Funding arb · Price arb /

ENA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against BingX−2.153%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 2.153% cheaper against BingX than usual: you would sell low and buy high, −$215 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENA-USDC	0.2118	0.0100	pay 0.0050% / 4h	1h 57m	—	$6.5M	—
Short	SunX ENA-USDT	0.2072	0.0100	get 0.0050% / 4h	1h 57m	$1K	$843K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee SunXbpOrdersPrice spread, now −2.153%Rate

Funding earned: $0
Price spread: −2.153% → 0.000%: −$215.33
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$233.33
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 min ago; SunX: live order book, 44 min ago. Net counts fees only.

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 BingX live order book, 8 min ago	0.71 bp	10.7 bp −$11	25.4 bp −$254	69.7 bp −$6,971	541.0 bp −$270.5K
Sell SunX live order book, 44 min ago	251.90 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ENA on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ENA-USD	0.0000%	1h	0.2117	−0.012%	$140K	$15K	5x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2122	+0.208%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2122	+0.203%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2122	+0.180%	$87K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0029%	4h	0.2121	+0.142%	$44K	$27K	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.269%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2122	+0.203%	$54K	$505K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2121	+0.177%	$685K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2119	+0.071%	$113.9M	$71.6M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2119	+0.039%	$1.5M	$3.3M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2116	−0.066%	$413K	$519K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2116	−0.073%	$130.2M	$429.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2114	−0.189%	$86.5M	$178.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2114	−0.184%	$20.8M	$103.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2127	+0.434%	$19K	$384K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	−0.175%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2109	−0.387%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2118	−0.005%	$11.0M	$21.1M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	−0.161%	$45.4M	$41.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2119	+0.066%	$24.6M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	−0.279%	$48.1M	$58.6M	75x	as long as short
BingX ENA-USDClong	+0.0100%	4h	0.2118	long leg	—	$6.5M	—
Variational Omni ENA	+0.0100%	4h	0.2129	+0.514%	$3.8M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2128	+0.507%	$249K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	+0.307%	$361K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2130	+0.581%	$32K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2123	+0.246%	$183K	$2.3M	10x	as long as short
SunX ENA-USDTshort	+0.0100%	4h	0.2072	−2.153%	$1K	$843K	20x
SoDEX ENA-USD	+0.0100%	1h	0.2121	+0.156%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2129	+0.510%	$277K	$788K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2120	+0.109%	$1.9M	$9.0M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2113	−0.209%	$47K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2122	+0.208%	$74K	$4K	3x	as long as short
Extended ENA-USD	+0.0136%	1h	0.2117	−0.042%	$1.6M	$4.1M	50x	as long as short
Phoenix ENA	+0.0188%	1h	0.2122	+0.189%	$7K	$291K	10x	as long as short
Lighter ENA	+0.0208%	1h	0.2119	+0.047%	$5.5M	$13.6M	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2122	+0.182%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0284%	1h	0.2122	+0.203%	$2.7M	$4.3M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2120	+0.130%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0526%	1h	0.2122	+0.189%	$382K	$362K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2131	+0.642%	$838K	$1.6M	50x	as long as short