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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ENA | 0.2114 | 0.0100 | pay 0.0013% / 1h | 3m 36s | $403K | $521K | 10x |
| Short | GMX ENA/USD [ETH-USDC] | 0.2110 | L +0.0306% / S −0.0358% | get 0.0045% / 1h | 3m 36s | $70K | — | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 55 min ago | 3.08 bp | 8.0 bp −$8 | doesn't fit | 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 | −0.0135% | 1h | 0.2110 | −0.159% | $361K | $401K | 5x | as long as short |
| Orderly PERP_ENA_USDC | −0.0081% | 4h | 0.2109 | −0.221% | $44K | $25K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0024% | 1h | 0.2115 | +0.068% | $4K | $302 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2109 | −0.230% | $73K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2109 | −0.215% | $82K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.451% | $522 | $57K | 5.5x | as long as short |
| Phoenix ENA | +0.0076% | 1h | 0.2110 | −0.183% | $8K | $266K | 10x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2114 | +0.006% | $56K | $475K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2113 | −0.029% | $47K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2114 | +0.030% | $659K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ENAUSDT | +0.0100% | 4h | 0.2113 | −0.054% | $1.5M | $3.2M | 50x | as long as short |
| Pacifica ENAlong | +0.0100% | 1h | 0.2114 | long leg | $403K | $521K | 10x | |
| Binance ENAUSDT | +0.0100% | 4h | 0.2115 | +0.067% | $128.6M | $415.9M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2116 | +0.082% | $85.4M | $175.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2116 | +0.110% | $21.1M | $103.9M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2105 | −0.405% | $20K | $323K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2115 | +0.053% | $79K | $276K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2107 | −0.349% | $92K | $4K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2114 | +0.030% | $11.1M | $22.3M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2114 | +0.001% | $46.1M | $41.6M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2114 | +0.001% | $25.0M | $15.7M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2113 | −0.041% | $48.0M | $57.6M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2114 | −0.008% | — | $32.3M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2105 | −0.430% | $3.0M | $10.0M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2107 | −0.333% | $243K | $6.9M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2108 | −0.269% | $358K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2108 | −0.278% | $20K | $650K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2110 | −0.183% | $178K | $2.3M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2057 | −2.686% | $1K | $850K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2109 | −0.230% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2111 | −0.131% | $273K | $796K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2110 | −0.183% | $1.8M | $8.8M | 50x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2113 | −0.046% | $1.6M | $4.2M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2109 | −0.232% | $74K | $4K | 3x | as long as short |
| dYdX ENA-USD | +0.0159% | 1h | 0.2112 | −0.074% | $140K | $15K | 5x | as long as short |
| Lighter ENA | +0.0168% | 1h | 0.2116 | +0.091% | $5.2M | $13.5M | 10x | as long as short |
| Hyperliquid ENA | +0.0202% | 1h | 0.2117 | +0.139% | $115.3M | $74.8M | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0243% | 1h | 0.2111 | −0.154% | $2.6M | $4.3M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC]short | L +0.0306% / S −0.0358% | 1h | 0.2110 | −0.195% | $70K | — | 100x | |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2107 | −0.320% | $5.6M | $3.0M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2108 | −0.256% | $1K | $5K | 15x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0632% | 1h | 0.2128 | +0.673% | $870K | $1.7M | 50x | as long as short |
Pacifica ENA
GMX ENA/USD [ETH-USDC]
Backpack ENA_USDC_PERP
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Phoenix ENA
Popdex ENAUSDT
Paradex ENA-USD-PERP
Aster ENAUSDT
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Extended ENA-USD
Lighter ENA
Hyperliquid ENA
Kraken Futures PF_ENAUSD
BloFin ENA-USDT
Coinbase International ENA-PERP-INTX