ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.116%

Price spread now: gTrade (Gains Network) against Hyperliquid+0.072%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid Short on gTrade (Gains Network)

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.072% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ENA	0.2106	0.0100	pay 0.0013% / 1h	5m 03s	$114.0M	$75.3M	10x
Short	gTrade (Gains Network) ENA/USD	0.2107	L +0.0004% / S −0.0004%	get 0.0000% / 1h	5m 03s	$81K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Hyperliquid. 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 HyperliquidbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.072%Rate

Funding earned: −$20.24
Price spread: +0.072% → 0.000%: $7.17
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.07
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 min ago; 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 Hyperliquid live order book, 9 min ago	0.23 bp	10.3 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.0099%	4h	0.2107	+0.028%	$44K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2107	+0.052%	$54K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0004% / S −0.0004%	1h	0.2107	+0.072%	$81K	—	150x
01 Exchange ENAUSD	+0.0008%	1h	0.2109	+0.152%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.831%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2108	+0.100%	$55K	$481K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2108	+0.123%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2108	+0.081%	$558K	$1.8M	10x	as long as short
Hyperliquid ENAlong	+0.0100%	1h	0.2106	long leg	$114.0M	$75.3M	10x
Aster ENAUSDT	+0.0100%	4h	0.2105	−0.039%	$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	0.2109	+0.159%	$399K	$542K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2104	−0.104%	$127.5M	$426.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2102	−0.166%	$90.2M	$187.0M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2104	−0.066%	$21.0M	$106.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2111	+0.228%	$33K	$318K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2108	+0.100%	$78K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2122	+0.761%	$93K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2104	−0.085%	$12.5M	$26.7M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2103	−0.133%	$38.1M	$43.4M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2106	+0.005%	$24.6M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2100	−0.271%	$47.6M	$59.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2104	−0.104%	—	$31.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2113	+0.331%	$3.1M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2113	+0.326%	$257K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2111	+0.242%	$351K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2113	+0.337%	$19K	$647K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2108	+0.090%	$182K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2057	−2.313%	$1K	$902K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2105	−0.043%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2113	+0.337%	$265K	$818K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2106	+0.005%	$1.8M	$8.8M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2100	−0.275%	$1.6M	$4.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2107	+0.052%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0110%	1h	0.2112	+0.294%	$8K	$276K	10x	as long as short
Lighter ENA	+0.0144%	1h	0.2107	+0.047%	$5.0M	$13.7M	10x	as long as short
Backpack ENA_USDC_PERP	+0.0222%	1h	0.2104	−0.066%	$390K	$437K	5x	as long as short
dYdX ENA-USD	+0.0245%	1h	0.2112	+0.273%	$139K	$16K	5x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0306% / S −0.0753%	1h	0.2108	+0.081%	$58K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2106	−0.009%	$5.6M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2106	+0.024%	$1K	—	15x	as long as short
Kraken Futures PF_ENAUSD	+0.0448%	1h	0.2107	+0.048%	$2.6M	$4.4M	50x	as long as short
Coinbase International ENA-PERP-INTX	+0.0616%	1h	0.2135	+1.406%	$881K	$1.8M	50x	as long as short