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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: KuCoin against Injective−0.254%70s7-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−0.215%−$22 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. KuCoin is 0.254% cheaper against Injective than usual: you would sell low and buy high (spread −0.254% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 13 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.215%, so the current rate has only just turned in your favour. The two prices were read 70 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% / 1h28m 03s$522$57K5.5x
ShortKuCoin ENAUSDTM0.21180.0100get 0.0050% / 4h1h 28m$24.5M$15.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.254% → 0.000%
−$25.43
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$23.45
Costs to cover
0.120%
Break-even
18.7 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 11 min ago. 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 KuCoin live order book, 11 min ago1.17 bp15.0 bp −$1532.0 bp −$320doesn't fitdoesn't fit
Injective: 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−0.0119%4h0.2116−0.334%$44K$26K10xas long as short
01 Exchange ENAUSD−0.0008%1h0.2116−0.339%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2118−0.254%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2116−0.342%$82K150xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Popdex ENAUSDT+0.0096%1h0.2116−0.348%$53K$483K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2116−0.362%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2116−0.330%$560K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2121−0.132%$114.7M$76.0M10xas long as short
Aster ENAUSDT+0.0100%4h0.2120−0.156%$1.4M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2118−0.257%$401K$544K10xas long as short
Binance ENAUSDT+0.0100%4h0.2119−0.185%$128.3M$429.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2118−0.254%$89.5M$186.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2120−0.165%$21.1M$108.3M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2122−0.075%$33K$330K5xas long as short
Arcus ENA-USD+0.0100%1h0.2116−0.348%$78K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.278%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2118−0.235%$12.4M$26.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2118−0.268%$37.5M$42.8M200xas long as short
KuCoin ENAUSDTMshort+0.0100%4h0.2118−0.254%$24.5M$15.7M75x
Bitget ENAUSDT+0.0100%4h0.2118−0.264%$47.9M$60.3M75xas long as short
BingX ENA-USDC+0.0100%4h0.2119−0.198%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2119−0.203%$3.1M$10.2Mas long as short
edgeX ENAUSDC+0.0100%4h0.2120−0.160%$256K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2121−0.096%$350K$5.1M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2120−0.160%$19K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2117−0.311%$186K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2066−2.689%$1K$904K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2117−0.301%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2122−0.057%$266K$820K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2118−0.254%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2117−0.318%$1.6M$4.3M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2119−0.231%$74K$4K3xas long as short
Phoenix ENA+0.0110%1h0.2119−0.203%$8K$276K10xas long as short
Lighter ENA+0.0184%1h0.2120−0.165%$5.0M$13.5M10xas long as short
dYdX ENA-USD+0.0198%1h0.2120−0.144%$140K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0753%1h0.2118−0.252%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2119−0.231%$5.6M$3.2M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2117−0.313%$1K$5K15xas long as short
Kraken Futures PF_ENAUSD+0.0445%1h0.2118−0.243%$2.6M$4.4M50xas long as short
Backpack ENA_USDC_PERP+0.0572%1h0.2119−0.184%$393K$437K5xas long as short
Coinbase International ENA-PERP-INTX+0.0616%1h0.2121−0.104%$875K$1.8M50xas long as short