Funding you earn now, next payment 07:00 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 Bulk−0.355%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 0.355% cheaper against Bulk than usual: you would sell low and buy high (−$35 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 | Bulk ENA-USD | 0.2148 | 0.0100 | pay 0.0013% / 1h | 46m 53s | $94K | $511 | 10x |
| Short | gTrade (Gains Network) ENA/USD | 0.2141 | L +0.0004% / S −0.0004% | get 0.0000% / 1h | 46m 53s | $82K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.24
- Price spread: −0.355% → 0.000%
- −$35.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$72.74
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bulk: no order-book sample; 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 Bulk no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Bulk and 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 | −0.0136% | 4h | 0.2142 | −0.287% | $44K | $26K | 10x | as long as short |
| 01 Exchange ENAUSD | −0.0008% | 1h | 0.2144 | −0.217% | $4K | $277 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2143 | −0.227% | $67K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USDshort | L +0.0004% / S −0.0004% | 1h | 0.2141 | −0.355% | $82K | — | 150x | |
| dYdX ENA-USD | +0.0008% | 1h | 0.2142 | −0.298% | $141K | $16K | 5x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −1.157% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2141 | −0.338% | $57K | $481K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2143 | −0.238% | $567K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2144 | −0.178% | $115.6M | $76.5M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2142 | −0.274% | $1.4M | $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 | 0.2143 | −0.242% | $405K | $540K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2142 | −0.313% | $129.3M | $428.4M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2140 | −0.366% | $85.6M | $181.4M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2141 | −0.338% | $21.4M | $109.2M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2140 | −0.385% | $20K | $319K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2141 | −0.338% | $79K | $281K | 10x | as long as short |
| Bulk ENA-USDlong | +0.0100% | 1h | 0.2148 | long leg | $94K | $511 | 10x | |
| Gate ENA_USDT | +0.0100% | 4h | 0.2141 | −0.343% | $12.3M | $25.9M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2142 | −0.301% | $48.3M | $42.2M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2142 | −0.287% | $24.8M | $15.9M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2139 | −0.436% | $48.6M | $60.1M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2141 | −0.343% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2149 | +0.048% | $3.1M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2142 | −0.286% | $256K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2148 | −0.012% | $355K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2142 | −0.292% | $19K | $649K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2142 | −0.296% | $188K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2089 | −2.745% | $1K | $899K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2143 | −0.245% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2147 | −0.073% | $269K | $824K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2143 | −0.245% | $1.8M | $8.9M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2142 | −0.312% | $48K | $110 | 10x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2140 | −0.375% | $1.6M | $4.3M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2143 | −0.261% | $75K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0110% | 1h | 0.2147 | −0.054% | $8K | $276K | 10x | as long as short |
| Lighter ENA | +0.0120% | 1h | 0.2145 | −0.143% | $5.1M | $13.3M | 10x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0308% / S −0.0753% | 1h | 0.2141 | −0.331% | $59K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2141 | −0.348% | $5.7M | $3.2M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2141 | −0.345% | $1K | $5K | 15x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0440% | 1h | 0.2145 | −0.165% | $2.6M | $4.3M | 50x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0616% | 1h | 0.2152 | +0.197% | $878K | $1.8M | 50x | as long as short |
| Backpack ENA_USDC_PERP | +0.0620% | 1h | 0.2144 | −0.203% | $392K | $432K | 5x | as long as short |
Bulk ENA-USD
gTrade (Gains Network) ENA/USD
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
Injective ENA/USDC PERP
Popdex ENAUSDT
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Extended ENA-USD
Phoenix ENA
Lighter ENA
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Kraken Futures PF_ENAUSD
Coinbase International ENA-PERP-INTX
Backpack ENA_USDC_PERP