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−0.0059%/8h= −6.5% APRnext payment $0.07 per $10,000 · paid last 24h +0.065%
Price spread now: Aevo against Kraken Futures−0.088%7-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−0.156%−$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.088% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ENAUSD0.21040.0163pay 0.0020% / 1h48m 35s$2.6M$4.3M50x
ShortAevo ENA-PERP0.21020.0104get 0.0013% / 1h48m 35s$74K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
−$12.46
Price spread: −0.088% → 0.000%
−$8.8
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$47.26
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; 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 Kraken Futures live order book, 5 min ago10.51 bp21.7 bp −$2223.0 bp −$23079.5 bp −$7,950doesn't fit
Sell Aevo no order-book sample
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
ApeX Omni ENAUSDT−0.0291%1h0.2103−0.042%$20K$649K50xas long as short
Orderly PERP_ENA_USDC−0.0138%4h0.2102−0.104%$44K$25K10xas long as short
Gate ENA_USDT−0.0046%4h0.2102−0.071%$10.9M$23.4M50xas long as short
01 Exchange ENAUSD−0.0032%1h0.2105+0.053%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2102−0.085%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2103−0.059%$82K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.927%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2104+0.005%$56K$466K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2101−0.150%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2103−0.033%$652K$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ENA+0.0100%1h0.2102−0.080%$113.7M$74.2M10xas long as short
Aster ENAUSDT+0.0100%4h0.2105+0.031%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2102−0.078%$395K$522K10xas long as short
Binance ENAUSDT+0.0100%4h0.2104+0.010%$127.9M$416.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2104−0.014%$85.3M$175.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2105+0.034%$21.0M$103.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2099−0.242%$22K$320K5xas long as short
Arcus ENA-USD+0.0100%1h0.2105+0.053%$78K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2096−0.352%$92K−$010xas long as short
MEXC ENA_USDT+0.0100%4h0.2103−0.033%$45.4M$40.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2105+0.072%$24.9M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2103−0.023%$47.9M$57.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2104−0.019%$31.4Mas long as short
Variational Omni ENA+0.0100%4h0.2102−0.100%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2093−0.508%$238K$6.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2102−0.073%$355K$5.0M10xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2103−0.038%$188K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2052−2.443%$1K$867K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2101−0.137%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2105+0.067%$274K$777K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2101−0.137%$1.7M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2104−0.008%$1.6M$4.2M50xas long as short
Aevo ENA-PERPshort+0.0104%1h0.2102−0.088%$74K$4K3x
Phoenix ENA+0.0153%1h0.2104−0.009%$8K$278K10xas long as short
Kraken Futures PF_ENAUSDlong+0.0163%1h0.2104long leg$2.6M$4.3M50x
Lighter ENA+0.0248%1h0.2103−0.038%$5.2M$13.0M10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0358%1h0.2103−0.042%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2103−0.061%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2102−0.073%$1K$5K15xas long as short
dYdX ENA-USD+0.0426%1h0.2100−0.184%$139K$15K5xas long as short
Backpack ENA_USDC_PERP+0.0551%1h0.2102−0.090%$358K$400K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2100−0.185%$860K$1.7M50xas long as short