Settings8H · net · $10k
Funding arb · Price arb /

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Injective against gTrade (Gains Network)+1.286%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.286% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$129 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2096L +0.0004% / S −0.0004%pay 0.0000% / 1h35m 54s$81K150x
ShortInjective ENA/USDC PERP0.21230.0033get 0.0004% / 1h35m 54s$522$57K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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

Funding earned
$6.23
Price spread: +1.286% → 0.000%
$128.65
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$124.86
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ENA_USDC−0.0094%4h0.2096−0.025%$44K$17K10xas long as short
01 Exchange ENAUSD0.0000%1h0.2094−0.130%$4K$27710xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2097+0.022%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0004% / S −0.0004%1h0.2096long leg$81K150x
Injective ENA/USDC PERPshort+0.0033%1h0.2123+1.286%$522$57K5.5x
Lighter ENA+0.0096%1h0.2099+0.099%$4.9M$13.8M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2093−0.164%$51K$478K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2093−0.168%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2093−0.171%$557K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2099+0.146%$113.9M$74.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2097+0.030%$1.4M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2095−0.060%$404K$563K10xas long as short
Binance ENAUSDT+0.0100%4h0.2097+0.013%$127.4M$425.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2096−0.035%$89.6M$187.6M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2097+0.008%$21.0M$106.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2096−0.006%$38K$316K5xas long as short
Arcus ENA-USD+0.0100%1h0.2094−0.116%$77K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2096−0.034%$91K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2097+0.013%$12.7M$27.0M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2097+0.022%$39.1M$42.9M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2098+0.065%$24.7M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2094−0.111%$47.6M$59.8M75xas long as short
BingX ENA-USDT+0.0100%4h0.2096−0.011%$31.4Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2098+0.070%$406K$492K5xas long as short
Variational Omni ENA+0.0100%4h0.2095−0.047%$3.0M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2099+0.115%$253K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2100+0.160%$362K$4.8M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2109+0.600%$19K$646K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2095−0.049%$185K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2046−2.406%$1K$905K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2096−0.021%$3K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2100+0.180%$264K$814K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2097+0.027%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2095−0.062%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2098+0.087%$73K$4K3xas long as short
Kraken Futures PF_ENAUSD+0.0150%1h0.2098+0.061%$2.6M$4.4M50xas long as short
Phoenix ENA+0.0190%1h0.2108+0.571%$8K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0306% / S −0.0754%1h0.2096−0.011%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2094−0.111%$5.6M$3.3M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2095−0.062%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0656%1h0.2102+0.270%$869K$1.8M50xas long as short
dYdX ENA-USD+0.0840%1h0.2096−0.006%$138K$16K5xas long as short