ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: gTrade (Gains Network) against Aevo−0.050%57s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.050% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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	Aevo ENA-PERP	0.2107	0.0104	pay 0.0013% / 1h	39m 27s	$74K	$4K	3x
Short	gTrade (Gains Network) ENA/USD	0.2106	L +0.0004% / S −0.0004%	get 0.0000% / 1h	39m 27s	$82K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.050%Rate

Funding earned: −$21.09
Price spread: −0.050% → 0.000%: −$4.98
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$52.07
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 60 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) virtual book (oracle venue), 60 min ago	130.03 bp	135.0 bp −$135	748.2 bp −$7,482	doesn't fit	doesn't fit

Aevo: 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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2108	+0.038%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2106	−0.050%	$82K	—	150x
Orderly PERP_ENA_USDC	+0.0005%	4h	0.2107	−0.014%	$44K	$27K	10x	as long as short
01 Exchange ENAUSD	+0.0016%	1h	0.2106	−0.052%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.778%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2105	−0.095%	$54K	$498K	50x	as long as short
dYdX ENA-USD	+0.0097%	1h	0.2108	+0.037%	$139K	$15K	5x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2106	−0.031%	$680K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2108	+0.066%	$113.3M	$71.2M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2110	+0.128%	$1.5M	$3.0M	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	0.2108	+0.051%	$412K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2106	−0.052%	$129.3M	$423.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2106	−0.057%	$86.4M	$176.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2107	−0.005%	$20.7M	$102.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2112	+0.256%	$19K	$371K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2107	0.000%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	+0.285%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2107	+0.005%	$11.0M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2106	−0.047%	$45.4M	$41.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2107	+0.009%	$24.5M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2104	−0.119%	$48.0M	$57.9M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2106	−0.043%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2109	+0.076%	$373K	$364K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2112	+0.234%	$3.4M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2113	+0.303%	$244K	$7.3M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	+0.376%	$362K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	+0.427%	$32K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2107	−0.014%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2061	−2.188%	$1K	$841K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2107	0.000%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.456%	$277K	$780K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2108	+0.047%	$1.9M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2107	+0.012%	$47K	$110	10x	as long as short
Aevo ENA-PERPlong	+0.0104%	1h	0.2107	long leg	$74K	$4K	3x
Extended ENA-USD	+0.0112%	1h	0.2105	−0.077%	$1.6M	$4.1M	50x	as long as short
Phoenix ENA	+0.0150%	1h	0.2118	+0.513%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2105	−0.071%	$50K	—	100x	as long as short
Kraken Futures PF_ENAUSD	+0.0286%	1h	0.2109	+0.087%	$2.6M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2110	+0.161%	$5.6M	$3.1M	75x	as long as short
Lighter ENA	+0.0384%	1h	0.2110	+0.161%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2106	−0.048%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2117	+0.489%	$833K	$1.5M	50x	as long as short