Funding you earn now, next payment 23:00 UTC−0.0549%/8h= −60.1% APRnext payment −$0.69 per $10,000 · paid last 24h −0.163%
Price spread now: gTrade (Gains Network) against Coinbase International−0.178%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3583.577% of the position
Funding, last 3 days (all we have)−0.438%−$44 on $10k
+Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.178%, 7d avg −0.143%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and gTrade (Gains Network) is 0.035% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.143%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ENA-PERP-INTX | 0.2132 | 0.0552 | pay 0.0069% / 1h | 2m 12s | $842K | $1.9M | 50x |
| Short | gTrade (Gains Network) ENA/USD | 0.2129 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 2m 12s | $97K | — | 150x |
Coinbase International ENA-PERP-INTX
gTrade (Gains Network) ENA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$115.3
- Price spread: −0.178% → −0.143%
- −$3.46
- Slippage, 4 orders
- −$337.72
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$476.48
- Costs to cover
- 3.577%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 82 min ago.
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 Coinbase International live order book, 1 min ago | 5.39 bp | 13.6 bp −$14 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 82 min ago | 130.03 bp | 135.0 bp −$135 | 748.2 bp −$7,482 | doesn't fit | doesn't fit |
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 | 0.2129 | −0.155% | $95K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ENA/USDshort | L +0.0003% / S −0.0003% | 1h | 0.2129 | −0.178% | $97K | — | 150x | |
| Orderly PERP_ENA_USDC | +0.0012% | 4h | 0.2128 | −0.220% | $41K | $24K | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.422% | $522 | $57K | 5.5x | as long as short |
| Backpack ENA_USDC_PERP | +0.0057% | 1h | 0.2129 | −0.169% | $379K | $445K | 5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2126 | −0.300% | $63K | $527K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2126 | −0.291% | $682K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2129 | −0.183% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2127 | −0.242% | $411K | $559K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2127 | −0.255% | $131.9M | $449.6M | 75x | as long as short |
Deribit ENA_USDC-PERPETUAL
Orderly PERP_ENA_USDC
Injective ENA/USDC PERP
Backpack ENA_USDC_PERP
Popdex ENAUSDT
Nado ENA-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ENAUSDT | +0.0100% | 4h | 0.2126 | −0.305% | $89.3M | $189.0M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2127 | −0.267% | $20.7M | $110.7M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2127 | −0.277% | $15K | $395K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2127 | −0.253% | $84K | $222K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2126 | −0.304% | $90K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2127 | −0.258% | $10.8M | $21.7M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2126 | −0.286% | $46.5M | $45.7M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2129 | −0.174% | $24.7M | $16.4M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2126 | −0.310% | $48.2M | $63.5M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2128 | −0.188% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2121 | −0.518% | $3.9M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2122 | −0.486% | $246K | $7.6M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2123 | −0.435% | $360K | $4.7M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2123 | −0.441% | $34K | $713K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2128 | −0.216% | $179K | $2.4M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2076 | −2.636% | $1K | $828K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2127 | −0.253% | $4K | $11K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2140 | +0.333% | $278K | $1.4M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2127 | −0.253% | $1.9M | $9.3M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2127 | −0.268% | $48K | $221 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2131 | −0.085% | $78K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0189% | 1h | 0.2125 | −0.361% | $7K | $347K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0208% | 1h | 0.2128 | −0.197% | $4K | $302 | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0240% | 1h | 0.2128 | −0.183% | $2.7M | $5.2M | 50x | as long as short |
| Extended ENA-USD | +0.0248% | 1h | 0.2128 | −0.221% | $1.6M | $4.2M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0250% / S −0.0434% | 1h | 0.2127 | −0.237% | $38K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2127 | −0.234% | $5.6M | $4.7M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2127 | −0.265% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTXlong | +0.0552% | 1h | 0.2132 | long leg | $842K | $1.9M | 50x | |
| Lighter ENA | +0.0560% | 1h | 0.2129 | −0.159% | $5.6M | $12.9M | 10x | as long as short |
| Hyperliquid ENA | +0.0745% | 1h | 0.2130 | −0.117% | $114.8M | $78.3M | 10x | as long as short |
| dYdX ENA-USD | +0.1078% | 1h | 0.2128 | −0.213% | $141K | $15K | 5x | as long as short |
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
Kraken Futures PF_ENAUSD
Extended ENA-USD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Hyperliquid ENA
dYdX ENA-USD