After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.299%7d average+0.069%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ENAUSDT | 0.2205 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.7M | $9.2M | 50x |
| Short | Lighter ENA | 0.2212 | 0.0728 | get 0.0091% / 1h | 42m 31s | $5.9M | $17.2M | 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
- $29.93
- Funding while held
- $18.84
- Slippage, 4 orders
- −$31.44
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $5.33
- Spread needed to break even
- 0.434%
Slippage from Phemex: live order book, 3 min ago; Lighter: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0628%
- Per $10,000 a day
- +$18.84
- 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 Phemex live order book, 3 min ago | 6.83 bp | 22.3 bp −$22 | 64.7 bp −$647 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.22 bp | 2.6 bp −$3 | 5.4 bp −$54 | 307.7 bp −$30.8K | doesn't fit |
ENA price on every exchange
against the cheapest. Click to use as the short leg.ENA on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ENA-USDT | −2.317% | +0.0100% | 4h | $976 | $763K | 20x | as long as short |
| Injective ENA/USDC PERP | −1.388% | +0.0033% | 1h | $535 | $2K | 5.5x | as long as short |
| Variational Omni ENA | −0.573% | +0.0100% | 4h | $4.9M | $9.7M | — | as long as short |
| Ondo Perps ENA-USD.P | −0.540% | +0.0100% | 1h | $20K | $570K | 5x | as long as short |
| edgeX ENAUSDC | −0.508% | +0.0100% | 4h | $261K | $9.4M | 20x | as long as short |
| ApeX Omni ENAUSDT | −0.408% | −0.0272% | 1h | $37K | $689K | 50x | as long as short |
| Bulk ENA-USD | −0.385% | +0.0100% | 1h | $92K | −$0 | 10x | as long as short |
| Nado ENA-PERP | −0.095% | +0.0100% | 1h | $629K | $2.0M | 10x | as long as short |
| SoDEX ENA-USD | −0.045% | −0.0102% | 1h | $4K | $18K | 10x | as long as short |
| Phoenix ENA | −0.032% | +0.0107% | 1h | $5K | $453K | 10x | as long as short |
Show all 40 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENAUSD | −0.014% | −0.0314% | 1h | $2.7M | $10.0M | 50x | as long as short |
| Phemex ENAUSDTlong | 0.000% | +0.0100% | 4h | $1.7M | $9.2M | 50x | |
| HTX ENA-USDT | +0.005% | +0.0100% | 4h | $245K | $2.3M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | +0.005% | L +0.0085% / S −0.0024% | 1h | $19K | — | 100x | as long as short |
| MEXC ENA_USDT | +0.014% | +0.0100% | 4h | $43.9M | $64.8M | 200x | as long as short |
| Bitget ENAUSDT | +0.014% | +0.0100% | 4h | $51.1M | $79.6M | 75x | as long as short |
| Extended ENA-USD | +0.037% | +0.0104% | 1h | $1.7M | $3.9M | 50x | as long as short |
| Arcus ENA-USD | +0.045% | +0.0100% | 1h | $94K | $245K | 10x | as long as short |
| Aevo ENA-PERP | +0.045% | +0.0104% | 1h | $81K | $11K | 3x | as long as short |
| Reya ENARUSDPERP | +0.050% | +0.0412% | 1h | $1K | $5K | 15x | as long as short |
| Backpack ENA_USDC_PERP | +0.054% | −0.0181% | 1h | $370K | $745K | 5x | as long as short |
| Paradex ENA-USD-PERP | +0.066% | +0.0099% | 8h | $49K | $896 | 10x | as long as short |
| Gate ENA_USDT | +0.073% | −0.0092% | 4h | $11.0M | $29.6M | 50x | as long as short |
| Popdex ENAUSDT | +0.091% | +0.0096% | 1h | $58K | $599K | 50x | as long as short |
| Deribit ENA_USDC-PERPETUAL | +0.122% | 0.0000% | 1h | $118K | $2.3M | 50x | as long as short |
| BloFin ENA-USDT | +0.132% | +0.0340% | 4h | $6.1M | $10.0M | 75x | as long as short |
| Pacifica ENA | +0.133% | +0.0100% | 1h | $438K | $797K | 10x | as long as short |
| Polymarket Perps ENA-USD | +0.136% | +0.0059% | 1h | $171K | $4.2M | 10x | as long as short |
| gTrade (Gains Network) ENA/USD | +0.144% | L +0.0003% / S −0.0003% | 1h | $101K | — | 150x | as long as short |
| Orderly PERP_ENA_USDC | +0.145% | −0.0108% | 4h | $45K | $37K | 10x | as long as short |
| dYdX ENA-USD | +0.146% | +0.6795% | 1h | $136K | $3K | 5x | as long as short |
| Binance ENAUSDT | +0.148% | +0.0100% | 4h | $139.3M | $549.3M | 75x | as long as short |
| KuCoin ENAUSDTM | +0.154% | +0.0100% | 4h | $23.7M | $18.2M | 75x | as long as short |
| Aster ENAUSDT | +0.161% | +0.0100% | 4h | $1.7M | $3.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.177% | +0.0100% | 4h | $22.0M | $163.9M | 50x | as long as short |
| Bybit ENAUSDT | +0.204% | +0.0100% | 4h | $93.9M | $227.1M | 50x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.218% | +0.0584% | 1h | $890K | $3.7M | 50x | as long as short |
| BingX ENA-USDC | +0.227% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Hyperliquid ENA | +0.272% | +0.0221% | 1h | $115.4M | $94.6M | 10x | as long as short |
| Lighter ENAshort | +0.299% | +0.0728% | 1h | $5.9M | $17.2M | 10x |
Phemex ENAUSDT
Lighter ENA
SunX
Injective
Variational Omni
ApeX Omni
Bulk
SoDEX
Phoenix
Kraken Futures
HTX
GMX
MEXC
Bitget
Extended
Backpack
Paradex
Gate
Popdex
Deribit
BloFin
Pacifica
Polymarket Perps
gTrade (Gains Network)
Binance
KuCoin
Aster
OKX
Bybit
Coinbase International
BingX
Hyperliquid