Funding you earn now, next payment 23:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.012%
Price spread now: Bitget against GMX−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.030% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ENA/USD [ETH-USDC] | 0.2091 | L +0.0236% / S −0.0402% | pay 0.0030% / 1h | 23m 16s | $38K | — | 100x |
| Short | Bitget ENAUSDT | 0.2090 | 0.0100 | get 0.0050% / 4h | 1h 23m | $47.3M | $64.9M | 75x |
GMX ENA/USD [ETH-USDC]
Bitget ENAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$28.61
- Price spread: −0.030% → 0.000%
- −$3.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.62
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 6 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 6 min ago | 0.48 bp | 11.7 bp −$12 | 19.9 bp −$199 | 41.1 bp −$4,115 | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack ENA_USDC_PERP | −0.0072% | 1h | 0.2094 | +0.166% | $361K | $447K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0054% | 4h | 0.2091 | +0.008% | $40K | $24K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2092 | +0.051% | $92K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2092 | +0.043% | $100K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +1.563% | $522 | $57K | 5.5x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0066% | 1h | 0.2093 | +0.112% | $2.6M | $5.5M | 50x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2092 | +0.061% | $61K | $531K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2090 | −0.019% | $47K | $221 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2091 | +0.020% | $658K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2092 | +0.057% | $1.5M | $3.3M | 50x | as long as short |
Backpack ENA_USDC_PERP
Orderly PERP_ENA_USDC
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Kraken Futures PF_ENAUSD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERP
Aster ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2092 | +0.046% | $405K | $578K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2092 | +0.066% | $129.0M | $456.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2091 | −0.006% | $87.0M | $191.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2092 | +0.037% | $20.1M | $111.4M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2093 | +0.094% | $15K | $401K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2093 | +0.109% | $82K | $222K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2088 | −0.107% | $88K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2092 | +0.061% | $10.4M | $21.3M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2092 | +0.066% | $45.7M | $46.9M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2093 | +0.123% | $23.8M | $16.5M | 75x | as long as short |
| Bitget ENAUSDTshort | +0.0100% | 4h | 0.2090 | −0.030% | $47.3M | $64.9M | 75x | |
| BingX ENA-USDT | +0.0100% | 4h | 0.2091 | +0.013% | — | $32.8M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2089 | −0.069% | $3.8M | $10.3M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2093 | +0.088% | $248K | $7.8M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2094 | +0.156% | $354K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2094 | +0.156% | $32K | $711K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2092 | +0.061% | $181K | $2.7M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2042 | −2.345% | $835 | $815K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2092 | +0.061% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2095 | +0.209% | $272K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2091 | +0.013% | $1.9M | $9.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2091 | +0.036% | $77K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2091 | +0.032% | $5K | $356K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0128% | 1h | 0.2093 | +0.123% | $4K | $432 | 10x | as long as short |
| GMX ENA/USD [ETH-USDC]long | L +0.0236% / S −0.0402% | 1h | 0.2091 | long leg | $38K | — | 100x | |
| Extended ENA-USD | +0.0320% | 1h | 0.2091 | −0.001% | $1.6M | $4.2M | 50x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2092 | +0.037% | $5.5M | $8.0M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2091 | +0.029% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0512% | 1h | 0.2094 | +0.142% | $5.6M | $12.9M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2097 | +0.324% | $806K | $2.1M | 50x | as long as short |
| Hyperliquid ENA | +0.0578% | 1h | 0.2095 | +0.209% | $110.6M | $78.9M | 10x | as long as short |
| dYdX ENA-USD | +0.1957% | 1h | 0.2091 | +0.018% | $138K | $15K | 5x | as long as short |
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Aevo ENA-PERP
Phoenix ENA
01 Exchange ENAUSD
Extended ENA-USD
BloFin ENA-USDT
Reya ENARUSDPERP
Lighter ENA
Coinbase International ENA-PERP-INTX
Hyperliquid ENA
dYdX ENA-USD