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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0150%/8h= −16.4% APRnext payment $0.19 per $10,000 · paid last 24h −0.005%
Price spread now: SoDEX against GMX−0.012%7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ENA/USD [ETH-USDC]0.2118L +0.0250% / S −0.0434%pay 0.0031% / 1h37m 16s$38K100x
ShortSoDEX ENA-USD0.21180.0100get 0.0013% / 1h37m 16s$4K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
−$31.51
Price spread: −0.012% → 0.000%
−$1.23
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$52.74
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample
Sell SoDEX no order-book sample
GMX 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
Backpack ENA_USDC_PERP−0.0012%1h0.2119+0.059%$377K$417K5xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2119+0.016%$86K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0003%1h0.2118+0.006%$97K150xas long as short
Orderly PERP_ENA_USDC+0.0024%4h0.2118−0.017%$41K$23K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.243%$522$57K5.5xas long as short
dYdX ENA-USD+0.0035%1h0.2117−0.056%$140K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2118−0.012%$62K$524K50xas long as short
Nado ENA-PERP+0.0100%1h0.2118+0.009%$674K$1.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2119+0.057%$1.5M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2119+0.040%$411K$552K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2119+0.016%$131.4M$445.4M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2118−0.017%$89.1M$186.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2118−0.012%$20.8M$109.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2119+0.011%$15K$399K5xas long as short
Arcus ENA-USD+0.0100%1h0.2120+0.082%$97K$236K10xas long as short
Bulk ENA-USD+0.0100%1h0.2117−0.083%$89K−$010xas long as short
Gate ENA_USDT+0.0100%4h0.2118−0.026%$10.8M$20.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2118+0.007%$46.3M$44.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2120+0.101%$24.4M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2117−0.059%$48.0M$61.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2118−0.003%$32.6Mas long as short
Variational Omni ENA+0.0100%4h0.2118−0.011%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2117−0.037%$247K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2117−0.059%$356K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2118−0.012%$34K$709K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2119+0.016%$179K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2069−2.316%$805$828K20xas long as short
SoDEX ENA-USDshort+0.0100%1h0.2118−0.012%$4K$10K10x
HTX ENA-USDT+0.0100%4h0.2121+0.144%$275K$1.4M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2119+0.035%$1.9M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2118+0.004%$47K$22110xas long as short
Aevo ENA-PERP+0.0104%1h0.2118−0.002%$74K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2119+0.025%$7K$347K10xas long as short
01 Exchange ENAUSD+0.0224%1h0.2120+0.073%$4K$30210xas long as short
Kraken Futures PF_ENAUSD+0.0236%1h0.2120+0.100%$2.7M$5.1M50xas long as short
GMX ENA/USD [ETH-USDC]longL +0.0250% / S −0.0434%1h0.2118long leg$38K100x
Extended ENA-USD+0.0272%1h0.2118−0.019%$1.6M$4.3M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2119+0.035%$5.6M$2.8M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2118−0.018%$1K$5K15xas long as short
Lighter ENA+0.0600%1h0.2122+0.153%$5.6M$12.6M10xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2120+0.073%$837K$1.9M50xas long as short
Hyperliquid ENA+0.0699%1h0.2122+0.177%$114.4M$75.3M10xas long as short