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

ENA

all ENA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.6% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Variational Omni+0.436%51s7-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 airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.436% dearer against Variational Omni than usual: you sell high and buy low (spread +0.436% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ENA0.20970.0100pay 0.0050% / 4h1h 03m$3.3M$9.9M
ShortgTrade (Gains Network) ENA/USD0.2106L +0.0004% / S −0.0004%get 0.0000% / 1h3m 32s$82K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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
−$20.25
Price spread: +0.436% → 0.000%
$43.63
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$13.38
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago4.75 bpdoesn't fit19.0 bp −$190doesn't fitdoesn'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
Orderly PERP_ENA_USDC−0.0041%4h0.2106+0.403%$44K$25K10xas long as short
01 Exchange ENAUSD−0.0008%1h0.2104+0.318%$4K$30210xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2107+0.451%$78K$1.3M50xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0004% / S −0.0004%1h0.2106+0.436%$82K150x
Injective ENA/USDC PERP+0.0033%1h0.2123+1.252%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2103+0.279%$55K$498K50xas long as short
Nado ENA-PERP+0.0100%1h0.2106+0.434%$661K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2105+0.389%$113.6M$71.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2105+0.398%$1.5M$2.9M50xas long as short
Pacifica ENA+0.0100%1h0.2103+0.289%$411K$501K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENAUSDT+0.0100%4h0.2104+0.313%$128.7M$415.4M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2105+0.360%$85.6M$175.3M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2102+0.251%$20.7M$101.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2095−0.112%$19K$321K5xas long as short
Arcus ENA-USD+0.0100%1h0.2104+0.327%$78K$275K10xas long as short
Bulk ENA-USD+0.0100%1h0.2102+0.232%$92K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2102+0.251%$11.0M$21.7M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2102+0.236%$45.5M$42.3M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2103+0.260%$24.5M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2101+0.165%$47.8M$57.3M75xas long as short
BingX ENA-USDT+0.0100%4h0.2101+0.203%$32.3Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2109+0.570%$373K$362K5xas long as short
Variational Omni ENAlong+0.0100%4h0.2097long leg$3.3M$9.9M
edgeX ENAUSDC+0.0100%4h0.2098+0.023%$243K$7.0M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2099+0.089%$350K$4.9M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2099+0.089%$22K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2106+0.437%$180K$2.3M10xas long as short
SunX ENA-USDT+0.0100%4h0.2054−2.062%$995$839K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2106+0.422%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2107+0.484%$272K$785K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2109+0.565%$1.8M$8.8M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2104+0.322%$47K$11010xas long as short
Extended ENA-USD+0.0104%1h0.2101+0.204%$1.6M$4.1M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2107+0.446%$74K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2100+0.136%$8K$298K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0253% / S −0.0213%1h0.2107+0.462%$51K100xas long as short
Lighter ENA+0.0264%1h0.2104+0.341%$5.3M$14.0M10xas long as short
Kraken Futures PF_ENAUSD+0.0286%1h0.2108+0.525%$2.6M$4.2M50xas long as short
BloFin ENA-USDT+0.0340%4h0.2097−0.016%$5.6M$3.0M75xas long as short
dYdX ENA-USD+0.0366%1h0.2105+0.374%$139K$15K5xas long as short
Reya ENARUSDPERP+0.0412%1h0.2106+0.410%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0664%1h0.2107+0.461%$858K$1.5M50xas long as short