ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0656%/8h= +71.8% APRnext payment +$0.82 per $10,000 · paid last 24h +0.046%

Price spread now: GMX against Arcus−0.005%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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: +$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus ENA-USD	0.2127	0.0100	pay 0.0013% / 1h	32m 28s	$79K	$282K	10x
Short	GMX ENA/USD [ETH-USDC]	0.2127	L +0.0308% / S −0.0756%	get 0.0094% / 1h	32m 28s	$59K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Arcus. 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 ArcusbpFee GMXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $137.69
Price spread: −0.005% → 0.000%: −$0.52
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee GMX: 6 bp × 2 orders: −$12
Net: $120.68
Costs to cover: 0.165%
Break-even: 0.9 days

Slippage unknown: Arcus: live order book, 1 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 Arcus live order book, 1 min ago	4.70 bp	12.2 bp −$12	25.0 bp −$250	doesn't fit	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	−0.0098%	4h	0.2126	−0.033%	$44K	$16K	10x	as long as short
01 Exchange ENAUSD	−0.0096%	1h	0.2126	−0.056%	$4K	$169	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2129	+0.071%	$75K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2129	+0.083%	$82K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.169%	$522	$57K	5.5x	as long as short
Gate ENA_USDT	+0.0074%	4h	0.2126	−0.052%	$13.3M	$27.5M	50x	as long as short
Lighter ENA	+0.0096%	1h	0.2129	+0.099%	$4.9M	$13.0M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2125	−0.094%	$54K	$497K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2127	−0.007%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2127	−0.021%	$563K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ENA	+0.0100%	1h	0.2128	+0.047%	$115.9M	$76.6M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2127	0.000%	$1.4M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2127	+0.016%	$408K	$569K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2126	−0.028%	$129.0M	$430.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2127	−0.019%	$88.4M	$194.1M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2128	+0.047%	$21.0M	$108.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2129	+0.099%	$28K	$318K	5x	as long as short
Arcus ENA-USDlong	+0.0100%	1h	0.2127	long leg	$79K	$282K	10x
Bulk ENA-USD	+0.0100%	1h	0.2140	+0.611%	$93K	$511	10x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2126	−0.028%	$40.4M	$43.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2127	+0.014%	$25.0M	$16.0M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2124	−0.146%	$48.1M	$61.1M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2126	−0.028%	—	$6.5M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2128	+0.042%	$414K	$478K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2131	+0.193%	$3.1M	$9.8M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2130	+0.138%	$253K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2129	+0.093%	$354K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2138	+0.517%	$19K	$645K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2127	+0.005%	$175K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2079	−2.243%	$1K	$927K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2128	+0.047%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2133	+0.291%	$265K	$838K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2129	+0.094%	$1.9M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2125	−0.094%	$1.6M	$4.6M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2141	+0.659%	$75K	$4K	3x	as long as short
dYdX ENA-USD	+0.0118%	1h	0.2128	+0.042%	$141K	$16K	5x	as long as short
Phoenix ENA	+0.0150%	1h	0.2140	+0.630%	$13K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0196%	1h	0.2129	+0.081%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0308% / S −0.0756%	1h	0.2127	−0.005%	$59K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2128	+0.061%	$5.7M	$3.4M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2126	−0.054%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2136	+0.418%	$793K	$2.0M	50x	as long as short