ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.668%

Price spread now: GMX against dYdX−0.102%7-day average — · you buy dearer than you sell

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

Long on dYdX 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 0.102% cheaper against dYdX than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.0 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	dYdX ENA-USD	0.2108	0.0092	pay 0.0012% / 1h	38m 08s	$139K	$15K	5x
Short	GMX ENA/USD [ETH-USDC]	0.2106	L +0.0251% / S −0.0206%	get 0.0026% / 1h	38m 08s	$50K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $23.94
Price spread: −0.102% → 0.000%: −$10.24
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$8.3
Costs to cover: 0.220%
Break-even: 9.4 days

Slippage unknown: dYdX: live order book, 26 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 dYdX live order book, 26 min ago	153.18 bp	162.3 bp −$162	425.1 bp −$4,251	827.4 bp −$82.7K	1591.6 bp −$795.8K
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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2104	−0.156%	$78K	$1.3M	50x	as long as short
Orderly PERP_ENA_USDC	+0.0001%	4h	0.2103	−0.212%	$44K	$27K	10x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2105	−0.110%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0016%	1h	0.2106	−0.094%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.741%	$522	$57K	5.5x	as long as short
dYdX ENA-USDlong	+0.0092%	1h	0.2108	long leg	$139K	$15K	5x
Popdex ENAUSDT	+0.0096%	1h	0.2104	−0.179%	$54K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2105	−0.110%	$680K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2107	−0.051%	$113.2M	$71.3M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2106	−0.091%	$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	0.2106	−0.067%	$411K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2103	−0.225%	$129.1M	$422.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2102	−0.250%	$86.2M	$176.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2103	−0.236%	$20.7M	$102.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2106	−0.094%	$19K	$364K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2106	−0.084%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2113	+0.248%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2105	−0.122%	$11.0M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2103	−0.241%	$45.3M	$41.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2105	−0.141%	$24.5M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2101	−0.303%	$47.9M	$57.9M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2104	−0.189%	—	$32.2M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2104	−0.170%	$372K	$364K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2112	+0.197%	$3.4M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2113	+0.266%	$244K	$7.3M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	+0.339%	$362K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	+0.390%	$32K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2106	−0.084%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2056	−2.452%	$1K	$841K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2103	−0.227%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.139%	$276K	$780K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2104	−0.179%	$1.8M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2105	−0.135%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2103	−0.230%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2104	−0.203%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2118	+0.475%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0251% / S −0.0206%	1h	0.2106	−0.102%	$50K	—	100x
Kraken Futures PF_ENAUSD	+0.0286%	1h	0.2105	−0.141%	$2.6M	$4.3M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2103	−0.217%	$5.6M	$3.1M	75x	as long as short
Lighter ENA	+0.0368%	1h	0.2106	−0.099%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2105	−0.133%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2117	+0.452%	$833K	$1.5M	50x	as long as short