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

ENA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0408%/8h= −44.7% APRnext payment $0.51 per $10,000 · paid last 24h −0.123%
Price spread now: gTrade (Gains Network) against Reya+0.030%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 airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.030% dearer against Reya than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ENARUSDPERP0.21160.0412pay 0.0051% / 1h9m 56s$1K15x
ShortgTrade (Gains Network) ENA/USD0.2117L +0.0004% / S −0.0004%get 0.0000% / 1h9m 56s$81K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Reya. 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
−$85.66
Price spread: +0.030% → 0.000%
$2.97
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$98.69
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell gTrade (Gains Network) no order-book sample
Reya and 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
Orderly PERP_ENA_USDC−0.0084%4h0.2118+0.098%$44K$17K10xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0004% / S −0.0004%1h0.2117+0.030%$81K150x
01 Exchange ENAUSD+0.0032%1h0.2116−0.010%$4K$27710xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.353%$522$57K5.5xas long as short
Deribit ENA_USDC-PERPETUAL+0.0033%1h0.2118+0.103%$54K$1.1M50xas long as short
Popdex ENAUSDT+0.0096%1h0.2115−0.044%$53K$484K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2111−0.215%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2114−0.070%$565K$1.8M10xas long as short
Hyperliquid ENA+0.0100%1h0.2119+0.131%$114.9M$74.7M10xas long as short
Aster ENAUSDT+0.0100%4h0.2117+0.048%$1.4M$3.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ENA+0.0100%1h0.2114−0.108%$408K$563K10xas long as short
Binance ENAUSDT+0.0100%4h0.2118+0.096%$128.9M$424.9M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2116+0.013%$90.8M$187.4M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2118+0.079%$21.1M$107.3M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2109−0.332%$33K$310K5xas long as short
Arcus ENA-USD+0.0100%1h0.2116+0.004%$78K$281K10xas long as short
Bulk ENA-USD+0.0100%1h0.2105−0.516%$92K$51110xas long as short
Gate ENA_USDT+0.0100%4h0.2117+0.070%$13.0M$27.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2118+0.089%$39.6M$43.2M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2118+0.084%$24.9M$15.8M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2115−0.025%$48.0M$59.7M75xas long as short
BingX ENA-USDT+0.0100%4h0.2117+0.046%$31.4Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2118+0.112%$410K$483K5xas long as short
Variational Omni ENA+0.0100%4h0.2108−0.389%$3.0M$9.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2108−0.395%$254K$7.1M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2111−0.233%$357K$4.7M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2112−0.185%$19K$646K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2117+0.051%$182K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2066−2.369%$1K$909K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2117+0.051%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2122+0.311%$267K$808K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2116+0.004%$1.9M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2116−0.018%$1.6M$4.4M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2117+0.056%$74K$4K3xas long as short
Lighter ENA+0.0136%1h0.2119+0.169%$5.0M$13.9M10xas long as short
Kraken Futures PF_ENAUSD+0.0148%1h0.2118+0.116%$2.6M$4.3M50xas long as short
Phoenix ENA+0.0190%1h0.2111−0.223%$13K$273K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0754%1h0.2117+0.039%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2110−0.285%$5.5M$3.4M75xas long as short
Reya ENARUSDPERPlong+0.0412%1h0.2116long leg$1K15x
Coinbase International ENA-PERP-INTX+0.0656%1h0.2098−0.852%$867K$1.8M50xas long as short
dYdX ENA-USD+0.0869%1h0.2113−0.159%$140K$16K5xas long as short