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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: SunX against Injective−2.661%61s7-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−0.160%−$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. SunX is 2.661% cheaper against Injective than usual: you would sell low and buy high (spread −2.661% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$266 on $10k: about 4 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour. The two prices were read 61 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% / 1h30m 04s$522$57K5.5x
ShortSunX ENA-USDT0.20670.0100get 0.0050% / 4h2h 30m$1K$871K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −2.661% → 0.000%
−$266.08
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
−$260.1
Costs to cover
0.080%
Break-even
137.1 days
Slippage unknown: Injective: no order-book sample; SunX: live order book, 42 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 SunX live order book, 42 min ago258.76 bpdoesn't fitdoesn't fitdoesn'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−0.0144%4h0.2118−0.245%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2119−0.226%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2118−0.232%$82K150xas long as short
01 Exchange ENAUSD+0.0016%1h0.2117−0.278%$4K$27710xas long as short
Gate ENA_USDT+0.0022%4h0.2118−0.264%$11.1M$23.7M50xas long as short
Injective ENA/USDC PERPlong+0.0033%1h0.2123long leg$522$57K5.5x
Popdex ENAUSDT+0.0096%1h0.2116−0.348%$58K$467K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2115−0.397%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2118−0.238%$656K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2120−0.146%$115.1M$74.3M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2119−0.218%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2115−0.386%$397K$525K10xas long as short
Binance ENAUSDT+0.0100%4h0.2119−0.218%$128.4M$417.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2118−0.240%$85.6M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2119−0.217%$21.2M$104.4M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2118−0.268%$20K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2116−0.348%$79K$276K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2119−0.212%$46.9M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2120−0.155%$24.7M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2117−0.283%$48.1M$57.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2119−0.212%$31.2Mas long as short
Variational Omni ENA+0.0100%4h0.2111−0.583%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2113−0.483%$242K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2114−0.464%$351K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2114−0.443%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2119−0.198%$189K$2.4M10xas long as short
SunX ENA-USDTshort+0.0100%4h0.2067−2.661%$1K$871K20x
SoDEX ENA-USD+0.0100%1h0.2118−0.254%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2118−0.245%$267K$795K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2118−0.254%$1.8M$8.9M50xas long as short
Bulk ENA-USD+0.0100%1h0.2118−0.254%$93K−$010xas long as short
Extended ENA-USD+0.0104%1h0.2117−0.281%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2119−0.230%$74K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2115−0.386%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0162%1h0.2119−0.184%$2.6M$4.3M50xas long as short
Lighter ENA+0.0224%1h0.2121−0.099%$5.2M$13.0M10xas long as short
dYdX ENA-USD+0.0301%1h0.2115−0.411%$140K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0358%1h0.2118−0.249%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2110−0.608%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2119−0.218%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0596%1h0.2120−0.170%$359K$400K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2123−0.014%$869K$1.7M50xas long as short