ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.6% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Variational Omni+0.485%7-day average — · you sell dearer than you buy

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

Long on Variational Omni 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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.485% dearer against Variational Omni than usual: you sell high and buy low (spread +0.485% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ENA	0.2105	0.0100	pay 0.0050% / 4h	1m 25s	$3.0M	$10.0M	—
Short	gTrade (Gains Network) ENA/USD	0.2115	L +0.0004% / S −0.0004%	get 0.0000% / 1h	1m 25s	$82K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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 Variational OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.485%Rate

Funding earned: −$20.25
Price spread: +0.485% → 0.000%: $48.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $18.3
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago	4.75 bp	doesn't fit	19.0 bp −$190	66.5 bp −$6,648	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	−0.0129%	1h	0.2111	+0.314%	$361K	$401K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0080%	4h	0.2110	+0.248%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	−0.0016%	1h	0.2116	+0.514%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2111	+0.295%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2115	+0.485%	$82K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.885%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2110	+0.253%	$8K	$266K	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2114	+0.438%	$56K	$475K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2113	+0.370%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2113	+0.407%	$658K	$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	+0.411%	$1.5M	$3.2M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2113	+0.410%	$403K	$521K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2115	+0.466%	$128.5M	$415.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2114	+0.433%	$85.4M	$175.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2115	+0.466%	$21.1M	$103.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2105	+0.025%	$20K	$318K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2116	+0.533%	$79K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2107	+0.082%	$92K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2114	+0.462%	$11.1M	$22.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2114	+0.443%	$46.2M	$41.7M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2115	+0.509%	$25.0M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2113	+0.395%	$48.0M	$57.6M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2115	+0.485%	—	$6.5M	—	as long as short
Variational Omni ENAlong	+0.0100%	4h	0.2105	long leg	$3.0M	$10.0M	—
edgeX ENAUSDC	+0.0100%	4h	0.2113	+0.401%	$244K	$6.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2115	+0.495%	$359K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2116	+0.533%	$20K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2115	+0.490%	$178K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2059	−2.156%	$983	$850K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2111	+0.295%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.581%	$274K	$793K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2110	+0.248%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2114	+0.454%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2111	+0.278%	$74K	$4K	3x	as long as short
dYdX ENA-USD	+0.0154%	1h	0.2113	+0.409%	$140K	$15K	5x	as long as short
Lighter ENA	+0.0184%	1h	0.2115	+0.500%	$5.2M	$13.5M	10x	as long as short
Hyperliquid ENA	+0.0213%	1h	0.2117	+0.595%	$115.4M	$74.8M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0243%	1h	0.2112	+0.346%	$2.6M	$4.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0358%	1h	0.2115	+0.482%	$70K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2115	+0.509%	$5.6M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2113	+0.402%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0632%	1h	0.2120	+0.733%	$866K	$1.7M	50x	as long as short