Settings8H · net · $10k
Funding arb · Price arb /

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0258%/8h= +28.2% APRnext payment +$0.32 per $10,000 · paid last 24h +0.010%
Price spread now: GMX against Pacifica−0.195%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.195% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.195% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 2.5 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ENA0.21140.0100pay 0.0013% / 1h3m 36s$403K$521K10x
ShortGMX ENA/USD [ETH-USDC]0.2110L +0.0306% / S −0.0358%get 0.0045% / 1h3m 36s$70K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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

Funding earned
$54.1
Price spread: −0.195% → 0.000%
−$19.54
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$14.56
Costs to cover
0.200%
Break-even
5.1 days
Slippage unknown: Pacifica: live order book, 55 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 55 min ago3.08 bp8.0 bp −$8doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack ENA_USDC_PERP−0.0135%1h0.2110−0.159%$361K$401K5xas long as short
Orderly PERP_ENA_USDC−0.0081%4h0.2109−0.221%$44K$25K10xas long as short
01 Exchange ENAUSD−0.0024%1h0.2115+0.068%$4K$30210xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2109−0.230%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2109−0.215%$82K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.451%$522$57K5.5xas long as short
Phoenix ENA+0.0076%1h0.2110−0.183%$8K$266K10xas long as short
Popdex ENAUSDT+0.0096%1h0.2114+0.006%$56K$475K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2113−0.029%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2114+0.030%$659K$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2113−0.054%$1.5M$3.2M50xas long as short
Pacifica ENAlong+0.0100%1h0.2114long leg$403K$521K10x
Binance ENAUSDT+0.0100%4h0.2115+0.067%$128.6M$415.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2116+0.082%$85.4M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2116+0.110%$21.1M$103.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2105−0.405%$20K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2115+0.053%$79K$276K10xas long as short
Bulk ENA-USD+0.0100%1h0.2107−0.349%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2114+0.030%$11.1M$22.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2114+0.001%$46.1M$41.6M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2114+0.001%$25.0M$15.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2113−0.041%$48.0M$57.6M75xas long as short
BingX ENA-USDT+0.0100%4h0.2114−0.008%$32.3Mas long as short
Variational Omni ENA+0.0100%4h0.2105−0.430%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2107−0.333%$243K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2108−0.269%$358K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2108−0.278%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2110−0.183%$178K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2057−2.686%$1K$850K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2109−0.230%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2111−0.131%$273K$796K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2110−0.183%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2113−0.046%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2109−0.232%$74K$4K3xas long as short
dYdX ENA-USD+0.0159%1h0.2112−0.074%$140K$15K5xas long as short
Lighter ENA+0.0168%1h0.2116+0.091%$5.2M$13.5M10xas long as short
Hyperliquid ENA+0.0202%1h0.2117+0.139%$115.3M$74.8M10xas long as short
Kraken Futures PF_ENAUSD+0.0243%1h0.2111−0.154%$2.6M$4.3M50xas long as short
GMX ENA/USD [ETH-USDC]shortL +0.0306% / S −0.0358%1h0.2110−0.195%$70K100x
BloFin ENA-USDT+0.0340%4h0.2107−0.320%$5.6M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2108−0.256%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0632%1h0.2128+0.673%$870K$1.7M50xas long as short