Settings8H · net · $10k
Funding arb · Price arb /

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Injective against gTrade (Gains Network)+0.646%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.646% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2110L +0.0004% / S −0.0004%pay 0.0000% / 1h40m 45s$81K150x
ShortInjective ENA/USDC PERP0.21230.0033get 0.0004% / 1h40m 45s$522$57K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$6.23
Price spread: +0.646% → 0.000%
$64.6
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$60.82
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ENA_USDC−0.0097%4h0.2109−0.046%$44K$17K10xas long as short
01 Exchange ENAUSD−0.0016%1h0.2108−0.103%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2110+0.001%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0004% / S −0.0004%1h0.2110long leg$81K150x
Injective ENA/USDC PERPshort+0.0033%1h0.2123+0.646%$522$57K5.5x
Lighter ENA+0.0096%1h0.2107−0.127%$5.0M$13.8M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2107−0.131%$55K$478K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2106−0.176%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2107−0.115%$561K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2108−0.070%$114.3M$75.1M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2108−0.106%$1.4M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2107−0.140%$404K$560K10xas long as short
Binance ENAUSDT+0.0100%4h0.2107−0.123%$128.1M$425.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2104−0.278%$90.3M$187.0M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2105−0.212%$21.2M$107.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2107−0.108%$38K$318K5xas long as short
Arcus ENA-USD+0.0100%1h0.2106−0.179%$78K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2113+0.147%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2109−0.060%$12.7M$26.9M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2106−0.179%$39.1M$42.8M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2106−0.188%$24.8M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2103−0.326%$47.8M$59.6M75xas long as short
BingX ENA-USDT+0.0100%4h0.2105−0.202%$31.4Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2110+0.035%$412K$490K5xas long as short
Variational Omni ENA+0.0100%4h0.2106−0.167%$3.0M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2117+0.328%$254K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2115+0.253%$365K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2117+0.343%$19K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2108−0.089%$188K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2057−2.506%$1K$905K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2110+0.011%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2109−0.032%$265K$817K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2109−0.036%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2107−0.111%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2108−0.070%$74K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0149%1h0.2110+0.024%$2.6M$4.4M50xas long as short
Phoenix ENA+0.0190%1h0.2108−0.065%$8K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0754%1h0.2110−0.005%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2108−0.065%$5.6M$3.4M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2108−0.061%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2116+0.291%$874K$1.8M50xas long as short
dYdX ENA-USD+0.0732%1h0.2108−0.104%$139K$16K5xas long as short