After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.268%7d average+0.046%fees + slippage, in and out−$34spread needed0.338%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ENA_USDC-PERPETUAL | 0.2164 | 0 | get 0.0000% / 1h | 15m 19s | $84K | $2.5M | 50x |
| Short | Hyperliquid ENA | 0.2170 | 0.0100 | get 0.0013% / 1h | 15m 19s | $111.4M | $97.7M | 10x |
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
- $26.8
- Funding while held
- $3
- Slippage, 4 orders
- −$17.83
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$4.03
- Spread needed to break even
- 0.338%
Slippage from Deribit: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Deribit live order book, 5 min ago | 4.87 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.23 bp | 7.1 bp −$7 | doesn't fit | 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 | −2.514% | +0.0100% | 4h | $1K | $771K | 20x | as long as short |
| Ondo Perps ENA-USD.P | −0.360% | +0.0100% | 1h | $21K | $532K | 5x | as long as short |
| edgeX ENAUSDC | −0.298% | +0.0100% | 4h | $267K | $9.4M | 20x | as long as short |
| BloFin ENA-USDT | −0.296% | +0.0340% | 4h | $5.9M | $9.6M | 75x | as long as short |
| Variational Omni ENA | −0.288% | +0.0100% | 4h | $4.7M | $9.6M | — | as long as short |
| Phoenix ENA | −0.199% | 0.0000% | 1h | $5K | $463K | 10x | as long as short |
| Bulk ENA-USD | −0.185% | +0.0100% | 1h | $91K | −$0 | 10x | as long as short |
| ApeX Omni ENAUSDT | −0.139% | +0.0100% | 1h | $37K | $692K | 50x | as long as short |
| Kraken Futures PF_ENAUSD | −0.096% | −0.0259% | 1h | $2.6M | $10.2M | 50x | as long as short |
| SoDEX ENA-USD | −0.092% | +0.0100% | 1h | $4K | $16K | 10x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ENAUSDT | −0.092% | +0.0100% | 4h | $1.7M | $9.3M | 50x | as long as short |
| dYdX ENA-USD | −0.082% | +0.0919% | 1h | $133K | $3K | 5x | as long as short |
| Backpack ENA_USDC_PERP | −0.079% | −0.0494% | 1h | $369K | $736K | 5x | as long as short |
| Coinbase International ENA-PERP-INTX | −0.055% | +0.0512% | 1h | $856K | $3.5M | 50x | as long as short |
| Paradex ENA-USD-PERP | −0.010% | +0.0099% | 8h | $48K | $896 | 10x | as long as short |
| Pacifica ENA | −0.006% | +0.0100% | 1h | $431K | $746K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $84K | $2.5M | 50x | |
| Nado ENA-PERP | +0.042% | +0.0100% | 1h | $644K | $2.1M | 10x | as long as short |
| Arcus ENA-USD | +0.046% | +0.0100% | 1h | $87K | $319K | 10x | as long as short |
| Popdex ENAUSDT | +0.046% | +0.0096% | 1h | $57K | $607K | 50x | as long as short |
| Bitget ENAUSDT | +0.079% | −0.0090% | 4h | $50.0M | $82.1M | 75x | as long as short |
| Aster ENAUSDT | +0.080% | +0.0100% | 4h | $1.6M | $3.1M | 50x | as long as short |
| 01 Exchange ENAUSD | +0.088% | −0.0144% | 1h | $4K | $3K | 10x | as long as short |
| Reya ENARUSDPERP | +0.107% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.111% | +0.0280% | 1h | $6.0M | $18.3M | 10x | as long as short |
| Bybit ENAUSDT | +0.120% | +0.0100% | 4h | $93.4M | $236.0M | 50x | as long as short |
| Extended ENA-USD | +0.122% | +0.0104% | 1h | $1.6M | $4.1M | 50x | as long as short |
| BingX ENA-USDC | +0.134% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Orderly PERP_ENA_USDC | +0.152% | −0.0183% | 4h | $43K | $41K | 10x | as long as short |
| HTX ENA-USDT | +0.157% | +0.0100% | 4h | $263K | $2.4M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.162% | +0.0078% | 4h | $21.5M | $162.1M | 50x | as long as short |
| Gate ENA_USDT | +0.162% | −0.0016% | 4h | $11.0M | $30.8M | 50x | as long as short |
| Binance ENAUSDT | +0.171% | +0.0100% | 4h | $136.6M | $560.2M | 75x | as long as short |
| KuCoin ENAUSDTM | +0.171% | +0.0100% | 4h | $23.1M | $18.7M | 75x | as long as short |
| MEXC ENA_USDT | +0.180% | +0.0100% | 4h | $44.8M | $65.0M | 200x | as long as short |
| Aevo ENA-PERP | +0.187% | +0.0104% | 1h | $80K | $11K | 3x | as long as short |
| Polymarket Perps ENA-USD | +0.189% | +0.0100% | 1h | $170K | $4.0M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | +0.203% | L +0.0120% / S −0.0115% | 1h | $32K | — | 100x | as long as short |
| gTrade (Gains Network) ENA/USD | +0.227% | L +0.0003% / S −0.0003% | 1h | $100K | — | 150x | as long as short |
| Hyperliquid ENAshort | +0.268% | +0.0100% | 1h | $111.4M | $97.7M | 10x | |
| Injective ENA/USDC PERP | +0.481% | +0.0033% | 1h | $535 | $2K | 5.5x | as long as short |
Deribit ENA_USDC-PERPETUAL
Hyperliquid ENA
SunX
BloFin
Variational Omni
Phoenix
Bulk
ApeX Omni
Kraken Futures
SoDEX
Phemex
Backpack
Coinbase International
Paradex
Pacifica
Popdex
Bitget
Aster
Lighter
Bybit
Extended
BingX
HTX
OKX
Gate
Binance
KuCoin
MEXC
Polymarket Perps
GMX
gTrade (Gains Network)
Injective