ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0079%/8h= −8.7% APRnext payment −$0.10 per $10,000 · paid last 24h +0.065%

Price spread now: GMX against Kraken Futures−0.018%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ENAUSD	0.2112	0.0285	pay 0.0036% / 1h	31m 51s	$2.7M	$4.3M	50x
Short	GMX ENA/USD [ETH-USDC]	0.2112	L +0.0251% / S −0.0206%	get 0.0026% / 1h	31m 51s	$50K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$16.64
Price spread: −0.018% → 0.000%: −$1.81
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$40.45
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	6.84 bp	12.3 bp −$12	15.9 bp −$159	107.2 bp −$10.7K	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	−0.0005%	4h	0.2110	−0.083%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2111	−0.045%	$79K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2111	−0.035%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0008%	1h	0.2115	+0.121%	$4K	$302	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.533%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0093%	1h	0.2115	+0.124%	$140K	$15K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2114	+0.088%	$55K	$497K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2112	−0.028%	$682K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2114	+0.083%	$113.6M	$71.4M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2113	+0.022%	$1.5M	$3.0M	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	0.2115	+0.128%	$413K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2112	−0.002%	$129.7M	$420.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2112	−0.016%	$86.6M	$175.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2113	+0.045%	$20.8M	$102.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2118	+0.263%	$19K	$366K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	+0.088%	$78K	$288K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2115	+0.135%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2112	−0.016%	$11.1M	$21.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2112	+0.012%	$45.4M	$41.9M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2113	+0.050%	$24.6M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2111	−0.068%	$48.1M	$57.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2112	+0.007%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2112	−0.021%	$374K	$364K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2113	+0.033%	$3.4M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2115	+0.125%	$244K	$7.3M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2117	+0.227%	$353K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	+0.183%	$32K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2115	+0.116%	$183K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2064	−2.265%	$1K	$840K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2111	−0.054%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.230%	$277K	$781K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2112	−0.007%	$1.9M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2115	+0.117%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2111	−0.035%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2111	−0.054%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2107	−0.239%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0251% / S −0.0206%	1h	0.2112	−0.018%	$50K	—	100x
Kraken Futures PF_ENAUSDlong	+0.0285%	1h	0.2112	long leg	$2.7M	$4.3M	50x
BloFin ENA-USDT	+0.0340%	4h	0.2117	+0.230%	$5.6M	$3.1M	75x	as long as short
Lighter ENA	+0.0384%	1h	0.2113	+0.060%	$5.5M	$13.6M	10x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.034%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0664%	1h	0.2118	+0.258%	$833K	$1.5M	50x	as long as short