ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0062%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.013%

Price spread now: GMX against Nado+0.047%7-day average — · you sell dearer than you buy

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

Long on Nado 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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.047% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ENA-PERP	0.2109	0.0100	pay 0.0012% / 1h	26m 05s	$662K	$1.8M	10x
Short	GMX ENA/USD [ETH-USDC]	0.2110	L +0.0214% / S −0.0162%	get 0.0020% / 1h	26m 05s	$50K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $12.94
Price spread: +0.047% → 0.000%: $4.74
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1.32
Costs to cover: 0.190%
Break-even: 7.7 days

Slippage unknown: Nado: live order book, 3 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 Nado live order book, 3 min ago	0.71 bp	6.2 bp −$6	15.3 bp −$153	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
Backpack ENA_USDC_PERP	−0.0255%	1h	0.2111	+0.076%	$363K	$484K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0082%	4h	0.2109	+0.009%	$41K	$23K	10x	as long as short
01 Exchange ENAUSD	−0.0024%	1h	0.2109	+0.005%	$4K	$432	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2111	+0.066%	$93K	$1.9M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2111	+0.064%	$97K	—	150x	as long as short
Gate ENA_USDT	+0.0032%	4h	0.2110	+0.047%	$10.5M	$21.6M	50x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.668%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2104	−0.270%	$5K	$394K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2109	−0.014%	$60K	$540K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2109	−0.015%	$47K	$221	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERPlong	+0.0100%	1h	0.2109	long leg	$662K	$1.8M	10x
Aster ENAUSDT	+0.0100%	4h	0.2112	+0.104%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2112	+0.106%	$407K	$595K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2110	+0.019%	$130.1M	$467.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2110	+0.024%	$88.1M	$193.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2110	+0.043%	$20.4M	$114.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2113	+0.166%	$19K	$432K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2110	+0.033%	$83K	$223K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2110	+0.038%	$45.9M	$49.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2111	+0.076%	$24.4M	$16.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2108	−0.047%	$47.8M	$66.5M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2110	+0.028%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2099	−0.495%	$3.6M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2100	−0.455%	$249K	$8.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2099	−0.468%	$359K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2100	−0.441%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2111	+0.062%	$184K	$3.0M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2061	−2.299%	$964	$808K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2110	+0.033%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.090%	$274K	$1.6M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	−0.014%	$1.9M	$9.3M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2100	−0.421%	$89K	$2K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0103%	1h	0.2111	+0.078%	$2.7M	$5.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2109	+0.005%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2110	+0.038%	$78K	$11K	3x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0214% / S −0.0162%	1h	0.2110	+0.047%	$50K	—	100x
Lighter ENA	+0.0320%	1h	0.2112	+0.152%	$5.7M	$13.2M	10x	as long as short
Hyperliquid ENA	+0.0340%	1h	0.2113	+0.161%	$111.5M	$80.9M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2111	+0.095%	$5.5M	$8.2M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2109	−0.027%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0536%	1h	0.2113	+0.175%	$807K	$2.2M	50x	as long as short
dYdX ENA-USD	+0.7333%	1h	0.2111	+0.077%	$139K	$15K	5x	as long as short