ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Arcus+0.025%7-day average — · you sell dearer than you buy

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

Long on Arcus 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.025% dearer against Arcus than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus ENA-USD	0.2130	0.0100	pay 0.0013% / 1h	59m 47s	$79K	$281K	10x
Short	gTrade (Gains Network) ENA/USD	0.2131	L +0.0004% / S −0.0004%	get 0.0000% / 1h	59m 47s	$82K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Arcus. 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 ArcusbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.025%Rate

Funding earned: −$20.24
Price spread: +0.025% → 0.000%: $2.49
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.25
Costs to cover: 0.145%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 39 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 39 min ago	9.53 bp	12.5 bp −$13	23.9 bp −$239	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ENA_USDC	−0.0083%	4h	0.2129	−0.056%	$44K	$17K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2130	+0.009%	$61K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2131	+0.025%	$82K	—	150x
01 Exchange ENAUSD	+0.0024%	1h	0.2130	+0.014%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.310%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2130	0.000%	$54K	$487K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2130	−0.002%	$572K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2131	+0.056%	$115.6M	$74.9M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2132	+0.094%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2130	−0.011%	$411K	$562K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2131	+0.055%	$129.7M	$426.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2130	+0.014%	$89.8M	$191.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2130	+0.023%	$21.3M	$108.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2127	−0.117%	$33K	$313K	5x	as long as short
Arcus ENA-USDlong	+0.0100%	1h	0.2130	long leg	$79K	$281K	10x
Bulk ENA-USD	+0.0100%	1h	0.2118	−0.540%	$92K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2131	+0.038%	$13.3M	$27.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2132	+0.089%	$39.6M	$43.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2133	+0.150%	$25.1M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2129	−0.066%	$48.2M	$60.1M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2131	+0.038%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2134	+0.164%	$413K	$483K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2127	−0.138%	$3.1M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2114	−0.738%	$255K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	−0.701%	$358K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2115	−0.704%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2131	+0.047%	$175K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2080	−2.362%	$1K	$911K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2130	0.000%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2132	+0.108%	$268K	$808K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2130	0.000%	$1.9M	$9.0M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2131	+0.036%	$48K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2130	−0.007%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2131	+0.034%	$75K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0147%	1h	0.2131	+0.040%	$2.6M	$4.4M	50x	as long as short
Lighter ENA	+0.0184%	1h	0.2133	+0.141%	$5.0M	$13.9M	10x	as long as short
Phoenix ENA	+0.0190%	1h	0.2129	−0.028%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0308% / S −0.0754%	1h	0.2131	+0.045%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2128	−0.108%	$5.6M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2130	−0.023%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2134	+0.202%	$802K	$2.0M	50x	as long as short
dYdX ENA-USD	+0.0760%	1h	0.2129	−0.053%	$141K	$16K	5x	as long as short