After costs, if the gap returns to its 7d average, $10k−$32
spread now−0.102%7d average−0.059%fees + slippage, in and out−$28spread needed0.279%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ENA | 0.2165 | 0.0100 | pay 0.0013% / 1h | 15m 45s | $111.1M | $97.7M | 10x |
| Short | Polymarket Perps ENA-USD | 0.2162 | 0.0100 | get 0.0013% / 1h | 15m 45s | $169K | $4.0M | 10x |
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
- −$10.16
- Funding while held
- $0
- Slippage, 4 orders
- −$10.93
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$38.1
- Spread needed to break even
- 0.279%
Slippage from Hyperliquid: live order book, 10 min ago; Polymarket Perps: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 10 min ago | 0.23 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.32 bp | 8.2 bp −$8 | 10.2 bp −$102 | doesn't fit | doesn't fit |
ENA price on every exchange
against the cheapest. Click to use as the short leg.ENA on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ENA-USDT | −2.536% | +0.0100% | 4h | $1K | $771K | 20x | as long as short |
| Bulk ENA-USD | −0.739% | +0.0100% | 1h | $90K | −$0 | 10x | as long as short |
| edgeX ENAUSDC | −0.405% | +0.0100% | 4h | $266K | $9.3M | 20x | as long as short |
| Phoenix ENA | −0.393% | 0.0000% | 1h | $5K | $463K | 10x | as long as short |
| Ondo Perps ENA-USD.P | −0.383% | +0.0100% | 1h | $21K | $532K | 5x | as long as short |
| BloFin ENA-USDT | −0.319% | +0.0340% | 4h | $5.9M | $9.6M | 75x | as long as short |
| Variational Omni ENA | −0.311% | +0.0100% | 4h | $4.7M | $9.6M | — | as long as short |
| Bitget ENAUSDT | −0.208% | −0.0088% | 4h | $49.9M | $82.1M | 75x | as long as short |
| Pacifica ENA | −0.203% | +0.0100% | 1h | $430K | $746K | 10x | as long as short |
| Nado ENA-PERP | −0.199% | +0.0100% | 1h | $642K | $2.1M | 10x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ENARUSDPERP | −0.196% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Extended ENA-USD | −0.179% | +0.0104% | 1h | $1.6M | $4.1M | 50x | as long as short |
| Paradex ENA-USD-PERP | −0.168% | +0.0099% | 8h | $48K | $896 | 10x | as long as short |
| Popdex ENAUSDT | −0.162% | +0.0096% | 1h | $57K | $606K | 50x | as long as short |
| ApeX Omni ENAUSDT | −0.162% | +0.0100% | 1h | $37K | $692K | 50x | as long as short |
| BingX ENA-USDC | −0.152% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| 01 Exchange ENAUSD | −0.148% | −0.0144% | 1h | $4K | $3K | 10x | as long as short |
| KuCoin ENAUSDTM | −0.148% | +0.0100% | 4h | $23.1M | $18.7M | 75x | as long as short |
| MEXC ENA_USDT | −0.125% | +0.0100% | 4h | $44.7M | $65.0M | 200x | as long as short |
| Gate ENA_USDT | −0.120% | −0.0020% | 4h | $11.0M | $30.7M | 50x | as long as short |
| Kraken Futures PF_ENAUSD | −0.119% | −0.0259% | 1h | $2.6M | $10.2M | 50x | as long as short |
| Aster ENAUSDT | −0.119% | +0.0100% | 4h | $1.6M | $3.1M | 50x | as long as short |
| Arcus ENA-USD | −0.116% | +0.0100% | 1h | $87K | $319K | 10x | as long as short |
| SoDEX ENA-USD | −0.116% | +0.0100% | 1h | $4K | $16K | 10x | as long as short |
| Phemex ENAUSDT | −0.116% | +0.0100% | 4h | $1.7M | $9.3M | 50x | as long as short |
| dYdX ENA-USD | −0.105% | +0.0919% | 1h | $133K | $3K | 5x | as long as short |
| GMX ENA/USD [ETH-USDC] | −0.104% | L +0.0119% / S −0.0115% | 1h | $32K | — | 100x | as long as short |
| Backpack ENA_USDC_PERP | −0.102% | −0.0494% | 1h | $369K | $736K | 5x | as long as short |
| Polymarket Perps ENA-USDshort | −0.102% | +0.0100% | 1h | $169K | $4.0M | 10x | |
| Orderly PERP_ENA_USDC | −0.097% | −0.0182% | 4h | $43K | $41K | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | −0.079% | +0.0512% | 1h | $856K | $3.5M | 50x | as long as short |
| Bybit ENAUSDT | −0.069% | +0.0100% | 4h | $93.3M | $236.0M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | −0.069% | L +0.0003% / S −0.0003% | 1h | $99K | — | 150x | as long as short |
| Aevo ENA-PERP | −0.069% | +0.0104% | 1h | $79K | $11K | 3x | as long as short |
| Binance ENAUSDT | −0.051% | +0.0100% | 4h | $136.3M | $560.1M | 75x | as long as short |
| Deribit ENA_USDC-PERPETUAL | −0.023% | 0.0000% | 1h | $84K | $2.5M | 50x | as long as short |
| OKX ENA-USDT-SWAP | −0.005% | +0.0076% | 4h | $21.4M | $161.8M | 50x | as long as short |
| Hyperliquid ENAlong | 0.000% | +0.0100% | 1h | $111.1M | $97.7M | 10x | |
| Lighter ENA | +0.088% | +0.0280% | 1h | $6.0M | $18.3M | 10x | as long as short |
| HTX ENA-USDT | +0.134% | +0.0100% | 4h | $263K | $2.4M | 50x | as long as short |
| Injective ENA/USDC PERP | +0.457% | +0.0033% | 1h | $535 | $2K | 5.5x | as long as short |
Hyperliquid ENA
Polymarket Perps ENA-USD
SunX
Bulk
Phoenix
BloFin
Variational Omni
Bitget
Pacifica
Extended
Paradex
Popdex
ApeX Omni
BingX
KuCoin
MEXC
Gate
Kraken Futures
Aster
SoDEX
Phemex
GMX
Backpack
Coinbase International
Bybit
gTrade (Gains Network)
Binance
Deribit
OKX
Lighter
HTX
Injective