Funding you earn now, next payment 06:00 UTC+0.0254%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h +0.007%
Price spread now: GMX against Extended+0.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.066% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ENA-USD | 0.2116 | 0.0104 | pay 0.0013% / 1h | 29m 11s | $1.6M | $4.2M | 50x |
| Short | GMX ENA/USD [ETH-USDC] | 0.2117 | L +0.0307% / S −0.0358% | get 0.0045% / 1h | 29m 11s | $70K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.26
- Price spread: +0.066% → 0.000%
- $6.62
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $42.89
- Costs to cover
- 0.170%
- Break-even
- 1.4 days
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.24 bp | 5.7 bp −$6 | 14.1 bp −$141 | 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 | −0.0145% | 4h | 0.2116 | +0.010% | $44K | $25K | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2117 | +0.034% | $73K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2117 | +0.076% | $82K | — | 150x | as long as short |
| Gate ENA_USDT | +0.0006% | 4h | 0.2117 | +0.058% | $11.1M | $23.7M | 50x | as long as short |
| 01 Exchange ENAUSD | +0.0024% | 1h | 0.2120 | +0.204% | $4K | $277 | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | +0.355% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2118 | +0.100% | $58K | $467K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2115 | −0.058% | $47K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2118 | +0.122% | $656K | $1.7M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2120 | +0.181% | $115.1M | $74.3M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ENAUSDT | +0.0100% | 4h | 0.2115 | −0.025% | $1.4M | $3.2M | 50x | as long as short |
| Pacifica ENA | +0.0100% | 1h | 0.2115 | −0.037% | $397K | $525K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2115 | −0.042% | $128.2M | $417.7M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2113 | −0.122% | $85.4M | $175.2M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2114 | −0.079% | $21.2M | $104.2M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2117 | +0.044% | $20K | $323K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2119 | +0.148% | $79K | $276K | 10x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2114 | −0.079% | $46.8M | $41.1M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2118 | +0.096% | $24.7M | $15.6M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2114 | −0.075% | $48.0M | $57.9M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2114 | −0.108% | — | $31.3M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2111 | −0.229% | $3.0M | $10.0M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2113 | −0.129% | $242K | $6.9M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2112 | −0.186% | $350K | $5.0M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2114 | −0.089% | $20K | $650K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2119 | +0.133% | $189K | $2.4M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2067 | −2.320% | $1K | $871K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2115 | −0.042% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2117 | +0.053% | $267K | $795K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2114 | −0.089% | $1.8M | $8.9M | 50x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2118 | +0.100% | $93K | −$0 | 10x | as long as short |
| Extended ENA-USDlong | +0.0104% | 1h | 0.2116 | long leg | $1.6M | $4.2M | 50x | |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2117 | +0.038% | $74K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0153% | 1h | 0.2115 | −0.032% | $8K | $278K | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0162% | 1h | 0.2116 | +0.016% | $2.6M | $4.3M | 50x | as long as short |
| Lighter ENA | +0.0200% | 1h | 0.2116 | +0.020% | $5.2M | $13.0M | 10x | as long as short |
| dYdX ENA-USD | +0.0291% | 1h | 0.2118 | +0.095% | $140K | $16K | 5x | as long as short |
| GMX ENA/USD [ETH-USDC]short | L +0.0307% / S −0.0358% | 1h | 0.2117 | +0.066% | $70K | — | 100x | |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2115 | −0.060% | $5.5M | $3.0M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2118 | +0.085% | $1K | $5K | 15x | as long as short |
| Backpack ENA_USDC_PERP | +0.0597% | 1h | 0.2114 | −0.065% | $358K | $400K | 5x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0704% | 1h | 0.2123 | +0.341% | $869K | $1.7M | 50x | as long as short |
Extended ENA-USD
GMX ENA/USD [ETH-USDC]
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
Gate ENA_USDT
01 Exchange ENAUSD
Injective ENA/USDC PERP
Popdex ENAUSDT
Paradex ENA-USD-PERP
Hyperliquid ENA
Aster ENAUSDT
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Bulk ENA-USD
Phoenix ENA
Kraken Futures PF_ENAUSD
Lighter ENA
BloFin ENA-USDT
Backpack ENA_USDC_PERP
Coinbase International ENA-PERP-INTX