Funding you earn now, next payment 22:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h −0.013%
Price spread now: GMX against Extended−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GMX is 0.024% cheaper against Extended than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ENA-USD | 0.2097 | 0.0104 | pay 0.0013% / 1h | 33m 46s | $1.6M | $4.2M | 50x |
| Short | GMX ENA/USD [ETH-USDC] | 0.2096 | L +0.0212% / S −0.0161% | get 0.0020% / 1h | 33m 46s | $50K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $11.89
- Price spread: −0.024% → 0.000%
- −$2.43
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$7.54
- Costs to cover
- 0.170%
- Break-even
- 11.4 days
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.48 bp | 7.4 bp −$7 | 16.8 bp −$168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack ENA_USDC_PERP | −0.0333% | 1h | 0.2097 | +0.018% | $361K | $485K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0082% | 4h | 0.2096 | −0.025% | $41K | $23K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0032% | 1h | 0.2096 | −0.044% | $4K | $432 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2096 | −0.010% | $97K | $1.9M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2096 | −0.039% | $96K | — | 150x | as long as short |
| Gate ENA_USDT | +0.0006% | 4h | 0.2097 | +0.023% | $10.4M | $21.5M | 50x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.277% | $522 | $57K | 5.5x | as long as short |
| Phoenix ENA | +0.0076% | 1h | 0.2095 | −0.072% | $5K | $394K | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2095 | −0.077% | $59K | $541K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2097 | +0.011% | $47K | $221 | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ENA-PERP | +0.0100% | 1h | 0.2094 | −0.145% | $657K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2098 | +0.056% | $1.5M | $3.3M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2097 | +0.042% | $403K | $585K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2097 | +0.032% | $129.3M | $467.0M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2097 | −0.006% | $87.7M | $193.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2097 | +0.042% | $20.2M | $114.1M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2091 | −0.292% | $19K | $433K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2096 | −0.030% | $82K | $223K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2094 | −0.125% | $88K | $2K | 10x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2097 | +0.032% | $44.7M | $48.8M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2099 | +0.094% | $24.3M | $16.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2096 | −0.039% | $47.5M | $66.6M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2097 | +0.009% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2092 | −0.221% | $3.6M | $10.1M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2091 | −0.272% | $248K | $8.0M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2093 | −0.157% | $359K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2093 | −0.173% | $32K | $713K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2097 | −0.006% | $181K | $3.0M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2045 | −2.476% | $1K | $806K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2095 | −0.077% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2097 | +0.013% | $272K | $1.6M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2096 | −0.030% | $1.8M | $9.3M | 50x | as long as short |
| Extended ENA-USDlong | +0.0104% | 1h | 0.2097 | long leg | $1.6M | $4.2M | 50x | |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2097 | +0.003% | $77K | $11K | 3x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0104% | 1h | 0.2097 | +0.004% | $2.7M | $5.8M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC]short | L +0.0212% / S −0.0161% | 1h | 0.2096 | −0.024% | $50K | — | 100x | |
| Lighter ENA | +0.0272% | 1h | 0.2100 | +0.156% | $5.7M | $13.1M | 10x | as long as short |
| Hyperliquid ENA | +0.0298% | 1h | 0.2099 | +0.118% | $110.8M | $80.8M | 10x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2095 | −0.082% | $5.5M | $8.1M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2095 | −0.092% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0536% | 1h | 0.2101 | +0.199% | $802K | $2.2M | 50x | as long as short |
| dYdX ENA-USD | +0.8864% | 1h | 0.2098 | +0.062% | $139K | $15K | 5x | as long as short |
Extended ENA-USD
GMX ENA/USD [ETH-USDC]
Backpack ENA_USDC_PERP
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Gate ENA_USDT
Injective ENA/USDC PERP
Phoenix ENA
Popdex ENAUSDT
Paradex ENA-USD-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
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
Kraken Futures PF_ENAUSD
Lighter ENA
Hyperliquid ENA
BloFin ENA-USDT
Coinbase International ENA-PERP-INTX