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+0.0212%/8h= +23.2% APRnext payment +$0.26 per $10,000 · paid last 24h +0.021%
Price spread now: Nado against 01 Exchange+0.111%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.111% dearer against 01 Exchange than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ENAUSD0.2113−0.0112get 0.0014% / 1h28m 17s$4K$16910x
ShortNado ENA-PERP0.21150.0100get 0.0012% / 1h28m 17s$559K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$44.52
Price spread: +0.111% → 0.000%
$11.12
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$41.64
Costs to cover
0.140%
Break-even
0.5 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 5 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 Nado live order book, 5 min ago0.94 bp7.2 bp −$721.3 bp −$213doesn't fitdoesn't fit
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
01 Exchange ENAUSDlong−0.0112%1h0.2113long leg$4K$16910x
Orderly PERP_ENA_USDC−0.0101%4h0.2117+0.180%$44K$16K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2118+0.246%$75K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2116+0.151%$81K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.473%$734$57K5.5xas long as short
Gate ENA_USDT+0.0036%4h0.2115+0.118%$13.2M$27.7M50xas long as short
Bitget ENAUSDT+0.0092%4h0.2116+0.147%$48.0M$61.2M75xas long as short
Lighter ENA+0.0096%1h0.2120+0.341%$4.9M$13.0M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2112−0.038%$54K$499K50xas long as short
Paradex ENA-USD-PERP+0.0099%8h0.2116+0.156%$47K$11010xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERPshort+0.0100%1h0.2115+0.111%$559K$1.8M10x
Hyperliquid ENA+0.0100%1h0.2116+0.156%$115.1M$76.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2119+0.293%$1.4M$3.4M50xas long as short
Pacifica ENA+0.0100%1h0.2116+0.175%$406K$562K10xas long as short
Binance ENAUSDT+0.0100%4h0.2118+0.265%$128.5M$431.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2119+0.293%$88.2M$194.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2120+0.364%$20.9M$108.5M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2114+0.062%$28K$326K5xas long as short
Arcus ENA-USD+0.0100%1h0.2115+0.104%$77K$283K10xas long as short
Bulk ENA-USD+0.0100%1h0.2113−0.012%$92K$51110xas long as short
MEXC ENA_USDT+0.0100%4h0.2119+0.279%$40.6M$43.4M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2119+0.275%$24.9M$16.0M75xas long as short
BingX ENA-USDC+0.0100%4h0.2116+0.137%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2121+0.398%$410K$480K5xas long as short
Variational Omni ENA+0.0100%4h0.2114+0.062%$3.1M$9.8Mas long as short
edgeX ENAUSDC+0.0100%4h0.2118+0.257%$246K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2116+0.147%$356K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2117+0.199%$19K$645K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2116+0.151%$174K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2068−2.130%$1K$930K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2117+0.199%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2120+0.350%$264K$843K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2120+0.341%$1.8M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2116+0.160%$1.6M$4.7M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2119+0.278%$74K$4K3xas long as short
dYdX ENA-USD+0.0119%1h0.2118+0.258%$140K$16K5xas long as short
Phoenix ENA+0.0150%1h0.2118+0.237%$13K$267K10xas long as short
Kraken Futures PF_ENAUSD+0.0197%1h0.2119+0.271%$2.6M$4.4M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0756%1h0.2116+0.149%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2118+0.232%$5.6M$3.4M75xas long as short
Reya ENARUSDPERP+0.0411%1h0.2115+0.114%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0544%1h0.2117+0.189%$784K$2.0M50xas long as short