After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.142%7d average+0.086%fees + slippage, in and out−$31spread needed0.305%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ENAUSDT | 0.2108 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $89.0M | $206.6M | 50x |
| Short | Backpack ENA_USDC_PERP | 0.2111 | 0.0100 | get 0.0013% / 1h | 38m 11s | $366K | $504K | 5x |
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
- $14.23
- Funding while held
- $0
- Slippage, 4 orders
- −$9.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$16.32
- Spread needed to break even
- 0.305%
Slippage from Bybit: live order book, 2 min ago; Backpack: live order book, 47 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Bybit live order book, 2 min ago | 0.24 bp | 7.2 bp −$7 | 18.7 bp −$187 | 57.5 bp −$5,755 | doesn't fit |
| Sell Backpack live order book, 47 min ago | 0.24 bp | 7.3 bp −$7 | 38.9 bp −$389 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| SunX ENA-USDT | −2.348% | +0.0100% | 4h | $1K | $780K | 20x | as long as short |
| Bitget ENAUSDT | −0.033% | +0.0024% | 4h | $47.9M | $69.0M | 75x | as long as short |
| Extended ENA-USD | −0.012% | +0.0104% | 1h | $1.5M | $4.0M | 50x | as long as short |
| SoDEX ENA-USD | −0.005% | +0.0100% | 1h | $4K | $15K | 10x | as long as short |
| Phemex ENAUSDT | −0.005% | +0.0100% | 4h | $1.8M | $9.4M | 50x | as long as short |
| Bybit ENAUSDTlong | 0.000% | +0.0100% | 4h | $89.0M | $206.6M | 50x | |
| BingX ENA-USDC | +0.028% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Orderly PERP_ENA_USDC | +0.028% | −0.0172% | 4h | $42K | $24K | 10x | as long as short |
| dYdX ENA-USD | +0.035% | +0.3244% | 1h | $139K | $12K | 5x | as long as short |
| OKX ENA-USDT-SWAP | +0.038% | +0.0100% | 4h | $20.2M | $128.1M | 50x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex ENAUSDT | +0.043% | +0.0096% | 1h | $55K | $581K | 50x | as long as short |
| Aevo ENA-PERP | +0.043% | +0.0104% | 1h | $77K | $11K | 3x | as long as short |
| Reya ENARUSDPERP | +0.054% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Deribit ENA_USDC-PERPETUAL | +0.057% | 0.0000% | 1h | $94K | $2.2M | 50x | as long as short |
| Binance ENAUSDT | +0.058% | +0.0100% | 4h | $129.9M | $498.5M | 75x | as long as short |
| Gate ENA_USDT | +0.066% | +0.0100% | 4h | $10.6M | $24.7M | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.071% | +0.0100% | 1h | $193K | $3.5M | 10x | as long as short |
| Pacifica ENA | +0.083% | +0.0100% | 1h | $400K | $649K | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | +0.088% | L +0.0117% / S −0.0105% | 1h | $38K | — | 100x | as long as short |
| Arcus ENA-USD | +0.090% | +0.0100% | 1h | $84K | $303K | 10x | as long as short |
| MEXC ENA_USDT | +0.090% | +0.0100% | 4h | $45.7M | $57.5M | 200x | as long as short |
| Kraken Futures PF_ENAUSD | +0.092% | −0.0412% | 1h | $2.6M | $6.9M | 50x | as long as short |
| Nado ENA-PERP | +0.093% | +0.0100% | 1h | $651K | $1.9M | 10x | as long as short |
| Paradex ENA-USD-PERP | +0.094% | +0.0100% | 8h | $47K | $221 | 10x | as long as short |
| gTrade (Gains Network) ENA/USD | +0.096% | L +0.0003% / S −0.0003% | 1h | $101K | — | 150x | as long as short |
| Variational Omni ENA | +0.116% | +0.0100% | 4h | $3.6M | $10.0M | — | as long as short |
| KuCoin ENAUSDTM | +0.119% | +0.0100% | 4h | $22.5M | $17.4M | 75x | as long as short |
| Backpack ENA_USDC_PERPshort | +0.142% | +0.0100% | 1h | $366K | $504K | 5x | |
| Aster ENAUSDT | +0.152% | +0.0100% | 4h | $1.6M | $3.1M | 50x | as long as short |
| 01 Exchange ENAUSD | +0.157% | +0.0136% | 1h | $4K | $571 | 10x | as long as short |
| Lighter ENA | +0.176% | +0.0392% | 1h | $5.9M | $14.0M | 10x | as long as short |
| Phoenix ENA | +0.199% | +0.0038% | 1h | $5K | $418K | 10x | as long as short |
| BloFin ENA-USDT | +0.213% | +0.0340% | 4h | $5.6M | $8.5M | 75x | as long as short |
| Hyperliquid ENA | +0.232% | +0.0100% | 1h | $110.4M | $84.7M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.242% | +0.0544% | 1h | $805K | $2.2M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.251% | +0.0100% | 1h | $22K | $491K | 5x | as long as short |
| HTX ENA-USDT | +0.266% | +0.0100% | 4h | $273K | $1.8M | 50x | as long as short |
| Bulk ENA-USD | +0.470% | +0.0100% | 1h | $89K | $550 | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.517% | +0.0100% | 1h | $21K | $706K | 50x | as long as short |
| edgeX ENAUSDC | +0.537% | +0.0100% | 4h | $256K | $8.7M | 20x | as long as short |
| Injective ENA/USDC PERP | +3.145% | +0.0033% | 1h | $535 | $162 | 5.5x | as long as short |
Bybit ENAUSDT
Backpack ENA_USDC_PERP
SunX
Bitget
Extended
SoDEX
Phemex
BingX
OKX
Popdex
Deribit
Binance
Gate
Polymarket Perps
Pacifica
GMX
MEXC
Kraken Futures
Paradex
gTrade (Gains Network)
Variational Omni
KuCoin
Aster
Lighter
Phoenix
BloFin
Hyperliquid
Coinbase International
HTX
Bulk
ApeX Omni
Injective