ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Ondo Perps−0.493%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on gTrade (Gains Network)

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 airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.493% cheaper against Ondo Perps than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ENA-USD.P	0.2101	0.0100	pay 0.0013% / 1h	2m 21s	$22K	$321K	5x
Short	gTrade (Gains Network) ENA/USD	0.2091	L +0.0004% / S −0.0004%	get 0.0000% / 1h	2m 21s	$81K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Ondo Perps. 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 Ondo PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.493%Rate

Funding earned: −$20.25
Price spread: −0.493% → 0.000%: −$49.31
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$84.56
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Ondo Perps and gTrade (Gains Network): 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	−0.0131%	4h	0.2090	−0.528%	$43K	$25K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2090	−0.509%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2090	−0.500%	$72K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2091	−0.493%	$81K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.071%	$522	$57K	5.5x	as long as short
Gate ENA_USDT	+0.0052%	4h	0.2090	−0.509%	$11.1M	$22.5M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0094%	1h	0.2095	−0.257%	$357K	$400K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2090	−0.519%	$56K	$466K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2095	−0.268%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2090	−0.524%	$647K	$1.7M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ENA	+0.0100%	1h	0.2092	−0.400%	$113.4M	$74.0M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2092	−0.447%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2095	−0.287%	$398K	$513K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2090	−0.535%	$126.5M	$411.7M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2089	−0.543%	$84.3M	$173.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2091	−0.452%	$20.8M	$102.3M	50x	as long as short
Ondo Perps ENA-USD.Plong	+0.0100%	1h	0.2101	long leg	$22K	$321K	5x
Arcus ENA-USD	+0.0100%	1h	0.2091	−0.471%	$78K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2094	−0.307%	$92K	−$0	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2091	−0.462%	$45.2M	$41.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2092	−0.447%	$24.7M	$15.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2090	−0.505%	$47.5M	$57.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2091	−0.495%	—	$31.7M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2099	−0.106%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2098	−0.119%	$241K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2098	−0.137%	$347K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2101	+0.005%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2092	−0.424%	$190K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2040	−2.894%	$1K	$857K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2090	−0.519%	$3K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2099	−0.095%	$272K	$773K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2090	−0.519%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2090	−0.530%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2090	−0.519%	$73K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2100	−0.043%	$8K	$274K	10x	as long as short
Lighter ENA	+0.0160%	1h	0.2092	−0.414%	$5.2M	$13.3M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0175%	1h	0.2091	−0.449%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0305% / S −0.0358%	1h	0.2090	−0.496%	$69K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2096	−0.252%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2090	−0.499%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2095	−0.257%	$858K	$1.7M	50x	as long as short
dYdX ENA-USD	+0.1186%	1h	0.2094	−0.323%	$138K	$15K	5x	as long as short