ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.110%

Price spread now: GMX against Coinbase International−0.209%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on GMX

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

Funding pays, the price is against you. GMX is 0.209% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.209% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 7.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ENA-PERP-INTX	0.2133	0.0656	pay 0.0082% / 1h	1m 16s	$801K	$2.0M	50x
Short	GMX ENA/USD [ETH-USDC]	0.2129	L +0.0308% / S −0.0754%	get 0.0094% / 1h	1m 16s	$58K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.209%Rate

Funding earned: $20.51
Price spread: −0.209% → 0.000%: −$20.86
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$22.35
Costs to cover: 0.220%
Break-even: 14.6 days

Slippage unknown: Coinbase International: live order book, 2 min ago; GMX: 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 Coinbase International live order book, 2 min ago	3.78 bp	23.4 bp −$23	26.4 bp −$264	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	0.2127	−0.281%	$44K	$17K	10x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2128	−0.234%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0024%	1h	0.2126	−0.328%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.469%	$522	$57K	5.5x	as long as short
Deribit ENA_USDC-PERPETUAL	+0.0079%	1h	0.2129	−0.192%	$61K	$1.1M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2126	−0.347%	$53K	$484K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2127	−0.279%	$572K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2129	−0.230%	$115.4M	$74.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2130	−0.157%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2126	−0.328%	$410K	$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	0.2130	−0.159%	$129.6M	$426.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2129	−0.202%	$89.7M	$191.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2128	−0.234%	$21.3M	$108.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2119	−0.684%	$33K	$312K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2128	−0.253%	$79K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2118	−0.698%	$92K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2128	−0.244%	$13.3M	$27.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2129	−0.216%	$39.6M	$43.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2128	−0.272%	$25.0M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2127	−0.319%	$48.3M	$60.1M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2128	−0.244%	—	$31.3M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2129	−0.211%	$412K	$483K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2114	−0.925%	$3.1M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2114	−0.896%	$255K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	−0.859%	$358K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2115	−0.862%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2128	−0.253%	$175K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2077	−2.662%	$1K	$910K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2128	−0.253%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2134	+0.047%	$268K	$808K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2129	−0.206%	$1.9M	$9.0M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2127	−0.309%	$48K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2127	−0.289%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2128	−0.253%	$74K	$4K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0147%	1h	0.2129	−0.218%	$2.6M	$4.4M	50x	as long as short
Lighter ENA	+0.0176%	1h	0.2130	−0.136%	$5.0M	$13.9M	10x	as long as short
Phoenix ENA	+0.0190%	1h	0.2129	−0.187%	$13K	$273K	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0308% / S −0.0754%	1h	0.2129	−0.209%	$58K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2128	−0.267%	$5.6M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2127	−0.290%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTXlong	+0.0656%	1h	0.2133	long leg	$801K	$2.0M	50x
dYdX ENA-USD	+0.0773%	1h	0.2126	−0.337%	$140K	$16K	5x	as long as short