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 06:00 UTC−0.0096%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Bulk+0.022%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 0.022% dearer against Bulk than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ENA-USD0.21180.0100pay 0.0013% / 1h29m 41s$93K−$010x
ShortgTrade (Gains Network) ENA/USD0.2118L +0.0004% / S −0.0004%get 0.0000% / 1h29m 41s$82K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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: +0.022% → 0.000%
$2.22
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$35.03
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bulk: 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 Bulk no order-book sample
Sell gTrade (Gains Network) no order-book sample
Bulk 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−0.0144%4h0.2118+0.009%$44K$25K10xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2119+0.028%$73K$1.1M50xas long as short
gTrade (Gains Network) ENA/USDshortL +0.0004% / S −0.0004%1h0.2118+0.022%$82K150x
01 Exchange ENAUSD+0.0016%1h0.2117−0.024%$4K$27710xas long as short
Gate ENA_USDT+0.0022%4h0.2118−0.019%$11.1M$23.7M50xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123+0.255%$522$57K5.5xas long as short
Popdex ENAUSDT+0.0096%1h0.2116−0.094%$58K$467K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2115−0.158%$47K$11010xas long as short
Nado ENA-PERP+0.0100%1h0.2118+0.017%$656K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2119+0.043%$115.1M$74.3M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENAUSDT+0.0100%4h0.2115−0.119%$1.4M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2115−0.137%$397K$525K10xas long as short
Binance ENAUSDT+0.0100%4h0.2115−0.152%$128.2M$417.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2115−0.161%$85.5M$175.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2115−0.142%$21.2M$104.2M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2118−0.014%$20K$323K5xas long as short
Arcus ENA-USD+0.0100%1h0.2116−0.094%$79K$276K10xas long as short
MEXC ENA_USDT+0.0100%4h0.2114−0.170%$46.8M$41.1M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2117−0.066%$24.7M$15.6M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2116−0.099%$48.1M$57.9M75xas long as short
BingX ENA-USDT+0.0100%4h0.2118−0.005%$31.2Mas long as short
Variational Omni ENA+0.0100%4h0.2111−0.329%$3.0M$10.0Mas long as short
edgeX ENAUSDC+0.0100%4h0.2113−0.229%$242K$6.9M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2114−0.210%$351K$5.0M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2114−0.189%$20K$650K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2119+0.057%$189K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2067−2.413%$1K$871K20xas long as short
SoDEX ENA-USD+0.0100%1h0.21180.000%$4K$7K10xas long as short
HTX ENA-USDT+0.0100%4h0.2118+0.009%$267K$795K50xas long as short
Phemex ENAUSDT+0.0100%4h0.21180.000%$1.8M$8.9M50xas long as short
Bulk ENA-USDlong+0.0100%1h0.2118long leg$93K−$010x
Extended ENA-USD+0.0104%1h0.2118+0.013%$1.6M$4.2M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2119+0.025%$74K$4K3xas long as short
Phoenix ENA+0.0153%1h0.2115−0.132%$8K$278K10xas long as short
Kraken Futures PF_ENAUSD+0.0162%1h0.2119+0.070%$2.6M$4.3M50xas long as short
Lighter ENA+0.0200%1h0.2117−0.066%$5.2M$13.0M10xas long as short
dYdX ENA-USD+0.0291%1h0.2118−0.005%$140K$16K5xas long as short
GMX ENA/USD [ETH-USDC]L +0.0307% / S −0.0358%1h0.2118+0.006%$70K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2110−0.354%$5.5M$3.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2119+0.037%$1K$5K15xas long as short
Backpack ENA_USDC_PERP+0.0596%1h0.2120+0.085%$359K$400K5xas long as short
Coinbase International ENA-PERP-INTX+0.0704%1h0.2123+0.241%$869K$1.7M50xas long as short