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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.024%
Price spread now: Aevo against Injective−0.200%59s7-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 7 days−0.157%−$16 on $10k
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 0.200% cheaper against Injective than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 9.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ENA/USDC PERP0.21230.0033pay 0.0004% / 1h21m 29s$522$57K5.5x
ShortAevo ENA-PERP0.21190.0104get 0.0013% / 1h21m 29s$74K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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
$14.84
Price spread: −0.200% → 0.000%
−$20.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$21.2
Costs to cover
0.160%
Break-even
17.0 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Aevo no order-book sample
Injective and 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
Backpack ENA_USDC_PERP−0.0179%1h0.2119−0.231%$363K$397K5xas long as short
01 Exchange ENAUSD−0.0072%1h0.2118−0.254%$4K$30210xas long as short
Orderly PERP_ENA_USDC−0.0069%4h0.2119−0.226%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2119−0.226%$79K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2119−0.223%$82K150xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Phoenix ENA+0.0076%1h0.2119−0.231%$8K$266K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2118−0.254%$56K$475K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2118−0.238%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2117−0.290%$657K$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ENA+0.0100%1h0.2122−0.052%$115.6M$75.0M10xas long as short
Aster ENAUSDT+0.0100%4h0.2119−0.193%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2119−0.214%$405K$516K10xas long as short
Binance ENAUSDT+0.0100%4h0.2119−0.216%$129.0M$416.4M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2119−0.226%$85.6M$175.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2120−0.170%$20.8M$103.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2118−0.250%$18K$317K5xas long as short
Arcus ENA-USD+0.0100%1h0.2118−0.254%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.325%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2118−0.245%$11.1M$22.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2118−0.245%$46.1M$41.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2119−0.184%$24.6M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2117−0.278%$48.1M$57.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2118−0.273%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2116−0.332%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2118−0.250%$245K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2118−0.261%$350K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2118−0.254%$20K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2120−0.165%$183K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2070−2.534%$1K$848K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2119−0.207%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2122−0.066%$274K$797K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2117−0.301%$1.8M$8.8M50xas long as short
Lighter ENA+0.0104%1h0.2121−0.127%$5.2M$13.5M10xas long as short
Extended ENA-USD+0.0104%1h0.2116−0.330%$1.6M$4.1M50xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2119−0.200%$74K$4K3x
dYdX ENA-USD+0.0135%1h0.2119−0.227%$140K$15K5xas long as short
Kraken Futures PF_ENAUSD+0.0242%1h0.2120−0.146%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0291% / S −0.0316%1h0.2119−0.226%$65K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2119−0.226%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2119−0.213%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2127+0.165%$869K$1.7M50xas long as short