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 Polymarket Perps−0.057%7-day average — · you buy dearer than you sell

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

Long on Polymarket 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—needs 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 0.057% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 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	Polymarket Perps ENA-USD	0.2111	0.0100	pay 0.0013% / 1h	56m 35s	$178K	$2.3M	10x
Short	gTrade (Gains Network) ENA/USD	0.2110	L +0.0004% / S −0.0004%	get 0.0000% / 1h	56m 35s	$82K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket 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 Polymarket PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.057%Rate

Funding earned: −$20.25
Price spread: −0.057% → 0.000%: −$5.68
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.93
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 min ago; 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 Polymarket Perps live order book, 2 min ago	3.31 bp	7.3 bp −$7	8.6 bp −$86	13697.8 bp −$1.37M	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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
Backpack ENA_USDC_PERP	−0.0265%	1h	0.2110	−0.071%	$361K	$401K	5x	as long as short
Phemex ENAUSDT	−0.0227%	4h	0.2109	−0.109%	$1.8M	$8.9M	50x	as long as short
Gate ENA_USDT	−0.0088%	4h	0.2107	−0.213%	$11.1M	$22.0M	50x	as long as short
Orderly PERP_ENA_USDC	−0.0083%	4h	0.2109	−0.133%	$44K	$25K	10x	as long as short
dYdX ENA-USD	0.0000%	1h	0.2109	−0.119%	$139K	$15K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2109	−0.090%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2110	−0.057%	$82K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.573%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0064%	1h	0.2108	−0.161%	$4K	$302	10x	as long as short
Phoenix ENA	+0.0076%	1h	0.2117	+0.246%	$8K	$265K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ENAUSDT	+0.0096%	1h	0.2106	−0.251%	$56K	$464K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2107	−0.224%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2110	−0.062%	$657K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2112	+0.032%	$1.5M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2108	−0.156%	$402K	$511K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2108	−0.171%	$128.2M	$415.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2107	−0.213%	$85.1M	$175.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2108	−0.175%	$21.0M	$103.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2115	+0.161%	$20K	$319K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	−0.156%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2107	−0.227%	$92K	$4K	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	−0.208%	$45.9M	$40.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2109	−0.123%	$24.9M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2106	−0.251%	$47.8M	$57.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2107	−0.194%	—	$32.2M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2114	+0.122%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2114	+0.149%	$244K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2114	+0.128%	$352K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2115	+0.175%	$20K	$650K	50x	as long as short
Polymarket Perps ENA-USDlong	+0.0100%	1h	0.2111	long leg	$178K	$2.3M	10x
SunX ENA-USDT	+0.0100%	4h	0.2060	−2.449%	$1K	$851K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2109	−0.109%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.251%	$274K	$793K	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2106	−0.247%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2109	−0.098%	$74K	$4K	3x	as long as short
Lighter ENA	+0.0120%	1h	0.2110	−0.052%	$5.2M	$13.2M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0173%	1h	0.2111	−0.032%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2110	−0.060%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2108	−0.161%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2109	−0.102%	$1K	$5K	15x	as long as short
Hyperliquid ENA	+0.0437%	1h	0.2111	−0.033%	$115.0M	$74.8M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2120	+0.422%	$866K	$1.7M	50x	as long as short