ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 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 Arcus−0.092%7-day average — · you buy dearer than you sell

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

Long on Arcus 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 0.092% cheaper against Arcus than usual: you would sell low and buy high (−$9 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	Arcus ENA-USD	0.2180	0.0100	pay 0.0013% / 1h	6m 55s	$81K	$280K	10x
Short	gTrade (Gains Network) ENA/USD	0.2178	L +0.0004% / S −0.0004%	get 0.0000% / 1h	6m 55s	$84K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Arcus. 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 ArcusbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.092%Rate

Funding earned: −$20.25
Price spread: −0.092% → 0.000%: −$9.17
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.92
Costs to cover: 0.145%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 41 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 Arcus live order book, 41 min ago	7.12 bp	14.6 bp −$15	26.1 bp −$261	doesn't fit	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
Orderly PERP_ENA_USDC	−0.0139%	4h	0.2180	−0.023%	$45K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2180	0.000%	$70K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2178	−0.092%	$84K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−2.596%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0048%	1h	0.2180	−0.005%	$4K	$277	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2178	−0.092%	$54K	$477K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2179	−0.064%	$578K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2181	+0.040%	$118.2M	$75.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2181	+0.065%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2177	−0.136%	$409K	$532K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2181	+0.065%	$132.1M	$426.8M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2181	+0.050%	$88.2M	$178.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2181	+0.050%	$21.8M	$109.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2175	−0.206%	$21K	$334K	5x	as long as short
Arcus ENA-USDlong	+0.0100%	1h	0.2180	long leg	$81K	$280K	10x
Bulk ENA-USD	+0.0100%	1h	0.2182	+0.069%	$96K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2181	+0.028%	$11.6M	$24.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2180	+0.009%	$48.6M	$42.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2180	+0.023%	$25.4M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2179	−0.037%	$49.5M	$59.2M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2182	+0.069%	—	$31.4M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2175	−0.212%	$3.1M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2178	−0.106%	$254K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2177	−0.156%	$364K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2176	−0.183%	$20K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2180	−0.014%	$193K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2127	−2.445%	$943	$892K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2179	−0.046%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2178	−0.096%	$273K	$806K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2179	−0.046%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2177	−0.122%	$49K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2179	−0.038%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2180	−0.023%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0153%	1h	0.2177	−0.115%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0158%	1h	0.2180	+0.011%	$2.7M	$4.3M	50x	as long as short
dYdX ENA-USD	+0.0206%	1h	0.2178	−0.111%	$144K	$16K	5x	as long as short
Lighter ENA	+0.0232%	1h	0.2181	+0.060%	$5.2M	$13.4M	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0310% / S −0.0753%	1h	0.2178	−0.107%	$60K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2178	−0.096%	$5.6M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2178	−0.085%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0581%	1h	0.2180	0.000%	$395K	$421K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2181	+0.041%	$895K	$1.8M	50x	as long as short