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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Popdex against gTrade (Gains Network)+0.026%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 +$3 a day on $10k at the current rate, and Popdex is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 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/USD0.2104L +0.0004% / S −0.0004%pay 0.0000% / 1h40m 08s$81K150x
ShortPopdex ENAUSDT0.21050.0096get 0.0012% / 1h40m 08s$55K$478K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$19.39
Price spread: +0.026% → 0.000%
$2.61
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
$5.61
Costs to cover
0.164%
Break-even
5.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Popdex: live order book, 64 min ago. 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 Popdex live order book, 64 min ago1.40 bp9.8 bp −$1076.1 bp −$761doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ENA_USDC−0.0096%4h0.2104−0.021%$44K$17K10xas long as short
01 Exchange ENAUSD−0.0016%1h0.2106+0.064%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2104−0.007%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0004% / S −0.0004%1h0.2104long leg$81K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.900%$522$57K5.5xas long as short
Lighter ENA+0.0096%1h0.2106+0.059%$5.0M$13.8M10xas long as short
Popdex ENAUSDTshort+0.0096%1h0.2105+0.026%$55K$478K50x
Paradex ENA-USD-PERP+0.0100%8h0.2106+0.076%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2105+0.005%$560K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2102−0.110%$113.9M$75.1M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2105+0.006%$1.4M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2107+0.112%$404K$560K10xas long as short
Binance ENAUSDT+0.0100%4h0.2103−0.059%$127.8M$425.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2100−0.230%$90.0M$187.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2101−0.173%$21.1M$106.8M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2107+0.145%$38K$318K5xas long as short
Arcus ENA-USD+0.0100%1h0.2106+0.074%$78K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2113+0.400%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2101−0.169%$12.7M$26.9M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2101−0.183%$39.1M$42.9M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2102−0.131%$24.8M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2099−0.278%$47.7M$59.6M75xas long as short
BingX ENA-USDC+0.0100%4h0.2101−0.178%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2102−0.121%$411K$490K5xas long as short
Variational Omni ENA+0.0100%4h0.2106+0.085%$3.0M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2117+0.581%$254K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2115+0.506%$365K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2117+0.596%$19K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2104+0.002%$188K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2054−2.416%$1K$905K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2104−0.021%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2108+0.164%$265K$817K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2103−0.069%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2103−0.084%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2104−0.003%$74K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0149%1h0.2105+0.036%$2.6M$4.4M50xas long as short
Phoenix ENA+0.0190%1h0.2108+0.188%$8K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0754%1h0.2104−0.011%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2108+0.188%$5.6M$3.4M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2103−0.082%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2116+0.544%$874K$1.8M50xas long as short
dYdX ENA-USD+0.0732%1h0.2108+0.149%$139K$16K5xas long as short