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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.026%
Price spread now: MEXC against Injective−0.772%85s7-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−0.196%−$20 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. MEXC is 0.772% cheaper against Injective than usual: you would sell low and buy high (spread −0.772% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$77 on $10k: about 39 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour. The two prices were read 85 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% / 1h7m 43s$522$57K5.5x
ShortMEXC ENA_USDT0.21070.0100get 0.0050% / 4h1h 07m$46.7M$47.1M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.772% → 0.000%
−$77.23
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 0 bp × 2 orders
$0
Net
−$63.25
Costs to cover
0.000%
Break-even
38.6 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 6 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 MEXC live order book, 6 min ago0.24 bp0.6 bp −$14.6 bp −$4629.8 bp −$2,98061.1 bp −$30.6K
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−0.0040%4h0.2107−0.772%$41K$24K10xas long as short
Backpack ENA_USDC_PERP−0.0013%1h0.2108−0.711%$372K$447K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2108−0.725%$92K$1.8M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2107−0.791%$101K150xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Kraken Futures PF_ENAUSD+0.0066%1h0.2109−0.681%$2.7M$5.5M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2106−0.819%$62K$531K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2108−0.714%$47K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2106−0.824%$662K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2106−0.802%$1.5M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2108−0.725%$408K$575K10xas long as short
Binance ENAUSDT+0.0100%4h0.2107−0.768%$130.0M$455.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2107−0.796%$87.9M$190.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2107−0.782%$20.4M$111.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2099−1.168%$15K$397K5xas long as short
Arcus ENA-USD+0.0100%1h0.2108−0.725%$82K$220K10xas long as short
Bulk ENA-USD+0.0100%1h0.2099−1.137%$89K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.2106−0.815%$10.5M$21.4M50xas long as short
MEXC ENA_USDTshort+0.0100%4h0.2107−0.772%$46.7M$47.1M200x
KuCoin ENAUSDTM+0.0100%4h0.2107−0.754%$24.0M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2104−0.890%$47.6M$64.6M75xas long as short
BingX ENA-USDC+0.0100%4h0.2106−0.801%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2097−1.235%$3.8M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2098−1.202%$249K$7.7M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2096−1.304%$350K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2096−1.290%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2106−0.805%$177K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2055−3.240%$1K$816K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2108−0.725%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2109−0.673%$273K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2107−0.772%$2.0M$9.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2108−0.746%$77K$11K3xas long as short
Phoenix ENA+0.0115%1h0.2098−1.177%$5K$356K10xas long as short
01 Exchange ENAUSD+0.0144%1h0.2107−0.754%$4K$31210xas long as short
GMX ENA/USD [ETH-USDC]L +0.0246% / S −0.0426%1h0.2106−0.809%$38K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2103−0.965%$5.5M$8.0M75xas long as short
Extended ENA-USD+0.0352%1h0.2106−0.821%$1.6M$4.1M50xas long as short
Reya ENARUSDPERP+0.0412%1h0.2105−0.864%$1K$5K15xas long as short
Lighter ENA+0.0552%1h0.2109−0.669%$5.6M$12.9M10xas long as short
Coinbase International ENA-PERP-INTX+0.0576%1h0.2100−1.097%$827K$2.1M50xas long as short
Hyperliquid ENA+0.0586%1h0.2109−0.678%$111.4M$78.5M10xas long as short
dYdX ENA-USD+0.1987%1h0.2107−0.786%$139K$15K5xas long as short