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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0308%/8h= −33.7% APRnext payment $0.38 per $10,000 · paid last 24h −0.091%
Price spread now: Aevo against Reya0.000%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ENARUSDPERP0.21500.0412pay 0.0051% / 1h3m 38s$1K$5K15x
ShortAevo ENA-PERP0.21500.0104get 0.0013% / 1h3m 38s$75K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Reya. 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
−$64.64
Price spread: 0.000% → 0.000%
$0.03
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$86.61
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Aevo: 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 Reya no order-book sample
Sell Aevo no order-book sample
Reya and Aevo: 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
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2148−0.097%$80K$1.6M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0004%1h0.2151+0.009%$92K150xas long as short
Orderly PERP_ENA_USDC+0.0032%4h0.2148−0.125%$42K$23K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.255%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2138−0.576%$52K$524K50xas long as short
Nado ENA-PERP+0.0100%1h0.2138−0.567%$716K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2141−0.447%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2139−0.528%$421K$550K10xas long as short
Binance ENAUSDT+0.0100%4h0.2139−0.529%$133.7M$441.5M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2138−0.590%$87.8M$186.1M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ENA-USDT-SWAP+0.0100%4h0.2139−0.529%$21.1M$109.5M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2153+0.131%$16K$413K5xas long as short
Arcus ENA-USD+0.0100%1h0.2140−0.483%$106K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2167+0.773%$95K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2138−0.585%$10.9M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2138−0.567%$45.2M$45.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2141−0.455%$24.6M$16.4M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2135−0.706%$48.4M$61.1M75xas long as short
BingX ENA-USDC+0.0100%4h0.2137−0.622%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2147−0.157%$380K$375K5xas long as short
Variational Omni ENA+0.0100%4h0.2153+0.110%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2166+0.735%$252K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2148−0.110%$361K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2149−0.064%$33K$686K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2152+0.089%$179K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2098−2.445%$827$834K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2148−0.111%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2154+0.173%$279K$1.1M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2148−0.111%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2138−0.591%$48K$11010xas long as short
Aevo ENA-PERPshort+0.0104%1h0.21500.000%$75K$4K3x
Phoenix ENA+0.0150%1h0.2157+0.303%$8K$347K10xas long as short
01 Exchange ENAUSD+0.0160%1h0.2140−0.501%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0232%1h0.2149−0.046%$2.7M$5.1M50xas long as short
dYdX ENA-USD+0.0243%1h0.2139−0.517%$141K$15K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0333% / S −0.0430%1h0.2151+0.007%$81K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2149−0.046%$5.7M$2.0M75xas long as short
Extended ENA-USD+0.0384%1h0.2136−0.680%$1.6M$4.3M50xas long as short
Reya ENARUSDPERPlong+0.0412%1h0.2150long leg$1K$5K15x
Coinbase International ENA-PERP-INTX+0.0608%1h0.2162+0.540%$855K$1.8M50xas long as short
Hyperliquid ENA+0.0753%1h0.2143−0.334%$115.6M$74.5M10xas long as short
Lighter ENA+0.0784%1h0.2142−0.385%$5.7M$13.6M10xas long as short