After costs, if the gap returns to its 7d average, $10k+$68
spread now+1.306%7d average+0.117%fees + slippage, in and out−$51spread needed0.508%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ENA-USDT-SWAP | 0.2197 | 0.0062 | pay 0.0031% / 4h | 44m 32s | $21.9M | $161.7M | 50x |
| Short | Phoenix ENA | 0.2226 | 0 | get 0.0000% / 1h | 44m 32s | $6K | $463K | 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
- $130.61
- Funding while held
- −$1.85
- Slippage, 4 orders
- −$33.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $78
- Spread needed to break even
- 0.508%
Slippage from OKX: live order book, 6 min ago; Phoenix: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0062%
- Per $10,000 a day
- −$1.85
- 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 OKX live order book, 6 min ago | 0.67 bp | 7.2 bp −$7 | 19.9 bp −$199 | 83.4 bp −$8,339 | doesn't fit |
| Sell Phoenix live order book, 4 min ago | 1.80 bp | 16.6 bp −$17 | 51.9 bp −$519 | 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 | −2.480% | +0.0100% | 4h | $1K | $752K | 20x | as long as short |
| Injective ENA/USDC PERP | −1.047% | +0.0033% | 1h | $535 | $2K | 5.5x | as long as short |
| BloFin ENA-USDT | −0.246% | +0.0340% | 4h | $6.0M | $9.9M | 75x | as long as short |
| Orderly PERP_ENA_USDC | −0.114% | −0.0149% | 4h | $43K | $40K | 10x | as long as short |
| Popdex ENAUSDT | −0.064% | +0.0096% | 1h | $58K | $593K | 50x | as long as short |
| Aevo ENA-PERP | −0.064% | +0.0104% | 1h | $81K | $11K | 3x | as long as short |
| SoDEX ENA-USD | −0.064% | −0.0038% | 1h | $4K | $16K | 10x | as long as short |
| Bybit ENAUSDT | −0.055% | +0.0100% | 4h | $93.6M | $228.2M | 50x | as long as short |
| Extended ENA-USD | −0.051% | +0.0104% | 1h | $1.7M | $4.0M | 50x | as long as short |
| Bitget ENAUSDT | −0.050% | −0.0028% | 4h | $50.9M | $80.1M | 75x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ENA_USDC-PERPETUAL | −0.032% | −0.0160% | 1h | $148K | $2.3M | 50x | as long as short |
| Reya ENARUSDPERP | −0.025% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Phemex ENAUSDT | −0.018% | +0.0100% | 4h | $1.7M | $9.2M | 50x | as long as short |
| Binance ENAUSDT | −0.014% | +0.0100% | 4h | $139.1M | $546.5M | 75x | as long as short |
| Backpack ENA_USDC_PERP | −0.014% | −0.0493% | 1h | $371K | $727K | 5x | as long as short |
| GMX ENA/USD [ETH-USDC] | −0.011% | L +0.0067% / S −0.0012% | 1h | $19K | — | 100x | as long as short |
| gTrade (Gains Network) ENA/USD | −0.009% | L +0.0003% / S −0.0003% | 1h | $100K | — | 150x | as long as short |
| OKX ENA-USDT-SWAPlong | 0.000% | +0.0062% | 4h | $21.9M | $161.7M | 50x | |
| BingX ENA-USDC | 0.000% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Aster ENAUSDT | +0.005% | +0.0100% | 4h | $1.7M | $3.1M | 50x | as long as short |
| 01 Exchange ENAUSD | +0.009% | −0.0040% | 1h | $4K | $3K | 10x | as long as short |
| MEXC ENA_USDT | +0.009% | +0.0100% | 4h | $45.2M | $63.8M | 200x | as long as short |
| Ondo Perps ENA-USD.P | +0.014% | +0.0100% | 1h | $21K | $553K | 5x | as long as short |
| Polymarket Perps ENA-USD | +0.027% | +0.0100% | 1h | $181K | $4.2M | 10x | as long as short |
| Nado ENA-PERP | +0.036% | +0.0100% | 1h | $640K | $2.0M | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.040% | −0.0255% | 1h | $2.7M | $10.0M | 50x | as long as short |
| Gate ENA_USDT | +0.046% | −0.0046% | 4h | $10.9M | $29.8M | 50x | as long as short |
| Pacifica ENA | +0.060% | +0.0100% | 1h | $437K | $775K | 10x | as long as short |
| Paradex ENA-USD-PERP | +0.068% | +0.0099% | 8h | $49K | $896 | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.077% | +0.0512% | 1h | $872K | $3.5M | 50x | as long as short |
| Arcus ENA-USD | +0.118% | +0.0100% | 1h | $103K | $270K | 10x | as long as short |
| KuCoin ENAUSDTM | +0.118% | +0.0100% | 4h | $23.7M | $18.2M | 75x | as long as short |
| dYdX ENA-USD | +0.146% | +0.0903% | 1h | $136K | $3K | 5x | as long as short |
| HTX ENA-USDT | +0.150% | +0.0100% | 4h | $249K | $2.3M | 50x | as long as short |
| Hyperliquid ENA | +0.200% | +0.0142% | 1h | $116.2M | $94.9M | 10x | as long as short |
| Lighter ENA | +0.237% | +0.0208% | 1h | $6.1M | $17.9M | 10x | as long as short |
| Bulk ENA-USD | +0.291% | +0.0100% | 1h | $92K | −$0 | 10x | as long as short |
| Variational Omni ENA | +0.341% | +0.0100% | 4h | $4.8M | $9.2M | — | as long as short |
| ApeX Omni ENAUSDT | +1.120% | +0.0100% | 1h | $40K | $691K | 50x | as long as short |
| edgeX ENAUSDC | +1.153% | +0.0100% | 4h | $267K | $9.2M | 20x | as long as short |
| Phoenix ENAshort | +1.306% | 0.0000% | 1h | $6K | $463K | 10x |
OKX ENA-USDT-SWAP
Phoenix ENA
SunX
Injective
BloFin
Popdex
SoDEX
Bybit
Extended
Bitget
Deribit
Phemex
Binance
Backpack
GMX
gTrade (Gains Network)
BingX
Aster
MEXC
Polymarket Perps
Kraken Futures
Gate
Pacifica
Paradex
Coinbase International
KuCoin
HTX
Hyperliquid
Lighter
Bulk
Variational Omni
ApeX Omni