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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against gTrade (Gains Network)−0.027%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.027% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2113L +0.0003% / S −0.0003%pay 0.0000% / 1h4m 04s$101K150x
ShortAevo ENA-PERP0.21120.0104get 0.0013% / 1h4m 04s$78K$11K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$21.12
Price spread: −0.027% → 0.000%
−$2.65
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$7.53
Costs to cover
0.260%
Break-even
9.5 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 20 min ago; Aevo: 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 gTrade (Gains Network) virtual book (oracle venue), 20 min ago130.03 bp186.1 bp −$1861556.6 bp −$15.6K15425.0 bp −$1.54Mdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0038%4h0.2112−0.044%$41K$24K10xas long as short
Backpack ENA_USDC_PERP−0.0004%1h0.2115+0.113%$373K$447K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2113+0.004%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0003% / S −0.0003%1h0.2113long leg$101K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.515%$522$57K5.5xas long as short
Kraken Futures PF_ENAUSD+0.0066%1h0.2113+0.041%$2.7M$5.5M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2111−0.072%$62K$530K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2109−0.161%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2110−0.129%$664K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2113+0.010%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2110−0.124%$408K$575K10xas long as short
Binance ENAUSDT+0.0100%4h0.2114+0.051%$130.7M$454.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2113+0.027%$88.3M$190.7M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2114+0.065%$20.5M$111.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2105−0.337%$15K$398K5xas long as short
Arcus ENA-USD+0.0100%1h0.2110−0.119%$83K$220K10xas long as short
Bulk ENA-USD+0.0100%1h0.2099−0.627%$89K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2113+0.027%$10.7M$21.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2113+0.032%$46.5M$47.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2113+0.023%$24.0M$16.3M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2113+0.009%$47.9M$64.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2113+0.032%$32.8Mas long as short
Variational Omni ENA+0.0100%4h0.2109−0.149%$3.8M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2108−0.227%$250K$7.7M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2105−0.337%$358K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2109−0.167%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2111−0.053%$177K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2060−2.505%$1K$819K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2113+0.023%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2112−0.025%$274K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2112−0.025%$2.0M$9.1M50xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2112−0.027%$78K$11K3x
Phoenix ENA+0.0115%1h0.2109−0.143%$5K$356K10xas long as short
01 Exchange ENAUSD+0.0144%1h0.2112−0.034%$4K$31210xas long as short
GMX ENA/USD [ETH-USDC]L +0.0249% / S −0.0432%1h0.2112−0.012%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2107−0.252%$5.5M$8.1M75xas long as short
Extended ENA-USD+0.0344%1h0.2113+0.027%$1.6M$4.2M50xas long as short
Reya ENARUSDPERP+0.0412%1h0.2111−0.095%$1K$5K15xas long as short
Lighter ENA+0.0568%1h0.2115+0.127%$5.7M$12.9M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2113+0.009%$835K$2.1M50xas long as short
Hyperliquid ENA+0.0585%1h0.2117+0.193%$111.8M$78.5M10xas long as short
dYdX ENA-USD+0.1982%1h0.2109−0.190%$139K$15K5xas long as short