ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: Binance against gTrade (Gains Network)−0.154%7-day average −0.016% · 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−$352as in the Price arb table

costs, in and out, $10k−$3383.384% of the position

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.154%, 7d avg −0.016%

Together, before fees+0.140%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.138% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.016%). If the spread goes back, that is −$14 on $10k: about 4.8 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	gTrade (Gains Network) ENA/USD	0.2131	L +0.0004% / S −0.0004%	pay 0.0000% / 1h	49m 13s	$91K	—	150x
Short	Binance ENAUSDT	0.2128	0.0100	get 0.0050% / 4h	2h 49m	$132.4M	$444.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.154%Rate

Funding earned: $20.26
Price spread: −0.154% → −0.016%: −$13.77
Slippage, 4 orders: −$318.4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$331.91
Costs to cover: 3.384%
Break-even: 121.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 65 min ago; Binance: live order book, 10 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 gTrade (Gains Network) virtual book (oracle venue), 65 min ago	130.03 bp	186.1 bp −$186	1556.6 bp −$15.6K	15425.0 bp −$1.54M	doesn't fit
Sell Binance live order book, 10 min ago	0.23 bp	9.2 bp −$9	17.9 bp −$179	70.4 bp −$7,036	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	−0.081%	$79K	$1.6M	50x	as long as short
gTrade (Gains Network) ENA/USDlong	L +0.0004% / S −0.0004%	1h	0.2131	long leg	$91K	—	150x
01 Exchange ENAUSD	+0.0016%	1h	0.2133	+0.088%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.363%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0036%	1h	0.2134	+0.112%	$141K	$15K	5x	as long as short
Orderly PERP_ENA_USDC	+0.0038%	4h	0.2129	−0.123%	$41K	$23K	10x	as long as short
Lighter ENA	+0.0096%	1h	0.2129	−0.123%	$5.5M	$13.6M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2132	+0.041%	$53K	$526K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2133	+0.078%	$703K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2135	+0.182%	$1.5M	$3.3M	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	0.2135	+0.160%	$418K	$548K	10x	as long as short
Binance ENAUSDTshort	+0.0100%	4h	0.2128	−0.154%	$132.4M	$444.5M	75x
Bybit ENAUSDT	+0.0100%	4h	0.2126	−0.241%	$87.0M	$186.7M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2129	−0.100%	$21.2M	$109.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2124	−0.311%	$17K	$408K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2135	+0.182%	$116K	$253K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2127	−0.178%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2131	+0.013%	$10.8M	$20.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2126	−0.222%	$44.9M	$43.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2130	−0.062%	$24.6M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2128	−0.166%	$48.2M	$61.0M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2132	+0.027%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2135	+0.163%	$369K	$383K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2125	−0.277%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2121	−0.474%	$244K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2124	−0.328%	$356K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2126	−0.241%	$32K	$690K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2133	+0.074%	$180K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2077	−2.531%	$1K	$844K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2129	−0.100%	$4K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2134	+0.153%	$275K	$1.0M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2129	−0.100%	$1.9M	$9.4M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2133	+0.090%	$48K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2129	−0.079%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2127	−0.194%	$7K	$351K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0250%	1h	0.2130	−0.076%	$2.7M	$4.9M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0251% / S −0.0206%	1h	0.2131	−0.026%	$51K	—	100x	as long as short
Extended ENA-USD	+0.0304%	1h	0.2127	−0.176%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2132	+0.060%	$5.7M	$2.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2131	−0.001%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0507%	1h	0.2135	+0.172%	$115.0M	$74.4M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2131	+0.013%	$837K	$1.8M	50x	as long as short