ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0753%/8h= +82.5% APRnext payment +$0.94 per $10,000 · paid last 24h +0.059%

Price spread now: GMX against Deribit−0.105%7-day average — · you buy dearer than you sell

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

Long on Deribit 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—needs both histories

Funding pays, the price is against you. GMX is 0.105% cheaper against Deribit than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ENA_USDC-PERPETUAL	0.2143	0	get 0.0000% / 1h	46m 39s	$67K	$1.1M	50x
Short	GMX ENA/USD [ETH-USDC]	0.2141	L +0.0308% / S −0.0753%	get 0.0094% / 1h	46m 39s	$59K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.105%Rate

Funding earned: $158.18
Price spread: −0.105% → 0.000%: −$10.45
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $128.73
Costs to cover: 0.190%
Break-even: 1.3 days

Slippage unknown: Deribit: live order book, 2 min ago; 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 Deribit live order book, 2 min ago	3.49 bp	10.2 bp −$10	18.0 bp −$180	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0136%	4h	0.2142	−0.061%	$44K	$26K	10x	as long as short
01 Exchange ENAUSD	−0.0008%	1h	0.2144	+0.009%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUALlong	0.0000%	1h	0.2143	long leg	$67K	$1.1M	50x
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2141	−0.129%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.933%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0044%	1h	0.2142	−0.071%	$141K	$16K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2142	−0.051%	$5.1M	$13.3M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2141	−0.112%	$57K	$481K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2143	−0.012%	$567K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2142	−0.065%	$115.5M	$76.5M	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	0.2141	−0.119%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2141	−0.127%	$404K	$540K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2140	−0.159%	$129.2M	$428.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2140	−0.135%	$85.6M	$181.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2141	−0.112%	$21.4M	$109.2M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2140	−0.159%	$20K	$319K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2139	−0.205%	$79K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2148	+0.227%	$94K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2141	−0.117%	$12.3M	$25.9M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2140	−0.145%	$48.3M	$42.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2141	−0.098%	$24.8M	$15.9M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2138	−0.233%	$48.6M	$60.1M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2141	−0.126%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2149	+0.275%	$3.1M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2142	−0.060%	$256K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2148	+0.215%	$355K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2142	−0.065%	$19K	$649K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2142	−0.070%	$188K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2089	−2.524%	$1K	$899K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2143	−0.019%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2147	+0.154%	$269K	$824K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2143	−0.019%	$1.8M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2140	−0.140%	$48K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2140	−0.179%	$1.6M	$4.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2143	−0.035%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0110%	1h	0.2147	+0.173%	$8K	$276K	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0308% / S −0.0753%	1h	0.2141	−0.105%	$59K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2141	−0.121%	$5.7M	$3.2M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2141	−0.119%	$1K	$5K	15x	as long as short
Kraken Futures PF_ENAUSD	+0.0440%	1h	0.2145	+0.062%	$2.6M	$4.3M	50x	as long as short
Coinbase International ENA-PERP-INTX	+0.0616%	1h	0.2152	+0.425%	$878K	$1.8M	50x	as long as short
Backpack ENA_USDC_PERP	+0.0620%	1h	0.2144	+0.023%	$392K	$432K	5x	as long as short