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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Polymarket Perps+0.028%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 feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.028% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ENA-USD0.21410.0100pay 0.0013% / 1h31m 26s$189K$3.1M10x
ShortgTrade (Gains Network) ENA/USD0.2142L +0.0003% / S −0.0003%get 0.0000% / 1h31m 26s$98K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket Perps. 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
−$20.38
Price spread: +0.028% → 0.000%
$2.76
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$35.62
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago0.94 bp4.9 bp −$56.7 bp −$6714303.4 bp −$1.43Mdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack ENA_USDC_PERP−0.0417%1h0.2140−0.061%$368K$492K5xas long as short
Orderly PERP_ENA_USDC−0.0122%4h0.2141−0.023%$42K$23K10xas long as short
Phemex ENAUSDT−0.0056%4h0.2139−0.107%$1.9M$9.3M50xas long as short
Phoenix ENA0.0000%1h0.2138−0.149%$6K$391K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2139−0.117%$95K$1.9M50xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0003% / S −0.0003%1h0.2142+0.028%$98K150x
Kraken Futures PF_ENAUSD+0.0015%1h0.2139−0.113%$2.7M$6.1M50xas long as short
01 Exchange ENAUSD+0.0024%1h0.2142+0.042%$4K$43210xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−0.836%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2140−0.061%$58K$551K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ENA-USD-PERP+0.0100%8h0.2141−0.027%$48K$22110xas long as short
Nado ENA-PERP+0.0100%1h0.2140−0.049%$662K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2142+0.015%$1.6M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2141−0.019%$411K$611K10xas long as short
Binance ENAUSDT+0.0100%4h0.2141−0.005%$132.9M$473.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2140−0.047%$90.9M$196.5M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2141−0.014%$20.5M$119.1M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2138−0.149%$20K$452K5xas long as short
Arcus ENA-USD+0.0100%1h0.2141−0.014%$85K$222K10xas long as short
Bulk ENA-USD+0.0100%1h0.2137−0.210%$90K$2K10xas long as short
Gate ENA_USDT+0.0100%4h0.2140−0.037%$10.6M$22.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2140−0.042%$46.9M$50.5M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2141+0.005%$24.0M$16.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2140−0.075%$48.7M$67.1M75xas long as short
BingX ENA-USDC+0.0100%4h0.2140−0.042%$6.5Mas long as short
Variational Omni ENA+0.0100%4h0.2127−0.669%$3.7M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2129−0.562%$254K$8.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2130−0.516%$362K$4.5M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2131−0.481%$31K$714K50xas long as short
Polymarket Perps ENA-USDlong+0.0100%1h0.2141long leg$189K$3.1M10x
SunX ENA-USDT+0.0100%4h0.2087−2.541%$1K$794K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2141−0.014%$4K$14K10xas long as short
HTX ENA-USDT+0.0100%4h0.2140−0.070%$276K$1.7M50xas long as short
Extended ENA-USD+0.0104%1h0.2140−0.048%$1.7M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2143+0.099%$79K$11K3xas long as short
GMX ENA/USD [ETH-USDC]L +0.0195% / S −0.0299%1h0.21410.000%$39K100xas long as short
Lighter ENA+0.0320%1h0.2143+0.065%$5.8M$13.5M10xas long as short
BloFin ENA-USDT+0.0340%4h0.2127−0.672%$5.6M$8.4M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2140−0.067%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0456%1h0.2132−0.411%$815K$2.4M50xas long as short
Hyperliquid ENA+0.0597%1h0.2144+0.135%$114.3M$80.4M10xas long as short
dYdX ENA-USD+0.6044%1h0.2140−0.066%$141K$12K5xas long as short