ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0573%/8h= −62.7% APRnext payment −$0.72 per $10,000 · paid last 24h −0.162%

Price spread now: gTrade (Gains Network) against Coinbase International−0.009%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$360as in the Price arb table

costs, in and out, $10k−$3593.591% of the position

Long on Coinbase International Short on gTrade (Gains Network)

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ENA-PERP-INTX	0.2113	0.0576	pay 0.0072% / 1h	3m 44s	$835K	$2.1M	50x
Short	gTrade (Gains Network) ENA/USD	0.2113	L +0.0003% / S −0.0003%	get 0.0000% / 1h	3m 44s	$101K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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 Coinbase InternationalbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.009%Rate

Funding earned: −$120.28
Price spread: −0.009% → 0.000%: −$0.85
Slippage, 4 orders: −$339.11
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$480.24
Costs to cover: 3.591%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 20 min ago.

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 Coinbase International live order book, 5 min ago	9.96 bp	20.0 bp −$20	31.4 bp −$314	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 20 min ago	130.03 bp	135.0 bp −$135	748.2 bp −$7,482	doesn't fit	doesn't fit

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	−0.0038%	4h	0.2112	−0.052%	$41K	$24K	10x	as long as short
Backpack ENA_USDC_PERP	−0.0004%	1h	0.2115	+0.104%	$373K	$447K	5x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2113	−0.005%	$92K	$1.8M	50x	as long as short
gTrade (Gains Network) ENA/USDshort	L +0.0003% / S −0.0003%	1h	0.2113	−0.009%	$101K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.506%	$522	$57K	5.5x	as long as short
Kraken Futures PF_ENAUSD	+0.0066%	1h	0.2113	+0.032%	$2.7M	$5.5M	50x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2111	−0.080%	$62K	$530K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2112	−0.022%	$47K	$221	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2110	−0.137%	$664K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2114	+0.044%	$1.5M	$3.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ENA	+0.0100%	1h	0.2114	+0.051%	$409K	$575K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2113	+0.015%	$130.7M	$455.1M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2113	0.000%	$88.3M	$190.7M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2113	+0.024%	$20.5M	$111.8M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2105	−0.346%	$15K	$398K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2114	+0.062%	$83K	$220K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2099	−0.636%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2113	+0.005%	$10.7M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2113	+0.019%	$46.5M	$47.2M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2114	+0.085%	$24.1M	$16.3M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2112	−0.033%	$47.8M	$64.7M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2113	+0.014%	—	$32.7M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2109	−0.158%	$3.8M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2108	−0.235%	$250K	$7.7M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2105	−0.346%	$358K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2109	−0.175%	$32K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2111	−0.062%	$177K	$2.6M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2060	−2.513%	$1K	$819K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2113	+0.014%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2112	−0.033%	$274K	$1.5M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2112	−0.033%	$2.0M	$9.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2112	−0.035%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0115%	1h	0.2109	−0.151%	$5K	$356K	10x	as long as short
01 Exchange ENAUSD	+0.0144%	1h	0.2112	−0.043%	$4K	$312	10x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0249% / S −0.0432%	1h	0.2112	−0.020%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2107	−0.260%	$5.5M	$8.1M	75x	as long as short
Extended ENA-USD	+0.0344%	1h	0.2112	−0.022%	$1.6M	$4.2M	50x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2111	−0.104%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0568%	1h	0.2116	+0.151%	$5.7M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTXlong	+0.0576%	1h	0.2113	long leg	$835K	$2.1M	50x
Hyperliquid ENA	+0.0585%	1h	0.2116	+0.167%	$111.8M	$78.5M	10x	as long as short
dYdX ENA-USD	+0.1976%	1h	0.2113	−0.009%	$140K	$15K	5x	as long as short