ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0206%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.089%

Price spread now: GMX against Reya+0.034%7-day average — · you sell dearer than you buy

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

Long on Reya 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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.034% dearer against Reya than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ENARUSDPERP	0.2108	0.0412	pay 0.0051% / 1h	38m 52s	$1K	$5K	15x
Short	GMX ENA/USD [ETH-USDC]	0.2108	L +0.0250% / S −0.0206%	get 0.0026% / 1h	38m 52s	$50K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee ReyabpFee GMXbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$43.21
Price spread: +0.034% → 0.000%: $3.44
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$57.77
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Reya and 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
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2109	+0.052%	$106K	—	150x	as long as short
dYdX ENA-USD	+0.0025%	1h	0.2105	−0.144%	$139K	$15K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.744%	$522	$57K	5.5x	as long as short
Deribit ENA_USDC-PERPETUAL	+0.0034%	1h	0.2110	+0.108%	$79K	$1.6M	50x	as long as short
Orderly PERP_ENA_USDC	+0.0037%	4h	0.2108	+0.004%	$44K	$28K	10x	as long as short
01 Exchange ENAUSD	+0.0048%	1h	0.2105	−0.148%	$4K	$302	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2104	−0.177%	$53K	$526K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2107	−0.026%	$674K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2110	+0.094%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2105	−0.106%	$412K	$548K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2107	−0.034%	$130.7M	$446.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2108	−0.001%	$86.2M	$188.2M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2108	−0.006%	$20.9M	$108.5M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2097	−0.509%	$16K	$405K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2105	−0.129%	$114K	$259K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2107	−0.015%	$10.9M	$21.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2107	−0.015%	$45.0M	$44.0M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2111	+0.160%	$24.4M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2107	−0.053%	$48.0M	$61.6M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2107	−0.058%	—	$32.7M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2111	+0.146%	$365K	$385K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2102	−0.251%	$3.8M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2111	+0.179%	$242K	$7.5M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2104	−0.192%	$356K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2111	+0.155%	$32K	$691K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2108	+0.008%	$178K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2059	−2.331%	$1K	$848K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2110	+0.108%	$3K	$10K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2117	+0.421%	$274K	$1.0M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2109	+0.060%	$1.9M	$9.3M	50x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	+0.429%	$93K	$4K	10x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2105	−0.131%	$47K	$110	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2109	+0.041%	$74K	$4K	3x	as long as short
Phoenix ENA	+0.0188%	1h	0.2105	−0.148%	$7K	$351K	10x	as long as short
Lighter ENA	+0.0240%	1h	0.2110	+0.094%	$5.5M	$13.6M	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0250% / S −0.0206%	1h	0.2108	+0.034%	$50K	—	100x
Kraken Futures PF_ENAUSD	+0.0253%	1h	0.2112	+0.200%	$2.7M	$4.9M	50x	as long as short
Extended ENA-USD	+0.0280%	1h	0.2107	−0.023%	$1.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2132	+1.171%	$5.7M	$2.0M	75x	as long as short
Reya ENARUSDPERPlong	+0.0412%	1h	0.2108	long leg	$1K	$5K	15x
Hyperliquid ENA	+0.0454%	1h	0.2111	+0.136%	$113.7M	$72.6M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0648%	1h	0.2111	+0.146%	$827K	$1.7M	50x	as long as short