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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.017%
Price spread now: Bulk against 01 Exchange−0.162%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bulk is 0.162% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 4.1 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.2100−0.0032get 0.0004% / 1h52m 36s$4K$27710x
ShortBulk ENA-USD0.20960.0100get 0.0013% / 1h52m 36s$92K−$010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against 01 Exchange. 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
$27.72
Price spread: −0.162% → 0.000%
−$16.23
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$2.51
Costs to cover
0.140%
Break-even
7.6 days
Slippage unknown: 01 Exchange: no order-book sample; Bulk: 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 01 Exchange no order-book sample
Sell Bulk no order-book sample
01 Exchange and Bulk: 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−0.0138%4h0.2095−0.233%$44K$25K10xas long as short
Gate ENA_USDT−0.0052%4h0.2099−0.057%$10.9M$23.3M50xas long as short
01 Exchange ENAUSDlong−0.0032%1h0.2100long leg$4K$27710x
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2096−0.176%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2096−0.178%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+1.119%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2100+0.005%$56K$466K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2099−0.041%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2100+0.007%$651K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2099−0.029%$113.6M$74.1M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2100+0.008%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2099−0.039%$399K$512K10xas long as short
Binance ENAUSDT+0.0100%4h0.2100+0.029%$127.7M$416.2M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2101+0.057%$85.3M$175.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2101+0.062%$21.0M$103.5M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2092−0.362%$22K$319K5xas long as short
Arcus ENA-USD+0.0100%1h0.2100+0.005%$78K$276K10xas long as short
Bulk ENA-USDshort+0.0100%1h0.2096−0.162%$92K−$010x
MEXC ENA_USDT+0.0100%4h0.2099−0.038%$45.4M$40.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2101+0.038%$24.8M$15.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2098−0.081%$47.7M$57.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2099−0.024%$31.6Mas long as short
Variational Omni ENA+0.0100%4h0.2097−0.148%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2088−0.578%$239K$6.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2107+0.338%$348K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2106+0.290%$20K$648K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2096−0.176%$188K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2044−2.648%$1K$866K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2096−0.186%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2097−0.143%$273K$778K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2097−0.138%$1.7M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2099−0.053%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2096−0.186%$73K$4K3xas long as short
Lighter ENA+0.0152%1h0.2100+0.019%$5.2M$13.0M10xas long as short
Phoenix ENA+0.0153%1h0.2094−0.305%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0164%1h0.2098−0.070%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0305% / S −0.0358%1h0.2096−0.182%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2096−0.200%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2096−0.193%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0423%1h0.2098−0.095%$358K$400K5xas long as short
dYdX ENA-USD+0.0670%1h0.2098−0.076%$139K$15K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2100+0.005%$860K$1.7M50xas long as short