ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.148%

Price spread now: Lighter against gTrade (Gains Network)+0.088%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Lighter

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.088% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ENA/USD	0.2122	L +0.0004% / S −0.0004%	pay 0.0000% / 1h	35m 57s	$82K	—	150x
Short	Lighter ENA	0.2124	0.0200	get 0.0025% / 1h	35m 57s	$5.3M	$13.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.088%Rate

Funding earned: $41.23
Price spread: +0.088% → 0.000%: $8.81
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $40.05
Costs to cover: 0.100%
Break-even: 0.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 8 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 8 min ago	0.24 bp	2.0 bp −$2	5.0 bp −$50	120.6 bp −$12.1K	doesn't fit

gTrade (Gains Network): 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	−0.0143%	4h	0.2121	−0.039%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2122	+0.022%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2122	−0.016%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDlong	L +0.0004% / S −0.0004%	1h	0.2122	long leg	$82K	—	150x
Gate ENA_USDT	+0.0016%	4h	0.2123	+0.060%	$11.2M	$23.6M	50x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.069%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2121	−0.044%	$57K	$467K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2122	−0.006%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2120	−0.067%	$658K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2125	+0.149%	$115.4M	$74.3M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENAUSDT	+0.0100%	4h	0.2126	+0.210%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2121	−0.039%	$398K	$525K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2126	+0.173%	$128.7M	$417.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2127	+0.253%	$86.0M	$175.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2128	+0.286%	$21.3M	$104.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2104	−0.840%	$20K	$321K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2122	+0.003%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2112	−0.468%	$93K	−$0	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2126	+0.206%	$46.9M	$40.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2128	+0.267%	$25.1M	$15.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2126	+0.211%	$48.3M	$58.0M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2123	+0.050%	—	$31.3M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2122	−0.015%	$3.1M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2100	−1.024%	$241K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2102	−0.937%	$357K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2101	−0.986%	$20K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2122	+0.008%	$189K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2072	−2.372%	$915	$869K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2121	−0.044%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2129	+0.310%	$268K	$797K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2121	−0.044%	$1.8M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2126	+0.198%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2120	−0.112%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0153%	1h	0.2111	−0.529%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0162%	1h	0.2122	+0.006%	$2.6M	$4.3M	50x	as long as short
Lighter ENAshort	+0.0200%	1h	0.2124	+0.088%	$5.3M	$13.0M	10x
GMX ENA/USD [ETH-USDC]	L +0.0307% / S −0.0358%	1h	0.2122	+0.008%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2120	−0.067%	$5.5M	$3.0M	75x	as long as short
dYdX ENA-USD	+0.0344%	1h	0.2119	−0.125%	$140K	$15K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2120	−0.076%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0593%	1h	0.2123	+0.069%	$360K	$400K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2111	−0.496%	$864K	$1.7M	50x	as long as short