ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0290%/8h= +31.7% APRnext payment +$0.36 per $10,000 · paid last 24h −0.009%

Price spread now: GMX against Popdex+0.213%7-day average — · you sell dearer than you buy

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

Long on Popdex 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—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and GMX is 0.213% dearer against Popdex than usual: you sell high and buy low: +$21 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	Popdex ENAUSDT	0.2088	0.0096	pay 0.0012% / 1h	34m 00s	$59K	$536K	50x
Short	GMX ENA/USD [ETH-USDC]	0.2092	L +0.0229% / S −0.0386%	get 0.0048% / 1h	34m 00s	$38K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Popdex. 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 PopdexbpFee GMXbpOrdersPrice spread, now +0.213%Rate

Funding earned: $60.82
Price spread: +0.213% → 0.000%: $21.31
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee GMX: 6 bp × 2 orders: −$12
Net: $63.73
Costs to cover: 0.184%
Break-even: from the start

Slippage unknown: Popdex: live order book, 50 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 Popdex live order book, 50 min ago	0.71 bp	7.7 bp −$8	66.4 bp −$664	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	−0.0084%	1h	0.2096	+0.388%	$362K	$481K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0063%	4h	0.2093	+0.249%	$40K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2095	+0.330%	$93K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2093	+0.244%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.695%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2096	+0.380%	$2.6M	$5.6M	50x	as long as short
Popdex ENAUSDTlong	+0.0096%	1h	0.2088	long leg	$59K	$536K	50x
Paradex ENA-USD-PERP	+0.0100%	8h	0.2090	+0.084%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2089	+0.038%	$657K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2094	+0.307%	$1.5M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2091	+0.129%	$404K	$581K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2097	+0.426%	$129.2M	$458.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2095	+0.345%	$87.2M	$191.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2096	+0.398%	$20.2M	$112.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2094	+0.297%	$15K	$416K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2091	+0.144%	$82K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2098	+0.472%	$88K	$1K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2095	+0.340%	$10.4M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2098	+0.460%	$45.2M	$46.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2095	+0.354%	$23.9M	$16.5M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2095	+0.350%	$47.4M	$65.2M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2097	+0.421%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2091	+0.135%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2095	+0.348%	$249K	$7.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2095	+0.335%	$354K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2100	+0.575%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2089	+0.053%	$188K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2038	−2.385%	$1K	$814K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2095	+0.335%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2096	+0.402%	$273K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2094	+0.287%	$1.9M	$9.2M	50x	as long as short
01 Exchange ENAUSD	+0.0104%	1h	0.2089	+0.043%	$4K	$432	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2094	+0.294%	$77K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2095	+0.316%	$5K	$356K	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0229% / S −0.0386%	1h	0.2092	+0.213%	$38K	—	100x
Extended ENA-USD	+0.0288%	1h	0.2095	+0.350%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2093	+0.225%	$5.5M	$8.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2088	−0.012%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0504%	1h	0.2098	+0.484%	$5.6M	$12.9M	10x	as long as short
Hyperliquid ENA	+0.0567%	1h	0.2099	+0.508%	$110.9M	$79.6M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0576%	1h	0.2097	+0.412%	$806K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.1905%	1h	0.2090	+0.119%	$138K	$15K	5x	as long as short