After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.232%7d average−0.108%fees + slippage, in and out−$38spread needed0.380%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ENA | 0.2240 | 0.0296 | pay 0.0037% / 1h | 9m 19s | $117.9M | $94.5M | 10x |
| Short | Bybit ENAUSDT | 0.2235 | 0.0100 | get 0.0050% / 4h | 1h 09m | $94.7M | $225.8M | 50x |
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
- −$23.22
- Funding while held
- −$5.87
- Slippage, 4 orders
- −$17.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.05
- Spread needed to break even
- 0.380%
Slippage from Hyperliquid: live order book, 6 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0196%
- Per $10,000 a day
- −$5.87
- 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 Hyperliquid live order book, 6 min ago | 2.47 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.22 bp | 11.1 bp −$11 | 17.9 bp −$179 | 55.3 bp −$5,528 | doesn't fit |
ENA price on every exchange
against the cheapest. Click to use as the short leg.ENA on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ENA/USDC PERP | −2.920% | +0.0033% | 1h | $535 | $2K | 5.5x | as long as short |
| SunX ENA-USDT | −2.558% | +0.0100% | 4h | $1K | $753K | 20x | as long as short |
| Bulk ENA-USD | −1.018% | +0.0100% | 1h | $93K | −$0 | 10x | as long as short |
| edgeX ENAUSDC | −0.580% | +0.0100% | 4h | $269K | $9.2M | 20x | as long as short |
| Variational Omni ENA | −0.430% | +0.0100% | 4h | $4.8M | $9.9M | — | as long as short |
| Phoenix ENA | −0.290% | +0.0107% | 1h | $6K | $453K | 10x | as long as short |
| Orderly PERP_ENA_USDC | −0.272% | −0.0125% | 4h | $44K | $41K | 10x | as long as short |
| BloFin ENA-USDT | −0.263% | +0.0340% | 4h | $6.1M | $10.1M | 75x | as long as short |
| Extended ENA-USD | −0.259% | +0.0104% | 1h | $1.7M | $3.9M | 50x | as long as short |
| ApeX Omni ENAUSDT | −0.259% | +0.0100% | 1h | $38K | $689K | 50x | as long as short |
Show all 40 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ENAUSDT | −0.259% | +0.0100% | 4h | $1.8M | $9.1M | 50x | as long as short |
| Backpack ENA_USDC_PERP | −0.250% | −0.0267% | 1h | $377K | $732K | 5x | as long as short |
| OKX ENA-USDT-SWAP | −0.237% | +0.0100% | 4h | $22.4M | $164.6M | 50x | as long as short |
| dYdX ENA-USD | −0.236% | +0.2905% | 1h | $138K | $3K | 5x | as long as short |
| Bybit ENAUSDTshort | −0.232% | +0.0100% | 4h | $94.7M | $225.8M | 50x | |
| SoDEX ENA-USD | −0.214% | +0.0100% | 1h | $4K | $18K | 10x | as long as short |
| Ondo Perps ENA-USD.P | −0.210% | +0.0100% | 1h | $22K | $567K | 5x | as long as short |
| Bitget ENAUSDT | −0.210% | +0.0010% | 4h | $51.8M | $79.7M | 75x | as long as short |
| Aevo ENA-PERP | −0.188% | +0.0104% | 1h | $82K | $11K | 3x | as long as short |
| Kraken Futures PF_ENAUSD | −0.182% | −0.0310% | 1h | $2.7M | $10.0M | 50x | as long as short |
| HTX ENA-USDT | −0.179% | +0.0100% | 4h | $248K | $2.3M | 50x | as long as short |
| Reya ENARUSDPERP | −0.175% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| BingX ENA-USDT | −0.174% | +0.0100% | 4h | — | $32.8M | — | as long as short |
| Deribit ENA_USDC-PERPETUAL | −0.170% | 0.0000% | 1h | $117K | $2.3M | 50x | as long as short |
| Pacifica ENA | −0.159% | +0.0100% | 1h | $442K | $780K | 10x | as long as short |
| Gate ENA_USDT | −0.156% | −0.0064% | 4h | $11.2M | $30.2M | 50x | as long as short |
| Binance ENAUSDT | −0.154% | +0.0100% | 4h | $141.5M | $546.1M | 75x | as long as short |
| gTrade (Gains Network) ENA/USD | −0.153% | L +0.0003% / S −0.0003% | 1h | $102K | — | 150x | as long as short |
| MEXC ENA_USDT | −0.152% | +0.0100% | 4h | $45.6M | $66.1M | 200x | as long as short |
| Nado ENA-PERP | −0.152% | +0.0100% | 1h | $651K | $2.0M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | −0.128% | L +0.0075% / S −0.0017% | 1h | $19K | — | 100x | as long as short |
| Arcus ENA-USD | −0.125% | +0.0100% | 1h | $105K | $272K | 10x | as long as short |
| Popdex ENAUSDT | −0.125% | +0.0096% | 1h | $57K | $597K | 50x | as long as short |
| Paradex ENA-USD-PERP | −0.124% | +0.0099% | 8h | $50K | $896 | 10x | as long as short |
| Aster ENAUSDT | −0.105% | +0.0100% | 4h | $1.7M | $3.1M | 50x | as long as short |
| Coinbase International ENA-PERP-INTX | −0.098% | +0.0584% | 1h | $895K | $3.7M | 50x | as long as short |
| Lighter ENA | −0.085% | +0.0752% | 1h | $6.1M | $17.6M | 10x | as long as short |
| Polymarket Perps ENA-USD | −0.076% | +0.0100% | 1h | $173K | $4.2M | 10x | as long as short |
| KuCoin ENAUSDTM | −0.063% | +0.0100% | 4h | $24.0M | $18.3M | 75x | as long as short |
| Hyperliquid ENAlong | 0.000% | +0.0296% | 1h | $117.9M | $94.5M | 10x |
Hyperliquid ENA
Bybit ENAUSDT
Injective
SunX
Bulk
Variational Omni
Phoenix
BloFin
Extended
ApeX Omni
Phemex
Backpack
OKX
SoDEX
Bitget
Kraken Futures
HTX
BingX
Deribit
Pacifica
Gate
Binance
gTrade (Gains Network)
MEXC
GMX
Popdex
Paradex
Aster
Coinbase International
Lighter
Polymarket Perps
KuCoin