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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: SoDEX against gTrade (Gains Network)+0.077%54s7-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 SoDEX is 0.077% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2113L +0.0004% / S −0.0004%pay 0.0000% / 1h33m 28s$82K150x
ShortSoDEX ENA-USD0.21150.0100get 0.0013% / 1h33m 28s$4K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$20.23
Price spread: +0.077% → 0.000%
$7.71
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$9.95
Costs to cover
0.180%
Break-even
3.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 SoDEX no order-book sample
gTrade (Gains Network) and SoDEX: 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−0.0143%4h0.2115+0.096%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2115+0.101%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0004% / S −0.0004%1h0.2113long leg$82K150x
Gate ENA_USDT+0.0006%4h0.2113−0.032%$11.1M$23.6M50xas long as short
01 Exchange ENAUSD+0.0008%1h0.2116+0.106%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.475%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2112−0.065%$57K$468K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2113−0.039%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2112−0.053%$654K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2115+0.068%$114.8M$74.3M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2114+0.033%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2114+0.022%$397K$525K10xas long as short
Binance ENAUSDT+0.0100%4h0.2113−0.014%$128.1M$417.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2112−0.051%$85.4M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2113−0.008%$21.2M$104.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2118+0.205%$20K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2115+0.077%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2112−0.065%$93K−$010xas long as short
MEXC ENA_USDT+0.0100%4h0.2113−0.003%$46.6M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2114+0.044%$24.6M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2111−0.093%$48.0M$57.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2114+0.011%$31.2Mas long as short
Variational Omni ENA+0.0100%4h0.2122+0.390%$3.1M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2126+0.601%$244K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2118+0.219%$353K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2126+0.598%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2113+0.001%$188K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2065−2.293%$1K$870K20xas long as short
SoDEX ENA-USDshort+0.0100%1h0.2115+0.077%$4K$7K10x
HTX ENA-USDT+0.0100%4h0.2122+0.432%$268K$797K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2115+0.077%$1.8M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2112−0.061%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2115+0.101%$74K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2121+0.352%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0162%1h0.2117+0.153%$2.6M$4.3M50xas long as short
Lighter ENA+0.0216%1h0.2116+0.110%$5.2M$13.0M10xas long as short
dYdX ENA-USD+0.0304%1h0.2114+0.011%$140K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0358%1h0.2113+0.006%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2128+0.688%$5.6M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2112−0.042%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0596%1h0.2115+0.087%$358K$403K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2131+0.825%$872K$1.7M50xas long as short