ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.012%

Price spread now: GMX against Bulk−0.308%7-day average — · you buy dearer than you sell

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

Long on Bulk 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—needs both histories

Funding pays, the price is against you. GMX is 0.308% cheaper against Bulk than usual: you would sell low and buy high (spread −0.308% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 16 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ENA-USD	0.2087	0.0100	pay 0.0013% / 1h	6m 03s	$88K	$2K	10x
Short	GMX ENA/USD [ETH-USDC]	0.2080	L +0.0215% / S −0.0164%	get 0.0021% / 1h	6m 03s	$50K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee BulkbpFee GMXbpOrdersPrice spread, now −0.308%Rate

Funding earned: $13.45
Price spread: −0.308% → 0.000%: −$30.85
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$36.4
Costs to cover: 0.190%
Break-even: 25.9 days

Slippage unknown: Bulk: 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 Bulk no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Bulk 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
Backpack ENA_USDC_PERP	−0.0292%	1h	0.2083	−0.166%	$359K	$484K	5x	as long as short
Orderly PERP_ENA_USDC	−0.0079%	4h	0.2081	−0.262%	$41K	$23K	10x	as long as short
01 Exchange ENAUSD	0.0000%	1h	0.2081	−0.300%	$4K	$432	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2082	−0.218%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2081	−0.292%	$96K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.751%	$522	$57K	5.5x	as long as short
Phoenix ENA	+0.0076%	1h	0.2090	+0.151%	$5K	$394K	10x	as long as short
Gate ENA_USDT	+0.0090%	4h	0.2082	−0.214%	$10.4M	$21.8M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2080	−0.329%	$59K	$538K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2080	−0.333%	$47K	$221	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2080	−0.317%	$652K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2083	−0.190%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2081	−0.278%	$403K	$592K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2082	−0.229%	$128.1M	$465.0M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2080	−0.319%	$86.4M	$193.7M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2081	−0.290%	$20.1M	$112.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2088	+0.050%	$20K	$412K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2081	−0.281%	$81K	$223K	10x	as long as short
Bulk ENA-USDlong	+0.0100%	1h	0.2087	long leg	$88K	$2K	10x
MEXC ENA_USDT	+0.0100%	4h	0.2083	−0.190%	$45.1M	$49.5M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2084	−0.142%	$23.8M	$16.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2081	−0.266%	$47.0M	$65.8M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2082	−0.228%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2085	−0.065%	$3.8M	$10.4M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2091	+0.179%	$248K	$7.9M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2091	+0.202%	$349K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2090	+0.151%	$32K	$712K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2081	−0.285%	$191K	$2.8M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2030	−2.705%	$947	$811K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2082	−0.233%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2087	−0.003%	$271K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2082	−0.233%	$1.9M	$9.3M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2082	−0.229%	$76K	$11K	3x	as long as short
Kraken Futures PF_ENAUSD	+0.0105%	1h	0.2083	−0.182%	$2.6M	$5.8M	50x	as long as short
Extended ENA-USD	+0.0176%	1h	0.2081	−0.267%	$1.6M	$4.2M	50x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0215% / S −0.0164%	1h	0.2080	−0.308%	$50K	—	100x
Lighter ENA	+0.0304%	1h	0.2086	−0.060%	$5.6M	$13.2M	10x	as long as short
Hyperliquid ENA	+0.0339%	1h	0.2085	−0.084%	$109.9M	$80.2M	10x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2089	+0.083%	$5.5M	$8.1M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2080	−0.312%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0536%	1h	0.2082	−0.228%	$796K	$2.1M	50x	as long as short
dYdX ENA-USD	+0.5075%	1h	0.2081	−0.293%	$137K	$15K	5x	as long as short