ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0185%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.075%

Price spread now: GMX against Kraken Futures−0.020%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ENAUSD	0.2109	0.0173	pay 0.0022% / 1h	16m 50s	$2.6M	$4.3M	50x
Short	GMX ENA/USD [ETH-USDC]	0.2109	L +0.0306% / S −0.0358%	get 0.0045% / 1h	16m 50s	$70K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $38.75
Price spread: −0.020% → 0.000%: −$1.97
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $14.78
Costs to cover: 0.220%
Break-even: 4.3 days

Slippage unknown: Kraken Futures: 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 Kraken Futures live order book, 2 min ago	9.51 bp	14.6 bp −$15	26.5 bp −$265	94.2 bp −$9,418	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	−0.0120%	4h	0.2109	−0.017%	$44K	$26K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0081%	1h	0.2107	−0.107%	$359K	$401K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2109	−0.017%	$73K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2109	−0.032%	$82K	—	150x	as long as short
01 Exchange ENAUSD	+0.0016%	1h	0.2109	−0.017%	$4K	$277	10x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.675%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2108	−0.055%	$56K	$465K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2109	−0.025%	$47K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2108	−0.034%	$655K	$1.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2108	−0.053%	$1.5M	$3.2M	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	+0.016%	$402K	$513K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2106	−0.136%	$127.6M	$413.4M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2107	−0.112%	$85.2M	$174.4M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2107	−0.117%	$21.0M	$103.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2104	−0.264%	$22K	$327K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2109	−0.008%	$78K	$276K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2100	−0.437%	$92K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2106	−0.136%	$11.2M	$22.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	−0.112%	$45.6M	$41.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2108	−0.074%	$24.9M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2105	−0.212%	$47.8M	$57.5M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2107	−0.122%	—	$31.8M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2105	−0.198%	$3.0M	$10.0M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2103	−0.292%	$242K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2106	−0.165%	$349K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2105	−0.197%	$20K	$652K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2110	+0.021%	$190K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2058	−2.445%	$1K	$854K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2108	−0.055%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2111	+0.096%	$273K	$789K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2108	−0.055%	$1.7M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2105	−0.183%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2109	−0.016%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2103	−0.283%	$8K	$274K	10x	as long as short
Hyperliquid ENA	+0.0146%	1h	0.2108	−0.069%	$114.5M	$74.1M	10x	as long as short
Kraken Futures PF_ENAUSDlong	+0.0173%	1h	0.2109	long leg	$2.6M	$4.3M	50x
Lighter ENA	+0.0200%	1h	0.2110	+0.063%	$5.2M	$13.3M	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0306% / S −0.0358%	1h	0.2109	−0.020%	$70K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2107	−0.084%	$5.5M	$3.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2108	−0.055%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0656%	1h	0.2109	−0.013%	$863K	$1.7M	50x	as long as short
dYdX ENA-USD	+0.1140%	1h	0.2109	+0.004%	$139K	$15K	5x	as long as short