After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.113%7d average−0.132%fees + slippage, in and out−$53spread needed0.529%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ENAUSD | 0.2237 | −0.0409 | get 0.0051% / 1h | 32m 49s | $2.7M | $10.5M | 50x |
| Short | Bybit ENAUSDT | 0.2240 | 0.0100 | get 0.0050% / 4h | 2h 32m | $96.1M | $222.1M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $11.32
- Funding while held
- $15.26
- Slippage, 4 orders
- −$31.87
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.29
- Spread needed to break even
- 0.529%
Slippage from Kraken Futures: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0509%
- Per $10,000 a day
- +$15.26
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 9.16 bp | 16.4 bp −$16 | 25.8 bp −$258 | 84.1 bp −$8,410 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.22 bp | 10.1 bp −$10 | 17.9 bp −$179 | 54.5 bp −$5,454 | doesn't fit |
ENA price on every exchange
against the cheapest. Click to use as the short leg.ENA on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ENA/USDC PERP | −2.819% | +0.0033% | 1h | $535 | $3K | 5.5x | as long as short |
| SunX ENA-USDT | −2.358% | +0.0100% | 4h | $1K | $759K | 20x | as long as short |
| Orderly PERP_ENA_USDC | −0.034% | −0.0122% | 4h | $46K | $37K | 10x | as long as short |
| gTrade (Gains Network) ENA/USD | −0.030% | L +0.0003% / S −0.0003% | 1h | $82K | — | 150x | as long as short |
| Popdex ENAUSDT | −0.021% | +0.0096% | 1h | $63K | $591K | 50x | as long as short |
| SoDEX ENA-USD | −0.021% | +0.0100% | 1h | $3K | $27K | 10x | as long as short |
| Bulk ENA-USD | −0.014% | +0.0100% | 1h | $94K | −$0 | 10x | as long as short |
| Nado ENA-PERP | −0.003% | +0.0100% | 1h | $686K | $1.9M | 10x | as long as short |
| Kraken Futures PF_ENAUSDlong | 0.000% | −0.0409% | 1h | $2.7M | $10.5M | 50x | |
| GMX ENA/USD [ETH-USDC] | +0.003% | L +0.0102% / S −0.0035% | 1h | $19K | — | 100x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ENARUSDPERP | +0.004% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Aevo ENA-PERP | +0.024% | +0.0104% | 1h | $82K | $11K | 3x | as long as short |
| Deribit ENA_USDC-PERPETUAL | +0.028% | 0.0000% | 1h | $76K | $2.3M | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.051% | +0.0100% | 1h | $158K | $4.3M | 10x | as long as short |
| 01 Exchange ENAUSD | +0.055% | +0.0048% | 1h | $5K | $3K | 10x | as long as short |
| Paradex ENA-USD-PERP | +0.063% | +0.0100% | 8h | $50K | $896 | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.069% | +0.0100% | 1h | $38K | $691K | 50x | as long as short |
| Phoenix ENA | +0.069% | +0.0070% | 1h | $20K | $446K | 10x | as long as short |
| Phemex ENAUSDT | +0.069% | +0.0100% | 4h | $1.8M | $9.4M | 50x | as long as short |
| BloFin ENA-USDT | +0.082% | +0.0340% | 4h | $6.3M | $14.1M | 75x | as long as short |
| edgeX ENAUSDC | +0.092% | +0.0100% | 4h | $276K | $9.2M | 20x | as long as short |
| Lighter ENA | +0.100% | +0.0176% | 1h | $5.9M | $16.1M | 10x | as long as short |
| Bitget ENAUSDT | +0.100% | +0.0100% | 4h | $52.2M | $77.7M | 75x | as long as short |
| Bybit ENAUSDTshort | +0.113% | +0.0100% | 4h | $96.1M | $222.1M | 50x | |
| Arcus ENA-USD | +0.113% | +0.0100% | 1h | $107K | $333K | 10x | as long as short |
| OKX ENA-USDT-SWAP | +0.136% | +0.0100% | 4h | $22.7M | $166.5M | 50x | as long as short |
| Variational Omni ENA | +0.140% | +0.0100% | 4h | $5.4M | $8.8M | — | as long as short |
| Gate ENA_USDT | +0.140% | −0.0060% | 4h | $11.2M | $30.3M | 50x | as long as short |
| Pacifica ENA | +0.152% | +0.0100% | 1h | $451K | $756K | 10x | as long as short |
| Aster ENAUSDT | +0.153% | +0.0212% | 4h | $1.7M | $2.8M | 50x | as long as short |
| Binance ENAUSDT | +0.153% | +0.0100% | 4h | $143.6M | $542.8M | 75x | as long as short |
| HTX ENA-USDT | +0.153% | +0.0100% | 4h | $248K | $2.3M | 50x | as long as short |
| dYdX ENA-USD | +0.157% | +0.0138% | 1h | $138K | $893 | 5x | as long as short |
| Backpack ENA_USDC_PERP | +0.162% | +0.0100% | 1h | $383K | $751K | 5x | as long as short |
| BingX ENA-USDT | +0.180% | +0.0100% | 4h | — | $32.6M | — | as long as short |
| Extended ENA-USD | +0.185% | +0.0104% | 1h | $1.6M | $3.4M | 50x | as long as short |
| MEXC ENA_USDT | +0.252% | +0.0100% | 4h | $50.8M | $64.4M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.252% | +0.0100% | 4h | $23.8M | $17.7M | 75x | as long as short |
| Hyperliquid ENA | +0.305% | +0.0730% | 1h | $117.3M | $90.9M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.341% | +0.0656% | 1h | $965K | $3.7M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.368% | +0.0100% | 1h | $19K | $591K | 5x | as long as short |
Kraken Futures PF_ENAUSD
Bybit ENAUSDT
Injective
SunX
gTrade (Gains Network)
Popdex
SoDEX
Bulk
GMX
Deribit
Polymarket Perps
Paradex
ApeX Omni
Phoenix
Phemex
BloFin
Lighter
Bitget
OKX
Variational Omni
Gate
Pacifica
Aster
Binance
HTX
Backpack
BingX
Extended
MEXC
KuCoin
Hyperliquid
Coinbase International