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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 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 SoDEX+0.022%7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.022% dearer against SoDEX than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ENA-USD0.21140.0100pay 0.0013% / 1h11m 09s$4K$7K10x
ShortgTrade (Gains Network) ENA/USD0.2114L +0.0004% / S −0.0004%get 0.0000% / 1h11m 09s$82K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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
−$20.25
Price spread: +0.022% → 0.000%
$2.22
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$36.02
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 88 min ago. 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 SoDEX no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 88 min ago130.03 bp135.0 bp −$135748.2 bp −$7,482doesn't fitdoesn't fit
SoDEX: 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
Orderly PERP_ENA_USDC−0.0034%4h0.2114+0.005%$44K$26K10xas long as short
01 Exchange ENAUSD0.0000%1h0.2113−0.028%$4K$30210xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2115+0.066%$79K$1.3M50xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0004% / S −0.0004%1h0.2114+0.022%$82K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+0.445%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2112−0.095%$55K$498K50xas long as short
Nado ENA-PERP+0.0100%1h0.2113−0.048%$663K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2117+0.142%$114.0M$71.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2115+0.047%$1.5M$3.0M50xas long as short
Pacifica ENA+0.0100%1h0.2114−0.009%$413K$506K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2114+0.021%$129.5M$417.1M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2114+0.019%$86.5M$175.0M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2116+0.076%$20.8M$102.5M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2112−0.118%$19K$349K5xas long as short
Arcus ENA-USD+0.0100%1h0.2113−0.047%$78K$275K10xas long as short
Bulk ENA-USD+0.0100%1h0.2120+0.284%$93K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2115+0.052%$11.1M$21.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2115+0.071%$46.0M$42.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2116+0.104%$24.7M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.21140.000%$48.1M$57.5M75xas long as short
BingX ENA-USDC+0.0100%4h0.2115+0.033%$6.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2117+0.118%$375K$362K5xas long as short
Variational Omni ENA+0.0100%4h0.2112−0.074%$3.4M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2119+0.219%$244K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2119+0.237%$357K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2119+0.237%$22K$651K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2113−0.038%$188K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2062−2.465%$1K$840K20xas long as short
SoDEX ENA-USDlong+0.0100%1h0.2114long leg$4K$7K10x
HTX ENA-USDT+0.0100%4h0.2116+0.095%$276K$780K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116+0.095%$1.9M$8.8M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2112−0.077%$47K$11010xas long as short
Extended ENA-USD+0.0104%1h0.2115+0.024%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2114+0.003%$74K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2119+0.227%$8K$298K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0253% / S −0.0213%1h0.2115+0.034%$51K100xas long as short
Kraken Futures PF_ENAUSD+0.0285%1h0.2116+0.100%$2.7M$4.3M50xas long as short
Lighter ENA+0.0312%1h0.2117+0.123%$5.3M$13.9M10xas long as short
dYdX ENA-USD+0.0331%1h0.2113−0.058%$140K$15K5xas long as short
BloFin ENA-USDT+0.0340%4h0.2115+0.043%$5.6M$3.1M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2113−0.065%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0664%1h0.2116+0.076%$833K$1.5M50xas long as short