ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0206%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.015%

Price spread now: Pacifica against GMX+0.046%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 Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 0.046% dearer against GMX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ENA/USD [ETH-USDC]	0.2103	L +0.0306% / S −0.0358%	pay 0.0038% / 1h	13m 00s	$70K	—	100x
Short	Pacifica ENA	0.2104	0.0100	get 0.0013% / 1h	13m 00s	$401K	$513K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.046%Rate

Funding earned: −$43.21
Price spread: +0.046% → 0.000%: $4.61
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$58.6
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 41 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 Pacifica live order book, 41 min ago	1.18 bp	9.6 bp −$10	doesn't fit	doesn't fit	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
Orderly PERP_ENA_USDC	−0.0124%	4h	0.2102	−0.028%	$44K	$26K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0072%	1h	0.2103	+0.010%	$358K	$400K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2103	−0.004%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2103	+0.011%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0008%	1h	0.2104	+0.067%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.980%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2103	+0.010%	$56K	$465K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2104	+0.056%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2103	−0.002%	$653K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2104	+0.063%	$1.5M	$3.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENAshort	+0.0100%	1h	0.2104	+0.046%	$401K	$513K	10x
Binance ENAUSDT	+0.0100%	4h	0.2102	−0.052%	$127.3M	$413.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2102	−0.023%	$85.0M	$174.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2103	−0.004%	$20.9M	$103.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2104	+0.058%	$22K	$326K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2105	+0.105%	$78K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2100	−0.135%	$92K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2102	−0.033%	$11.2M	$22.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2102	−0.057%	$45.5M	$41.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2103	−0.004%	$24.8M	$15.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2100	−0.118%	$47.7M	$57.5M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2102	−0.019%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2106	+0.142%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2106	+0.143%	$242K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2106	+0.153%	$348K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2110	+0.343%	$20K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2103	+0.015%	$189K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2052	−2.425%	$1K	$854K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2102	−0.038%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2106	+0.148%	$272K	$778K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2102	−0.038%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2101	−0.090%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2103	−0.009%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2104	+0.067%	$8K	$274K	10x	as long as short
Hyperliquid ENA	+0.0120%	1h	0.2104	+0.043%	$114.3M	$74.1M	10x	as long as short
Lighter ENA	+0.0168%	1h	0.2104	+0.077%	$5.2M	$13.3M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0174%	1h	0.2104	+0.041%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]long	L +0.0306% / S −0.0358%	1h	0.2103	long leg	$70K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2102	−0.023%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2102	−0.033%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2109	+0.291%	$863K	$1.7M	50x	as long as short
dYdX ENA-USD	+0.1099%	1h	0.2104	+0.049%	$139K	$15K	5x	as long as short