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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0803%/8h= +88.0% APRnext payment +$1.00 per $10,000 · paid last 24h +0.640%
Price spread now: dYdX against 01 Exchange+0.030%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and dYdX is 0.030% dearer against 01 Exchange than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.21180.0032pay 0.0004% / 1h8m 13s$4K$27710x
ShortdYdX ENA-USD0.21190.0835get 0.0104% / 1h8m 13s$140K$16K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$168.7
Price spread: +0.030% → 0.000%
$3.05
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
$154.74
Costs to cover
0.170%
Break-even
0.6 days
Slippage unknown: 01 Exchange: no order-book sample; dYdX: live order book, 31 min ago. 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 dYdX live order book, 31 min ago37.93 bp42.9 bp −$43384.2 bp −$3,842823.7 bp −$82.4K1524.0 bp −$762.0K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ENA_USDC−0.0082%4h0.2117−0.076%$44K$17K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2116−0.085%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2117−0.071%$81K150xas long as short
01 Exchange ENAUSDlong+0.0032%1h0.2118long leg$4K$27710x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.250%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2117−0.052%$53K$485K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2119+0.030%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2116−0.120%$566K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2117−0.038%$114.8M$74.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2117−0.040%$1.4M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2119+0.021%$409K$562K10xas long as short
Binance ENAUSDT+0.0100%4h0.2116−0.099%$128.8M$424.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2115−0.165%$90.7M$187.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2117−0.076%$21.1M$107.3M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2114−0.175%$33K$311K5xas long as short
Arcus ENA-USD+0.0100%1h0.2119+0.042%$79K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2118+0.019%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2117−0.047%$13.0M$27.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2116−0.104%$39.6M$43.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2117−0.057%$24.9M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2114−0.184%$48.0M$59.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2115−0.123%$31.4Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2117−0.028%$410K$483K5xas long as short
Variational Omni ENA+0.0100%4h0.2108−0.492%$3.0M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2109−0.418%$254K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2110−0.393%$357K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2110−0.382%$19K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2117−0.071%$182K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2065−2.488%$1K$909K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2115−0.146%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2121+0.132%$267K$808K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116−0.099%$1.9M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2114−0.184%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2116−0.080%$74K$4K3xas long as short
Lighter ENA+0.0136%1h0.2118+0.009%$5.0M$13.9M10xas long as short
Kraken Futures PF_ENAUSD+0.0148%1h0.2116−0.089%$2.6M$4.3M50xas long as short
Phoenix ENA+0.0190%1h0.2118−0.014%$13K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0754%1h0.2117−0.058%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2116−0.080%$5.6M$3.4M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2115−0.133%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2098−0.954%$867K$1.8M50xas long as short
dYdX ENA-USDshort+0.0835%1h0.2119+0.030%$140K$16K5x