Funding arb · Price arb /

ENA

all ENA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.036%

Price spread now: Aster against MEXC+0.044%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.044%, 7d avg +0.053%

Together, before fees+0.134%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENA_USDT	0.2098	0.0100	pay 0.0050% / 4h	22m 16s	$39.0M	$43.1M	200x
Short	Aster ENAUSDT	0.2099	0.0100	get 0.0050% / 4h	22m 16s	$1.4M	$3.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee AsterbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.053%: −$0.97
Slippage, 4 orders: −$17.44
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.41
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Aster: live order book, 1 min ago.

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 MEXC live order book, 2 min ago	0.24 bp	1.4 bp −$1	6.9 bp −$69	45.3 bp −$4,531	74.2 bp −$37.1K
Sell Aster live order book, 1 min ago	0.24 bp	6.4 bp −$6	16.0 bp −$160	doesn't fit	doesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ENA_USDC	−0.0091%	4h	0.2096	−0.076%	$44K	$17K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2098	+0.005%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2097	−0.021%	$81K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2097	−0.024%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.220%	$522	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2101	+0.148%	$5.0M	$13.9M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2097	−0.038%	$52K	$484K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2098	+0.011%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2097	−0.017%	$560K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2099	+0.042%	$113.8M	$74.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDTshort	+0.0100%	4h	0.2099	+0.044%	$1.4M	$3.3M	50x
Pacifica ENA	+0.0100%	1h	0.2099	+0.066%	$405K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2098	−0.013%	$127.7M	$425.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2096	−0.100%	$90.0M	$187.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2097	−0.019%	$21.0M	$106.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2093	−0.229%	$38K	$320K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2098	+0.010%	$78K	$283K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2095	−0.138%	$91K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2097	−0.019%	$12.7M	$27.2M	50x	as long as short
MEXC ENA_USDTlong	+0.0100%	4h	0.2098	long leg	$39.0M	$43.1M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2098	+0.010%	$24.7M	$15.8M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2095	−0.110%	$47.6M	$59.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2097	−0.043%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2100	+0.105%	$406K	$492K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2093	−0.245%	$3.0M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2095	−0.136%	$252K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2095	−0.133%	$351K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2094	−0.181%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2097	−0.014%	$180K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2047	−2.417%	$1K	$908K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2097	−0.038%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2097	−0.038%	$264K	$814K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2099	+0.057%	$1.8M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2096	−0.091%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2097	−0.056%	$73K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0150%	1h	0.2098	+0.028%	$2.6M	$4.4M	50x	as long as short
Phoenix ENA	+0.0190%	1h	0.2094	−0.162%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0754%	1h	0.2097	−0.028%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2101	+0.133%	$5.6M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2096	−0.088%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2098	+0.005%	$867K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.1062%	1h	0.2098	+0.029%	$139K	$16K	5x	as long as short