ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0653%/8h= +71.5% APRnext payment +$0.82 per $10,000 · paid last 24h −0.060%

Price spread now: GMX against Hyperliquid−0.067%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on GMX

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.067% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ENA	0.2150	0.0100	pay 0.0013% / 1h	50m 49s	$116.0M	$76.4M	10x
Short	GMX ENA/USD [ETH-USDC]	0.2148	L +0.0308% / S −0.0753%	get 0.0094% / 1h	50m 49s	$59K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.067%Rate

Funding earned: $137.18
Price spread: −0.067% → 0.000%: −$6.65
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $109.53
Costs to cover: 0.210%
Break-even: 1.4 days

Slippage unknown: Hyperliquid: live order book, 13 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 13 min ago	1.15 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0140%	4h	0.2148	−0.098%	$45K	$26K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2142	−0.340%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2149	−0.023%	$67K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2148	−0.058%	$83K	—	150x	as long as short
dYdX ENA-USD	+0.0010%	1h	0.2143	−0.312%	$142K	$16K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−1.223%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2144	−0.265%	$57K	$484K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2145	−0.226%	$568K	$1.8M	10x	as long as short
Hyperliquid ENAlong	+0.0100%	1h	0.2150	long leg	$116.0M	$76.4M	10x
Aster ENAUSDT	+0.0100%	4h	0.2149	−0.042%	$1.4M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2142	−0.349%	$402K	$532K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2148	−0.056%	$130.1M	$428.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2149	−0.033%	$86.0M	$181.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2149	−0.047%	$21.5M	$109.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2142	−0.335%	$20K	$320K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2142	−0.358%	$79K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2148	−0.067%	$94K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2148	−0.074%	$12.3M	$25.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2149	−0.023%	$48.2M	$41.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2150	−0.005%	$24.9M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2148	−0.074%	$48.8M	$60.1M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2148	−0.060%	—	$31.8M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2149	−0.019%	$3.1M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2149	−0.021%	$255K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2149	−0.048%	$357K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2149	−0.033%	$19K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2147	−0.112%	$188K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2096	−2.512%	$1K	$897K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2148	−0.079%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2151	+0.065%	$271K	$819K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2150	+0.014%	$1.8M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2142	−0.376%	$48K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2148	−0.087%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2148	−0.079%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0110%	1h	0.2161	+0.521%	$8K	$276K	10x	as long as short
Lighter ENA	+0.0152%	1h	0.2152	+0.112%	$5.1M	$13.3M	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0308% / S −0.0753%	1h	0.2148	−0.067%	$59K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2147	−0.107%	$5.7M	$3.2M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2148	−0.083%	$1K	$5K	15x	as long as short
Kraken Futures PF_ENAUSD	+0.0439%	1h	0.2150	+0.017%	$2.7M	$4.3M	50x	as long as short
Coinbase International ENA-PERP-INTX	+0.0616%	1h	0.2146	−0.167%	$876K	$1.8M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0620%	1h	0.2151	+0.065%	$392K	$430K	5x	as long as short