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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0206%/8h= −22.5% APRnext payment $0.26 per $10,000 · paid last 24h −0.021%
Price spread now: Pacifica against GMX+0.093%7-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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.093% dearer against GMX than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ENA/USD [ETH-USDC]0.2103L +0.0306% / S −0.0753%pay 0.0038% / 1h2m 46s$58K100x
ShortPacifica ENA0.21050.0100get 0.0013% / 1h2m 46s$399K$542K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against GMX. 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
−$43.2
Price spread: +0.093% → 0.000%
$9.27
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$53.93
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 41 min ago. 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 GMX no order-book sample
Sell Pacifica live order book, 41 min ago2.33 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ENA_USDC−0.0100%4h0.2103−0.002%$44K$26K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2104+0.045%$54K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2100−0.107%$81K150xas long as short
01 Exchange ENAUSD+0.0008%1h0.2105+0.107%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.987%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2104+0.064%$54K$484K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2104+0.056%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2104+0.043%$557K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2104+0.064%$113.7M$75.5M10xas long as short
Aster ENAUSDT+0.0100%4h0.2104+0.054%$1.4M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENAshort+0.0100%1h0.2105+0.093%$399K$542K10x
Binance ENAUSDT+0.0100%4h0.2103+0.011%$127.4M$426.7M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2102−0.050%$90.3M$187.1M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2103+0.036%$21.1M$107.0M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2097−0.269%$33K$316K5xas long as short
Arcus ENA-USD+0.0100%1h0.2104+0.064%$78K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2122+0.917%$93K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2103+0.007%$12.5M$26.8M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2104+0.040%$38.0M$43.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2104+0.055%$24.6M$15.7M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2101−0.059%$47.6M$59.7M75xas long as short
BingX ENA-USDC+0.0100%4h0.2102−0.017%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2113+0.487%$3.1M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2109+0.296%$256K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2108+0.254%$361K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2108+0.254%$19K$647K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2104+0.083%$182K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2053−2.366%$931$902K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2103+0.017%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2108+0.264%$265K$825K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2104+0.064%$1.8M$8.8M50xas long as short
Extended ENA-USD+0.0104%1h0.2101−0.057%$1.6M$4.3M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2104+0.040%$74K$4K3xas long as short
Phoenix ENA+0.0110%1h0.2112+0.449%$8K$276K10xas long as short
Lighter ENA+0.0136%1h0.2105+0.131%$5.0M$13.8M10xas long as short
Backpack ENA_USDC_PERP+0.0186%1h0.2104+0.083%$390K$437K5xas long as short
dYdX ENA-USD+0.0268%1h0.2105+0.113%$139K$16K5xas long as short
GMX ENA/USD [ETH-USDC]longL +0.0306% / S −0.0753%1h0.2103long leg$58K100x
BloFin ENA-USDT+0.0340%4h0.2102−0.040%$5.6M$3.3M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2102−0.035%$1K15xas long as short
Kraken Futures PF_ENAUSD+0.0448%1h0.2105+0.092%$2.6M$4.4M50xas long as short
Coinbase International ENA-PERP-INTX+0.0616%1h0.2105+0.121%$868K$1.8M50xas long as short