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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.37 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against SunX+2.347%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Orderly is 2.347% dearer against SunX than usual: you sell high and buy low (spread +2.347% now, against zero (this spread has no 7-day history yet)): +$235 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ENA-USDT0.20670.0100pay 0.0050% / 4h3h 35m$841$828K20x
ShortOrderly PERP_ENA_USDC0.21150.0026get 0.0013% / 4h3h 35m$41K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
−$15.61
Price spread: +2.347% → 0.000%
$234.65
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$205.04
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: SunX: live order book, 16 min ago; Orderly: 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 SunX live order book, 16 min ago330.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h0.2116+2.371%$82K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2116+2.366%$97K150xas long as short
Backpack ENA_USDC_PERP+0.0004%1h0.2117+2.438%$377K$415K5xas long as short
Orderly PERP_ENA_USDCshort+0.0026%4h0.2115+2.347%$41K$23K10x
dYdX ENA-USD+0.0032%1h0.2115+2.337%$140K$15K5xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+2.734%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2112+2.182%$62K$524K50xas long as short
Nado ENA-PERP+0.0100%1h0.2114+2.257%$673K$1.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2116+2.369%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2114+2.293%$410K$552K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2113+2.222%$131.1M$444.8M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2112+2.158%$88.8M$186.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2112+2.177%$20.7M$108.6M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2116+2.356%$15K$399K5xas long as short
Arcus ENA-USD+0.0100%1h0.2116+2.376%$105K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117+2.400%$89K−$010xas long as short
Gate ENA_USDT+0.0100%4h0.2114+2.264%$10.8M$20.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2114+2.288%$46.1M$44.3M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2117+2.400%$24.4M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2111+2.129%$47.9M$61.6M75xas long as short
BingX ENA-USDC+0.0100%4h0.2114+2.255%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2115+2.314%$3.8M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2117+2.446%$247K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2117+2.424%$356K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2118+2.472%$34K$686K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2112+2.192%$179K$2.4M10xas long as short
SunX ENA-USDTlong+0.0100%4h0.2067long leg$841$828K20x
SoDEX ENA-USD+0.0100%1h0.2116+2.376%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2119+2.540%$275K$1.3M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116+2.376%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2113+2.251%$47K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2116+2.376%$74K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2121+2.608%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0224%1h0.2113+2.245%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0236%1h0.2117+2.437%$2.7M$5.1M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0250% / S −0.0434%1h0.2115+2.346%$38K100xas long as short
Extended ENA-USD+0.0272%1h0.2113+2.228%$1.6M$4.3M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2119+2.521%$5.6M$2.8M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2111+2.157%$1K$5K15xas long as short
Lighter ENA+0.0600%1h0.2117+2.424%$5.6M$12.6M10xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2120+2.559%$837K$1.8M50xas long as short
Hyperliquid ENA+0.0700%1h0.2119+2.506%$114.3M$75.3M10xas long as short