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

ENA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h −0.020%
Price spread now: 01 Exchange against Nado+0.074%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.074% dearer against Nado than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ENA-PERP0.20930.0100pay 0.0012% / 1h35m 19s$557K$1.8M10x
Short01 Exchange ENAUSD0.20950get 0.0000% / 1h35m 19s$4K$27710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Nado. 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
−$21
Price spread: +0.074% → 0.000%
$7.41
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$27.59
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 3 min ago; 01 Exchange: 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 Nado live order book, 3 min ago1.43 bp7.1 bp −$718.8 bp −$188doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.0093%4h0.2094+0.041%$43K$17K10xas long as short
01 Exchange ENAUSDshort0.0000%1h0.2095+0.074%$4K$27710x
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2095+0.074%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2094+0.061%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.445%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2094+0.041%$51K$483K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2095+0.085%$47K$11010xas long as short
Nado ENA-PERPlong+0.0100%1h0.2093long leg$557K$1.8M10x
Hyperliquid ENA+0.0100%1h0.2096+0.150%$113.7M$74.9M10xas long as short
Aster ENAUSDT+0.0100%4h0.2095+0.110%$1.4M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2095+0.095%$404K$563K10xas long as short
Binance ENAUSDT+0.0100%4h0.2095+0.076%$127.2M$425.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2093+0.007%$89.7M$187.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2095+0.084%$21.0M$106.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2096+0.150%$38K$316K5xas long as short
Arcus ENA-USD+0.0100%1h0.2094+0.041%$77K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2096+0.123%$91K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2094+0.060%$12.7M$27.0M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2094+0.055%$39.0M$42.9M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2096+0.122%$24.7M$15.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2093−0.002%$47.5M$59.8M75xas long as short
BingX ENA-USDC+0.0100%4h0.2094+0.036%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2098+0.227%$406K$492K5xas long as short
Variational Omni ENA+0.0100%4h0.2095+0.109%$3.0M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2096+0.120%$253K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2100+0.317%$362K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2095+0.088%$19K$645K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2094+0.055%$185K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2044−2.348%$1K$906K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2095+0.088%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2102+0.442%$264K$814K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2096+0.136%$1.8M$8.8M50xas long as short
Lighter ENA+0.0104%1h0.2097+0.179%$4.9M$13.8M10xas long as short
Extended ENA-USD+0.0104%1h0.2094+0.051%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2098+0.217%$73K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0150%1h0.2096+0.159%$2.6M$4.4M50xas long as short
Phoenix ENA+0.0190%1h0.2100+0.313%$8K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0754%1h0.2094+0.043%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2095+0.084%$5.6M$3.3M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2094+0.038%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2102+0.428%$869K$1.8M50xas long as short
dYdX ENA-USD+0.0869%1h0.2096+0.116%$138K$16K5xas long as short