ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.021%

Price spread now: GMX against Injective−0.030%7-day average — · you buy dearer than you sell

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

Long on Injective 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—needs both histories

Funding pays, the price is against you. GMX is 0.030% cheaper against Injective than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ENA/USDC PERP	0.2123	0.0033	pay 0.0004% / 1h	5m 07s	$522	$57K	5.5x
Short	GMX ENA/USD [ETH-USDC]	0.2123	L +0.0250% / S −0.0434%	get 0.0054% / 1h	5m 07s	$38K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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 InjectivebpFee GMXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $84.13
Price spread: −0.030% → 0.000%: −$2.97
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: $69.14
Costs to cover: 0.120%
Break-even: 1.2 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Injective and 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
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2124	+0.019%	$94K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2123	−0.013%	$97K	—	150x	as long as short
Orderly PERP_ENA_USDC	+0.0010%	4h	0.2122	−0.042%	$41K	$24K	10x	as long as short
Injective ENA/USDC PERPlong	+0.0033%	1h	0.2123	long leg	$522	$57K	5.5x
Backpack ENA_USDC_PERP	+0.0049%	1h	0.2125	+0.085%	$377K	$443K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2122	−0.066%	$62K	$526K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2121	−0.097%	$678K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2125	+0.088%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2122	−0.047%	$410K	$559K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2125	+0.076%	$131.7M	$449.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2124	+0.024%	$89.2M	$189.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2125	+0.057%	$20.7M	$110.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2122	−0.089%	$15K	$389K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2123	−0.019%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2126	+0.119%	$90K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2124	+0.024%	$10.8M	$21.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2124	+0.038%	$46.4M	$45.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2125	+0.089%	$24.6M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2123	−0.009%	$48.1M	$63.4M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2124	+0.014%	—	$32.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2121	−0.096%	$3.9M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2122	−0.064%	$246K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2127	+0.170%	$361K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2121	−0.113%	$34K	$713K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2123	−0.009%	$179K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2072	−2.444%	$1K	$828K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2124	+0.028%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2125	+0.080%	$276K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2123	−0.019%	$1.9M	$9.3M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2121	−0.107%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2123	−0.020%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2125	+0.061%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0200%	1h	0.2123	−0.005%	$4K	$302	10x	as long as short
Extended ENA-USD	+0.0240%	1h	0.2123	−0.008%	$1.6M	$4.2M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0240%	1h	0.2125	+0.096%	$2.7M	$5.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0250% / S −0.0434%	1h	0.2123	−0.030%	$38K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2125	+0.057%	$5.6M	$4.7M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2122	−0.057%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2126	+0.118%	$839K	$1.9M	50x	as long as short
Lighter ENA	+0.0560%	1h	0.2127	+0.184%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0744%	1h	0.2128	+0.198%	$114.7M	$78.3M	10x	as long as short
dYdX ENA-USD	+0.1138%	1h	0.2123	+0.001%	$140K	$15K	5x	as long as short