ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.079%

Price spread now: GMX against Reya+0.024%7-day average — · you sell dearer than you buy

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

Long on Reya 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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.024% dearer against Reya than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ENARUSDPERP	0.2096	0.0412	pay 0.0051% / 1h	2m 36s	$1K	$5K	15x
Short	GMX ENA/USD [ETH-USDC]	0.2096	L +0.0305% / S −0.0358%	get 0.0045% / 1h	2m 36s	$70K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Reya. 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 ReyabpFee GMXbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$11.35
Price spread: +0.024% → 0.000%: $2.36
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$26.99
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Reya and 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
Orderly PERP_ENA_USDC	−0.0132%	4h	0.2095	−0.022%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2090	−0.256%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2096	+0.021%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2096	+0.003%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.329%	$522	$57K	5.5x	as long as short
Gate ENA_USDT	+0.0052%	4h	0.2090	−0.256%	$11.1M	$22.5M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0094%	1h	0.2095	−0.003%	$357K	$400K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2090	−0.265%	$56K	$466K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2095	−0.014%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2095	−0.018%	$649K	$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	0.2095	−0.003%	$113.6M	$74.0M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2096	+0.017%	$1.4M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2095	−0.032%	$398K	$513K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2095	−0.048%	$126.8M	$411.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2094	−0.089%	$84.5M	$173.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2094	−0.060%	$20.8M	$102.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2101	+0.255%	$22K	$321K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2091	−0.217%	$78K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2094	−0.052%	$92K	−$0	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2094	−0.060%	$45.3M	$41.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2096	+0.016%	$24.7M	$15.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2089	−0.303%	$47.5M	$57.3M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2091	−0.241%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2099	+0.149%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2098	+0.136%	$241K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2098	+0.118%	$347K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2101	+0.260%	$20K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2097	+0.050%	$188K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2044	−2.460%	$900	$856K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2095	−0.027%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2099	+0.179%	$272K	$773K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2096	+0.021%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2089	−0.296%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2095	−0.003%	$73K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2100	+0.212%	$8K	$274K	10x	as long as short
Lighter ENA	+0.0160%	1h	0.2097	+0.078%	$5.2M	$13.3M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0174%	1h	0.2096	+0.039%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0305% / S −0.0358%	1h	0.2096	+0.024%	$70K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2096	+0.002%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERPlong	+0.0412%	1h	0.2096	long leg	$1K	$5K	15x
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2097	+0.093%	$860K	$1.7M	50x	as long as short
dYdX ENA-USD	+0.1186%	1h	0.2094	−0.068%	$138K	$15K	5x	as long as short