade (Gains Network)0.2243+3.168%OKX0.2243+3.169%Gate0.2243+3.169%BingX0.2243+3.169%Binance0.2244+3.182%
Backpack0.2244+3.182%
KuCoin0.2244+3.187%Deribit0.2244+3.187%Kraken Futures0.2244+3.190%01 Exchange0.2244+3.192%Phemex0.2244+3.201%Pacifica0.2245+3.241%Aster0.2245+3.241%Nado0.2245+3.242%Arcus0.2245+3.247%Popdex0.2245+3.247%Paradex0.2245+3.251%Polymarket Perps0.2246+3.284%BloFin0.2246+3.284%Phoenix0.2246+3.297%edgeX0.2246+3.301%dYdX0.2246+3.307%
Hyperliquid0.2247+3.353%
ApeX Omni0.2248+3.385%Lighter0.2248+3.403%HTX0.2249+3.435%Variational Omni0.2249+3.449%Ondo Perps0.2250+3.468%Bulk0.2252+3.567%Coinbase International0.2255+3.707%

ENA on 41 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ENA/USDC PERP−3.084%+0.0033%1h$535$3K5.5xas long as short
SunX ENA-USDT−2.260%+0.0100%4h$968$762K20xas long as short
Extended ENA-USD−0.068%+0.0104%1h$1.6M$3.8M50xas long as short
Orderly PERP_ENA_USDC−0.062%−0.0102%4h$46K$37K10xas long as short
Bitget ENAUSDT−0.058%+0.0100%4h$52.1M$79.2M75xas long as short
GMX ENA/USD [ETH-USDC]−0.031%L +0.0092% / S −0.0028%1h$19K—100xas long as short
Reya ENARUSDPERP−0.029%+0.0412%1h$1K$5K15xas long as short
MEXC ENA_USDT−0.027%+0.0100%4h$51.5M$65.9M200xas long as short
Aevo ENA-PERP−0.027%+0.0104%1h$82K$11K3xas long as short
SoDEX ENA-USD−0.027%+0.0100%1h$4K$18K10xas long as short
Show all 41 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ENAUSDT−0.018%+0.0100%4h$95.8M$225.2M50xas long as short
gTrade (Gains Network) ENA/USD−0.014%L +0.0003% / S −0.0003%1h$101K—150xas long as short
OKX ENA-USDT-SWAP−0.013%+0.0100%4h$22.5M$167.2M50xas long as short
Gate ENA_USDT−0.013%−0.0016%4h$11.3M$30.9M50xas long as short
BingX ENA-USDT−0.013%+0.0100%4h—$33.3M—as long as short
Binance ENAUSDT0.000%+0.0100%4h$143.7M$546.9M75xas long as short
Backpack ENA_USDC_PERPlong0.000%+0.0100%1h$383K$760K5x
KuCoin ENAUSDTM+0.004%+0.0100%4h$24.1M$18.0M75xas long as short
Deribit ENA_USDC-PERPETUAL+0.004%0.0000%1h$115K$2.3M50xas long as short
Kraken Futures PF_ENAUSD+0.007%−0.0408%1h$2.7M$10.4M50xas long as short
01 Exchange ENAUSD+0.009%−0.0208%1h$5K$3K10xas long as short
Phemex ENAUSDT+0.018%+0.0100%4h$1.8M$9.3M50xas long as short
Pacifica ENA+0.057%+0.0100%1h$449K$756K10xas long as short
Aster ENAUSDT+0.057%+0.0100%4h$1.7M$3.0M50xas long as short
Nado ENA-PERP+0.058%+0.0100%1h$653K$2.0M10xas long as short
Arcus ENA-USD+0.062%+0.0100%1h$106K$328K10xas long as short
Popdex ENAUSDT+0.062%+0.0096%1h$65K$586K50xas long as short
Paradex ENA-USD-PERP+0.066%+0.0100%8h$50K$89610xas long as short
Polymarket Perps ENA-USD+0.098%+0.0100%1h$173K$4.3M10xas long as short
BloFin ENA-USDT+0.098%+0.0340%4h$6.2M$12.2M75xas long as short
Phoenix ENA+0.111%+0.0070%1h$6K$446K10xas long as short
edgeX ENAUSDC+0.115%+0.0100%4h$268K$9.3M20xas long as short
dYdX ENA-USD+0.121%+0.2760%1h$138K$8895xas long as short
Hyperliquid ENAshort+0.165%+0.0483%1h$116.9M$93.3M10x
ApeX Omni ENAUSDT+0.196%+0.0100%1h$38K$691K50xas long as short
Lighter ENA+0.214%+0.0384%1h$6.0M$17.3M10xas long as short
HTX ENA-USDT+0.245%+0.0100%4h$250K$2.3M50xas long as short
Variational Omni ENA+0.258%+0.0100%4h$5.1M$9.5M—as long as short
Ondo Perps ENA-USD.P+0.276%+0.0100%1h$21K$585K5xas long as short
Bulk ENA-USD+0.373%+0.0100%1h$94K−$010xas long as short
Coinbase International ENA-PERP-INTX+0.508%+0.0656%1h$967K$3.7M50xas long as short