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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Polymarket Perps against Extended−0.054%49s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.274%−$27 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.054%, 7d avg +0.046%
Together, before fees−0.271%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.100% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.046%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.21010.0104pay 0.0013% / 1h20m 29s$1.6M$4.4M50x
ShortPolymarket Perps ENA-USD0.20990.0100get 0.0013% / 1h20m 29s$181K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$0.84
Price spread: −0.054% → +0.046%
−$10.05
Slippage, 4 orders
−$13.38
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$37.26
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.

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, 3 min ago0.48 bp6.3 bp −$612.0 bp −$120doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago3.58 bp7.6 bp −$87.8 bp −$78doesn't fitdoesn't fit

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−0.0089%4h0.2099−0.088%$44K$17K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2100−0.031%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2099−0.056%$81K150xas long as short
01 Exchange ENAUSD+0.0024%1h0.2103+0.093%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.083%$522$57K5.5xas long as short
Lighter ENA+0.0096%1h0.2102+0.084%$5.0M$13.9M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2102+0.065%$52K$484K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2102+0.047%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2102+0.067%$562K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2102+0.055%$114.0M$74.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2102+0.076%$1.4M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2101+0.012%$405K$563K10xas long as short
Binance ENAUSDT+0.0100%4h0.2103+0.091%$128.0M$425.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2101+0.031%$90.2M$187.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2102+0.079%$21.0M$106.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2093−0.364%$33K$320K5xas long as short
Arcus ENA-USD+0.0100%1h0.2102+0.065%$78K$283K10xas long as short
Bulk ENA-USD+0.0100%1h0.2095−0.273%$91K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2102+0.046%$12.7M$27.2M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2101+0.036%$39.1M$43.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2102+0.055%$24.8M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2100−0.031%$47.7M$59.8M75xas long as short
BingX ENA-USDC+0.0100%4h0.2102+0.041%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2101+0.003%$407K$492K5xas long as short
Variational Omni ENA+0.0100%4h0.2097−0.155%$3.0M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2095−0.245%$253K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2095−0.269%$351K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2099−0.078%$19K$646K50xas long as short
Polymarket Perps ENA-USDshort+0.0100%1h0.2099−0.054%$181K$2.6M10x
SunX ENA-USDT+0.0100%4h0.2049−2.454%$1K$908K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2099−0.078%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2101+0.022%$264K$814K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2099−0.078%$1.8M$8.9M50xas long as short
Extended ENA-USDlong+0.0104%1h0.2101long leg$1.6M$4.4M50x
Aevo ENA-PERP+0.0104%1h0.2101−0.001%$74K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0149%1h0.2101+0.009%$2.6M$4.4M50xas long as short
Phoenix ENA+0.0190%1h0.2094−0.297%$13K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0754%1h0.2099−0.062%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2099−0.088%$5.5M$3.4M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2099−0.080%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2098−0.131%$867K$1.8M50xas long as short
dYdX ENA-USD+0.1007%1h0.2100−0.008%$139K$16K5xas long as short