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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Popdex−0.047%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.047% cheaper against Popdex than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex ENAUSDT0.21280.0096pay 0.0012% / 1h40m 03s$64K$523K50x
ShortSoDEX ENA-USD0.21270.0100get 0.0013% / 1h40m 03s$4K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Popdex. 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
$0.84
Price spread: −0.047% → 0.000%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$18.26
Costs to cover
0.144%
Break-even
159.2 days
Slippage unknown: Popdex: live order book, 39 min ago; SoDEX: 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 Popdex live order book, 39 min ago1.19 bp7.7 bp −$860.4 bp −$604doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0023%4h0.2126−0.080%$41K$24K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2127−0.023%$93K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2128−0.003%$106K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.216%$522$57K5.5xas long as short
Backpack ENA_USDC_PERP+0.0090%1h0.2128+0.019%$376K$448K5xas long as short
Popdex ENAUSDTlong+0.0096%1h0.2128long leg$64K$523K50x
Nado ENA-PERP+0.0100%1h0.2128+0.021%$684K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2129+0.034%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2128+0.022%$412K$567K10xas long as short
Binance ENAUSDT+0.0100%4h0.2127−0.047%$131.5M$454.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2127−0.052%$89.4M$190.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2127−0.038%$20.6M$112.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2126−0.113%$15K$400K5xas long as short
Arcus ENA-USD+0.0100%1h0.2130+0.094%$84K$221K10xas long as short
Bulk ENA-USD+0.0100%1h0.2129+0.047%$90K$50010xas long as short
Gate ENA_USDT+0.0100%4h0.21280.000%$10.9M$21.4M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2127−0.047%$46.9M$45.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2129+0.033%$24.5M$16.3M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2126−0.085%$48.2M$64.6M75xas long as short
BingX ENA-USDT+0.0100%4h0.2127−0.047%$32.7Mas long as short
Variational Omni ENA+0.0100%4h0.2129+0.051%$3.9M$10.3Mas long as short
edgeX ENAUSDC+0.0100%4h0.2125−0.124%$253K$7.7M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2125−0.141%$358K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2126−0.094%$32K$711K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2128+0.009%$179K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2076−2.439%$1K$824K20xas long as short
SoDEX ENA-USDshort+0.0100%1h0.2127−0.047%$4K$14K10x
HTX ENA-USDT+0.0100%4h0.2131+0.136%$277K$1.5M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2126−0.094%$2.0M$9.2M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2128−0.010%$48K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2127−0.052%$78K$11K3xas long as short
Phoenix ENA+0.0189%1h0.2129+0.052%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0200%1h0.2129+0.066%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0240%1h0.2129+0.042%$2.7M$5.5M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2128−0.022%$38K100xas long as short
Extended ENA-USD+0.0320%1h0.2127−0.067%$1.6M$4.2M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2128−0.005%$5.6M$7.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2128−0.022%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0552%1h0.2132+0.174%$842K$2.1M50xas long as short
Lighter ENA+0.0616%1h0.2130+0.094%$5.6M$12.9M10xas long as short
Hyperliquid ENA+0.0859%1h0.2131+0.150%$114.5M$78.9M10xas long as short
dYdX ENA-USD+0.1741%1h0.2128+0.006%$141K$15K5xas long as short