Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.013%
Price spread now: GMX against Extended+0.022%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.022% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ENA-USD | 0.2107 | 0.0344 | pay 0.0043% / 1h | 4m 49s | $1.6M | $4.1M | 50x |
| Short | GMX ENA/USD [ETH-USDC] | 0.2107 | L +0.0248% / S −0.0430% | get 0.0054% / 1h | 4m 49s | $38K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $18.11
- Price spread: +0.022% → 0.000%
- $2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $3.28
- Costs to cover
- 0.170%
- Break-even
- 5.7 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago | 0.24 bp | 6.0 bp −$6 | 12.3 bp −$123 | 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 | −0.0038% | 4h | 0.2106 | −0.016% | $41K | $24K | 10x | as long as short |
| Backpack ENA_USDC_PERP | −0.0006% | 1h | 0.2108 | +0.060% | $372K | $447K | 5x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2107 | +0.031% | $92K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0003% / S −0.0003% | 1h | 0.2108 | +0.051% | $101K | — | 150x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.791% | $522 | $57K | 5.5x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0066% | 1h | 0.2109 | +0.097% | $2.7M | $5.5M | 50x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2107 | +0.012% | $62K | $530K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2109 | +0.112% | $47K | $221 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2107 | −0.002% | $663K | $1.8M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2110 | +0.165% | $1.5M | $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 | 0.2110 | +0.150% | $408K | $575K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2110 | +0.146% | $130.5M | $455.0M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2109 | +0.126% | $88.1M | $190.6M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2110 | +0.159% | $20.4M | $111.6M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2105 | −0.064% | $15K | $398K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2108 | +0.060% | $82K | $220K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2099 | −0.355% | $89K | $500 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2108 | +0.064% | $10.7M | $21.6M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2110 | +0.155% | $46.4M | $47.2M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2109 | +0.083% | $24.0M | $16.4M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2107 | +0.026% | $47.7M | $64.7M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2108 | +0.069% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2109 | +0.124% | $3.8M | $10.3M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2108 | +0.047% | $250K | $7.7M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2105 | −0.064% | $358K | $4.6M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2109 | +0.107% | $32K | $711K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2108 | +0.041% | $177K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2056 | −2.404% | $1K | $818K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2107 | +0.012% | $4K | $14K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2117 | +0.463% | $274K | $1.5M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2107 | +0.012% | $2.0M | $9.1M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2107 | +0.012% | $77K | $11K | 3x | as long as short |
| Phoenix ENA | +0.0115% | 1h | 0.2109 | +0.131% | $5K | $356K | 10x | as long as short |
| 01 Exchange ENAUSD | +0.0144% | 1h | 0.2108 | +0.045% | $4K | $312 | 10x | as long as short |
| GMX ENA/USD [ETH-USDC]short | L +0.0248% / S −0.0430% | 1h | 0.2107 | +0.022% | $38K | — | 100x | |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2107 | +0.022% | $5.5M | $8.1M | 75x | as long as short |
| Extended ENA-USDlong | +0.0344% | 1h | 0.2107 | long leg | $1.6M | $4.1M | 50x | |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2106 | −0.023% | $1K | $5K | 15x | as long as short |
| Lighter ENA | +0.0552% | 1h | 0.2112 | +0.230% | $5.6M | $12.9M | 10x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0576% | 1h | 0.2113 | +0.283% | $835K | $2.1M | 50x | as long as short |
| Hyperliquid ENA | +0.0583% | 1h | 0.2112 | +0.240% | $111.5M | $78.5M | 10x | as long as short |
| dYdX ENA-USD | +0.1982% | 1h | 0.2109 | +0.084% | $139K | $15K | 5x | as long as short |
Extended ENA-USD
GMX ENA/USD [ETH-USDC]
Backpack ENA_USDC_PERP
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Injective ENA/USDC PERP
Kraken Futures PF_ENAUSD
Popdex ENAUSDT
Paradex ENA-USD-PERP
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Bulk ENA-USD
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
Phoenix ENA
01 Exchange ENAUSD
BloFin ENA-USDT
Lighter ENA
Coinbase International ENA-PERP-INTX
Hyperliquid ENA