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

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0124%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h −0.008%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.068%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. gTrade (Gains Network) is 0.068% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 44 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.2149−0.0120get 0.0015% / 1h19m 06s$4K$16910x
ShortgTrade (Gains Network) ENA/USD0.2147L +0.0004% / S −0.0004%get 0.0000% / 1h19m 06s$83K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$25.96
Price spread: −0.068% → 0.000%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$2.16
Costs to cover
0.170%
Break-even
6.4 days
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
01 Exchange and gTrade (Gains Network): 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
Phemex ENAUSDT−0.0226%4h0.2147−0.079%$1.9M$8.9M50xas long as short
01 Exchange ENAUSDlong−0.0120%1h0.2149long leg$4K$16910x
Orderly PERP_ENA_USDC−0.0100%4h0.2147−0.098%$45K$15K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2148−0.033%$76K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0004% / S −0.0004%1h0.2147−0.068%$83K150x
Injective ENA/USDC PERP+0.0033%1h0.2122−1.247%$734$57K5.5xas long as short
Bitget ENAUSDT+0.0070%4h0.2145−0.168%$48.7M$60.6M75xas long as short
dYdX ENA-USD+0.0092%1h0.2150+0.045%$142K$16K5xas long as short
Lighter ENA+0.0096%1h0.2150+0.042%$5.0M$13.0M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2148−0.033%$55K$496K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0099%8h0.2150+0.043%$48K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2149+0.005%$568K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2149+0.014%$117.3M$76.4M10xas long as short
Aster ENAUSDT+0.0100%4h0.2149−0.005%$1.4M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2150+0.038%$411K$560K10xas long as short
Binance ENAUSDT+0.0100%4h0.2147−0.056%$129.6M$427.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2148−0.042%$89.0M$192.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2147−0.088%$21.2M$108.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2140−0.391%$39K$330K5xas long as short
Arcus ENA-USD+0.0100%1h0.2149+0.014%$80K$284K10xas long as short
Bulk ENA-USD+0.0100%1h0.2113−1.683%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2148−0.051%$13.5M$28.0M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2147−0.093%$42.3M$43.8M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2149−0.005%$25.2M$15.9M75xas long as short
BingX ENA-USDC+0.0100%4h0.2147−0.074%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2147−0.061%$415K$479K5xas long as short
Variational Omni ENA+0.0100%4h0.2144−0.240%$3.1M$9.7Mas long as short
edgeX ENAUSDC+0.0100%4h0.2141−0.362%$250K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2144−0.220%$360K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2143−0.265%$19K$645K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2150+0.051%$177K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2098−2.341%$1K$927K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2148−0.033%$4K$6K10xas long as short
HTX ENA-USDT+0.0100%4h0.2153+0.200%$268K$845K50xas long as short
Extended ENA-USD+0.0104%1h0.2147−0.068%$1.6M$4.7M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2146−0.106%$75K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2139−0.461%$13K$267K10xas long as short
Kraken Futures PF_ENAUSD+0.0194%1h0.2148−0.024%$2.6M$4.4M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0308% / S −0.0756%1h0.2145−0.177%$59K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2148−0.051%$5.6M$3.5M75xas long as short
Reya ENARUSDPERP+0.0411%1h0.2148−0.033%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0544%1h0.2154+0.265%$800K$2.0M50xas long as short