ENA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GMXENA/USD [ETH-USDC]	0.2106	L −0.0441S +0.0321	get 0.0055% / 1h	17m 17s	$34K	$348K	50x	Long GMX5% off
SHORT	RISExENA/USDC	0.2107	−0.4464	pay 0.0558% / 1h	17m 17s	$178K	$338K	10x	Short RISExInvite

Price gap+0.064%

Funding gap−0.4023% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $121 a day and eats that in about 1 hour. At the last 7 days' pace that is about 2.3 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$20−0.4023% /8h now · paid −0.201% over the last 7D

Price+$7spread +0.064% now, avg −0.002% → +0.066% if it goes back

Costsno datano order book for GMX

Result, before costs−$13−0.13%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.201% in total, about −0.0096%/8h on average.

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.064%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ENA on 45 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for GMX: its slippage is not counted.
Note: Margin at max leverage$200 + $1,000
GMX 50x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$120.69Long GMX: 24 payments, +$13.24; short RISEx: 24 payments, −$133.93.
OK: Entry gap works for you+0.064% vs −0.002%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$34K vs $178K OI
GMX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legGMX No · RISEx No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0096%/8h × 21 periods−$20.06

Price spread+0.064% → −0.002% (7d avg)+$6.65

Slippage, 4 ordersno data for GMX—

Fee GMX bp × 2 orders−$12.00

Fee RISEx bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$31.41

Costs to cover0.180%Break-evennever at this rate

Slippage: GMX: no order-book sample; RISEx: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGMX—————

SELL · SHORTRISEx1.925.2 bp−$530.0 bp−$300doesn’t fitdoesn’t fit

Closing costs about the same again.
GMX: no data.

ENA news

posts that mention ENA, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market ENARUSDPERP ($ENA) seen by our collector
10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-20 09:08	Bullet	Listing	By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-20 08:16	Bullet	Listing	new market ENA-USD ($ENA) seen by our collector
10-16 07:56	Pacifica	Listing	$ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗

ENA