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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0254%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h +0.007%
Price spread now: GMX against Extended+0.066%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.066% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21160.0104pay 0.0013% / 1h29m 11s$1.6M$4.2M50x
ShortGMX ENA/USD [ETH-USDC]0.2117L +0.0307% / S −0.0358%get 0.0045% / 1h29m 11s$70K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$53.26
Price spread: +0.066% → 0.000%
$6.62
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$42.89
Costs to cover
0.170%
Break-even
1.4 days
Slippage unknown: Extended: live order book, 5 min ago; GMX: 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 Extended live order book, 5 min ago0.24 bp5.7 bp −$614.1 bp −$141doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 42 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
Orderly PERP_ENA_USDC−0.0145%4h0.2116+0.010%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2117+0.034%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2117+0.076%$82K150xas long as short
Gate ENA_USDT+0.0006%4h0.2117+0.058%$11.1M$23.7M50xas long as short
01 Exchange ENAUSD+0.0024%1h0.2120+0.204%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.355%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2118+0.100%$58K$467K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2115−0.058%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2118+0.122%$656K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2120+0.181%$115.1M$74.3M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2115−0.025%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2115−0.037%$397K$525K10xas long as short
Binance ENAUSDT+0.0100%4h0.2115−0.042%$128.2M$417.7M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2113−0.122%$85.4M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2114−0.079%$21.2M$104.2M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2117+0.044%$20K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2119+0.148%$79K$276K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2114−0.079%$46.8M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2118+0.096%$24.7M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2114−0.075%$48.0M$57.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2114−0.108%$31.3Mas long as short
Variational Omni ENA+0.0100%4h0.2111−0.229%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2113−0.129%$242K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2112−0.186%$350K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2114−0.089%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2119+0.133%$189K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2067−2.320%$1K$871K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2115−0.042%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2117+0.053%$267K$795K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2114−0.089%$1.8M$8.9M50xas long as short
Bulk ENA-USD+0.0100%1h0.2118+0.100%$93K−$010xas long as short
Extended ENA-USDlong+0.0104%1h0.2116long leg$1.6M$4.2M50x
Aevo ENA-PERP+0.0104%1h0.2117+0.038%$74K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2115−0.032%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0162%1h0.2116+0.016%$2.6M$4.3M50xas long as short
Lighter ENA+0.0200%1h0.2116+0.020%$5.2M$13.0M10xas long as short
dYdX ENA-USD+0.0291%1h0.2118+0.095%$140K$16K5xas long as short
GMX ENA/USD [ETH-USDC]shortL +0.0307% / S −0.0358%1h0.2117+0.066%$70K100x
BloFin ENA-USDT+0.0340%4h0.2115−0.060%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2118+0.085%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0597%1h0.2114−0.065%$358K$400K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2123+0.341%$869K$1.7M50xas long as short