ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0307%/8h= −33.6% APRnext payment −$0.38 per $10,000 · paid last 24h +0.595%

Price spread now: dYdX against GMX+0.148%7-day average — · you sell dearer than you buy

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

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. dYdX is 0.148% dearer against GMX than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ENA/USD [ETH-USDC]	0.2124	L +0.0307% / S −0.0754%	pay 0.0038% / 1h	56m 24s	$58K	—	100x
Short	dYdX ENA-USD	0.2127	0	get 0.0000% / 1h	56m 24s	$141K	$16K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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 GMXbpFee dYdXbpOrdersPrice spread, now +0.148%Rate

Funding earned: −$64.51
Price spread: +0.148% → 0.000%: $14.83
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$71.67
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: live order book, 43 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 dYdX live order book, 43 min ago	37.93 bp	42.9 bp −$43	384.2 bp −$3,842	823.7 bp −$82.4K	1524.0 bp −$762.0K

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
Phemex ENAUSDT	−0.5222%	4h	0.2133	+0.422%	$1.9M	$9.0M	50x	as long as short
GRVT ENA_USDT_Perp	−0.0452%	4h	0.2123	−0.042%	$359K	$4.7M	10x	as long as short
Orderly PERP_ENA_USDC	−0.0081%	4h	0.2123	−0.053%	$44K	$17K	10x	as long as short
01 Exchange ENAUSD	−0.0072%	1h	0.2127	+0.121%	$4K	$277	10x	as long as short
dYdX ENA-USDshort	0.0000%	1h	0.2127	+0.148%	$141K	$16K	5x
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2134	+0.465%	$76K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2124	−0.013%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.030%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2125	+0.046%	$53K	$486K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2124	−0.008%	$570K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ENA	+0.0100%	1h	0.2125	+0.065%	$115.3M	$75.0M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2126	+0.092%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2129	+0.215%	$410K	$564K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2124	−0.006%	$129.1M	$426.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2123	−0.048%	$88.7M	$192.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2124	−0.006%	$21.3M	$108.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2131	+0.323%	$33K	$313K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2127	+0.140%	$79K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2127	+0.117%	$93K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2124	−0.001%	$13.3M	$26.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2125	+0.046%	$39.4M	$42.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2126	+0.093%	$25.0M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2122	−0.077%	$48.1M	$60.4M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2124	−0.006%	—	$31.4M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2127	+0.143%	$3.1M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2126	+0.112%	$257K	$7.0M	20x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2125	+0.046%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2125	+0.065%	$175K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2083	−1.941%	$1K	$912K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2133	+0.422%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2135	+0.512%	$268K	$807K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2126	+0.111%	$48K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2126	+0.090%	$1.6M	$4.4M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2124	−0.008%	$74K	$4K	3x	as long as short
Lighter ENA	+0.0112%	1h	0.2130	+0.258%	$5.0M	$12.5M	10x	as long as short
Phoenix ENA	+0.0190%	1h	0.2134	+0.465%	$13K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0196%	1h	0.2134	+0.448%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]long	L +0.0307% / S −0.0754%	1h	0.2124	long leg	$58K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2134	+0.446%	$4.8M	$3.4M	75x	as long as short
Backpack ENA_USDC_PERP	+0.0372%	1h	0.2134	+0.451%	$413K	$477K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2124	−0.020%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2138	+0.644%	$803K	$2.0M	50x	as long as short