After costs, if the gap returns to its 7d average, $10k−$19
spread now−0.029%7d average−0.015%fees + slippage, in and out−$17spread needed0.172%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ENA | 0.2170 | 0.0288 | pay 0.0036% / 1h | 13m 56s | $6.1M | $18.3M | 10x |
| Short | Hyperliquid ENA | 0.2169 | 0.0100 | get 0.0013% / 1h | 13m 56s | $111.4M | $97.7M | 10x |
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
- −$2.86
- Funding while held
- −$5.64
- Slippage, 4 orders
- −$8.18
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.68
- Spread needed to break even
- 0.172%
Slippage from Lighter: live order book, 6 min ago; Hyperliquid: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0188%
- Per $10,000 a day
- −$5.64
- 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 Lighter live order book, 6 min ago | 0.69 bp | 1.7 bp −$2 | 4.5 bp −$45 | 140.1 bp −$14.0K | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.23 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| SunX ENA-USDT | −2.457% | +0.0100% | 4h | $1K | $771K | 20x | as long as short |
| Ondo Perps ENA-USD.P | −0.613% | +0.0100% | 1h | $21K | $532K | 5x | as long as short |
| edgeX ENAUSDC | −0.551% | +0.0100% | 4h | $267K | $9.4M | 20x | as long as short |
| Variational Omni ENA | −0.541% | +0.0100% | 4h | $4.7M | $9.6M | — | as long as short |
| Phoenix ENA | −0.452% | 0.0000% | 1h | $5K | $463K | 10x | as long as short |
| Bulk ENA-USD | −0.438% | +0.0100% | 1h | $91K | −$0 | 10x | as long as short |
| ApeX Omni ENAUSDT | −0.392% | +0.0100% | 1h | $37K | $692K | 50x | as long as short |
| Bybit ENAUSDT | −0.304% | +0.0100% | 4h | $93.2M | $236.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | −0.272% | +0.0075% | 4h | $21.5M | $161.9M | 50x | as long as short |
| Bitget ENAUSDT | −0.207% | −0.0092% | 4h | $50.0M | $82.1M | 75x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ENARUSDPERP | −0.192% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| BloFin ENA-USDT | −0.189% | +0.0340% | 4h | $6.0M | $9.6M | 75x | as long as short |
| Orderly PERP_ENA_USDC | −0.184% | −0.0183% | 4h | $43K | $41K | 10x | as long as short |
| Extended ENA-USD | −0.164% | +0.0104% | 1h | $1.6M | $4.1M | 50x | as long as short |
| SoDEX ENA-USD | −0.161% | +0.0100% | 1h | $4K | $16K | 10x | as long as short |
| Phemex ENAUSDT | −0.161% | +0.0100% | 4h | $1.7M | $9.3M | 50x | as long as short |
| Nado ENA-PERP | −0.157% | +0.0100% | 1h | $644K | $2.1M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | −0.153% | L +0.0120% / S −0.0116% | 1h | $32K | — | 100x | as long as short |
| Kraken Futures PF_ENAUSD | −0.150% | −0.0259% | 1h | $2.6M | $10.2M | 50x | as long as short |
| BingX ENA-USDT | −0.147% | +0.0100% | 4h | — | $32.6M | — | as long as short |
| MEXC ENA_USDT | −0.143% | +0.0100% | 4h | $44.7M | $65.0M | 200x | as long as short |
| Binance ENAUSDT | −0.141% | +0.0100% | 4h | $136.5M | $560.2M | 75x | as long as short |
| Gate ENA_USDT | −0.120% | −0.0010% | 4h | $11.0M | $30.8M | 50x | as long as short |
| Aevo ENA-PERP | −0.120% | +0.0104% | 1h | $80K | $11K | 3x | as long as short |
| gTrade (Gains Network) ENA/USD | −0.119% | L +0.0003% / S −0.0003% | 1h | $100K | — | 150x | as long as short |
| Popdex ENAUSDT | −0.115% | +0.0096% | 1h | $57K | $607K | 50x | as long as short |
| Backpack ENA_USDC_PERP | −0.111% | −0.0485% | 1h | $370K | $738K | 5x | as long as short |
| Aster ENAUSDT | −0.103% | +0.0100% | 4h | $1.6M | $3.1M | 50x | as long as short |
| Deribit ENA_USDC-PERPETUAL | −0.101% | 0.0000% | 1h | $84K | $2.5M | 50x | as long as short |
| Paradex ENA-USD-PERP | −0.079% | +0.0099% | 8h | $49K | $896 | 10x | as long as short |
| Polymarket Perps ENA-USD | −0.074% | +0.0100% | 1h | $170K | $4.0M | 10x | as long as short |
| Pacifica ENA | −0.069% | +0.0100% | 1h | $432K | $746K | 10x | as long as short |
| KuCoin ENAUSDTM | −0.069% | +0.0100% | 4h | $23.2M | $18.7M | 75x | as long as short |
| dYdX ENA-USD | −0.051% | +0.0933% | 1h | $134K | $3K | 5x | as long as short |
| 01 Exchange ENAUSD | −0.051% | −0.0136% | 1h | $4K | $3K | 10x | as long as short |
| Hyperliquid ENAshort | −0.029% | +0.0100% | 1h | $111.4M | $97.7M | 10x | |
| Arcus ENA-USD | −0.023% | +0.0100% | 1h | $87K | $319K | 10x | as long as short |
| Lighter ENAlong | 0.000% | +0.0288% | 1h | $6.1M | $18.3M | 10x | |
| Coinbase International ENA-PERP-INTX | +0.129% | +0.0512% | 1h | $860K | $3.5M | 50x | as long as short |
| HTX ENA-USDT | +0.175% | +0.0100% | 4h | $264K | $2.4M | 50x | as long as short |
| Injective ENA/USDC PERP | +0.226% | +0.0033% | 1h | $535 | $2K | 5.5x | as long as short |
Lighter ENA
Hyperliquid ENA
SunX
Variational Omni
Phoenix
Bulk
ApeX Omni
Bybit
OKX
Bitget
BloFin
Extended
SoDEX
Phemex
GMX
Kraken Futures
BingX
MEXC
Binance
Gate
gTrade (Gains Network)
Popdex
Backpack
Aster
Deribit
Paradex
Polymarket Perps
Pacifica
KuCoin
Coinbase International
HTX
Injective