Settings8H · net · $10k
Funding arb · Price arb /

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.008%
Price spread now: 01 Exchange against Deribit−0.005%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ENA_USDC-PERPETUAL0.21190get 0.0000% / 1h53m 31s$79K$1.3M50x
Short01 Exchange ENAUSD0.21190.0032get 0.0004% / 1h53m 31s$4K$30210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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

Funding earned
$6.72
Price spread: −0.005% → 0.000%
−$0.47
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$7.75
Costs to cover
0.140%
Break-even
15.1 days
Slippage unknown: Deribit: live order book, just now; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, just now8.73 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENA on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ENA_USDC-PERPETUALlong0.0000%1h0.2119long leg$79K$1.3M50x
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2118−0.047%$87K150xas long as short
Orderly PERP_ENA_USDC+0.0025%4h0.2118−0.052%$44K$27K10xas long as short
01 Exchange ENAUSDshort+0.0032%1h0.2119−0.005%$4K$30210x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.222%$522$57K5.5xas long as short
dYdX ENA-USD+0.0049%1h0.2118−0.043%$140K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2117−0.080%$54K$500K50xas long as short
Nado ENA-PERP+0.0100%1h0.2117−0.094%$683K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2119−0.005%$113.9M$71.1M10xas long as short
Aster ENAUSDT+0.0100%4h0.2118−0.048%$1.5M$3.3M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2117−0.081%$414K$519K10xas long as short
Binance ENAUSDT+0.0100%4h0.2118−0.039%$130.3M$426.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2117−0.061%$86.7M$177.9M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2118−0.038%$20.8M$103.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2121+0.090%$19K$383K5xas long as short
Arcus ENA-USD+0.0100%1h0.2118−0.033%$78K$288K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.080%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2117−0.085%$11.1M$21.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2117−0.094%$45.5M$41.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2118−0.033%$24.6M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2116−0.127%$48.2M$58.3M75xas long as short
BingX ENA-USDC+0.0100%4h0.2117−0.080%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2128+0.439%$3.8M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2119−0.002%$247K$7.4M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2114−0.214%$360K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2115−0.175%$32K$646K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2118−0.052%$182K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2068−2.407%$1K$841K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2118−0.033%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2123+0.208%$276K$787K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2117−0.080%$1.8M$8.8M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2117−0.057%$47K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2118−0.033%$74K$4K3xas long as short
Extended ENA-USD+0.0136%1h0.2116−0.125%$1.6M$4.1M50xas long as short
Lighter ENA+0.0144%1h0.2119−0.005%$5.5M$13.6M10xas long as short
Phoenix ENA+0.0188%1h0.2121+0.104%$7K$298K10xas long as short
Backpack ENA_USDC_PERP+0.0249%1h0.2118−0.028%$380K$359K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0251% / S −0.0206%1h0.2118−0.044%$50K100xas long as short
Kraken Futures PF_ENAUSD+0.0284%1h0.2119+0.024%$2.7M$4.3M50xas long as short
Reya ENARUSDPERP+0.0412%1h0.2117−0.086%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0664%1h0.2131+0.595%$838K$1.6M50xas long as short