Funding you earn now, next payment 07:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.019%
Price spread now: 01 Exchange against Variational Omni−0.179%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.179% cheaper against Variational Omni than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ENA | 0.2113 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $3.1M | $10.1M | — |
| Short | 01 Exchange ENAUSD | 0.2109 | 0.0008 | get 0.0001% / 1h | 4m 45s | $4K | $277 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.32
- Price spread: −0.179% → 0.000%
- −$17.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$44.21
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; 01 Exchange: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 4 min ago | 7.10 bp | doesn't fit | 11.8 bp −$118 | 49.7 bp −$4,968 | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ENA_USDC | −0.0099% | 4h | 0.2107 | −0.302% | $44K | $26K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2107 | −0.278% | $54K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2107 | −0.259% | $81K | — | 150x | as long as short |
| 01 Exchange ENAUSDshort | +0.0008% | 1h | 0.2109 | −0.179% | $4K | $277 | 10x | |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.498% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2108 | −0.231% | $55K | $481K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2108 | −0.208% | $47K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2108 | −0.250% | $558K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2103 | −0.449% | $113.8M | $75.3M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2103 | −0.473% | $1.4M | $3.3M | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2109 | −0.172% | $399K | $542K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2102 | −0.515% | $127.3M | $426.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2100 | −0.600% | $90.2M | $187.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2102 | −0.510% | $21.0M | $106.9M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2111 | −0.103% | $33K | $318K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2108 | −0.231% | $78K | $281K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2122 | +0.428% | $93K | $511 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2102 | −0.515% | $12.5M | $26.8M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2102 | −0.534% | $38.1M | $43.4M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2103 | −0.487% | $24.6M | $15.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2100 | −0.619% | $47.6M | $59.7M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2101 | −0.548% | — | $31.6M | — | as long as short |
| Variational Omni ENAlong | +0.0100% | 4h | 0.2113 | long leg | $3.1M | $10.1M | — | |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2113 | −0.005% | $257K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2111 | −0.089% | $351K | $4.9M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2113 | +0.006% | $19K | $647K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2108 | −0.240% | $182K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2057 | −2.635% | $1K | $902K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2105 | −0.373% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2113 | +0.006% | $265K | $818K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2106 | −0.326% | $1.8M | $8.8M | 50x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2100 | −0.605% | $1.6M | $4.3M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2107 | −0.279% | $74K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0110% | 1h | 0.2112 | −0.037% | $8K | $276K | 10x | as long as short |
| Lighter ENA | +0.0144% | 1h | 0.2104 | −0.420% | $5.0M | $13.7M | 10x | as long as short |
| Backpack ENA_USDC_PERP | +0.0222% | 1h | 0.2104 | −0.397% | $390K | $437K | 5x | as long as short |
| dYdX ENA-USD | +0.0245% | 1h | 0.2112 | −0.059% | $139K | $16K | 5x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0306% / S −0.0753% | 1h | 0.2108 | −0.249% | $58K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2106 | −0.340% | $5.6M | $3.3M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2106 | −0.307% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0448% | 1h | 0.2107 | −0.283% | $2.6M | $4.4M | 50x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0616% | 1h | 0.2135 | +1.071% | $881K | $1.8M | 50x | as long as short |
Variational Omni ENA
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Popdex ENAUSDT
Paradex ENA-USD-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Extended ENA-USD
Phoenix ENA
Lighter ENA
Backpack ENA_USDC_PERP
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Kraken Futures PF_ENAUSD
Coinbase International ENA-PERP-INTX