ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%

Price spread now: Deribit against gTrade (Gains Network)+0.062%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Deribit

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 pays, funding is against you. Deribit is 0.062% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ENA/USD	0.2138	L +0.0004% / S −0.0004%	pay 0.0000% / 1h	41m 02s	$83K	—	150x
Short	Deribit ENA_USDC-PERPETUAL	0.2140	−0.0030	pay 0.0004% / 1h	41m 02s	$76K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee DeribitbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$7.14
Price spread: +0.062% → 0.000%: $6.17
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$17.96
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Deribit live order book, 3 min ago	4.41 bp	7.9 bp −$8	15.8 bp −$158	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ENA_USDC	−0.0091%	4h	0.2139	+0.029%	$44K	$17K	10x	as long as short
01 Exchange ENAUSD	−0.0080%	1h	0.2140	+0.085%	$4K	$277	10x	as long as short
Deribit ENA_USDC-PERPETUALshort	−0.0030%	1h	0.2140	+0.062%	$76K	$1.1M	50x
gTrade (Gains Network) ENA/USDlong	L +0.0004% / S −0.0004%	1h	0.2138	long leg	$83K	—	150x
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.701%	$522	$57K	5.5x	as long as short
dYdX ENA-USD	+0.0088%	1h	0.2142	+0.176%	$142K	$16K	5x	as long as short
Lighter ENA	+0.0096%	1h	0.2140	+0.066%	$4.9M	$12.9M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2140	+0.076%	$52K	$491K	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2139	+0.041%	$48K	$110	10x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2139	+0.041%	$568K	$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	0.2140	+0.061%	$116.5M	$76.5M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2139	+0.045%	$1.4M	$3.4M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2141	+0.108%	$413K	$563K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2139	+0.048%	$130.8M	$432.2M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2139	+0.034%	$88.9M	$194.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2140	+0.062%	$21.1M	$110.4M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2148	+0.436%	$28K	$320K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2140	+0.076%	$79K	$282K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2157	+0.891%	$94K	$511	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2138	−0.022%	$13.3M	$27.3M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2138	−0.008%	$40.9M	$43.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2141	+0.118%	$25.2M	$16.0M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2137	−0.088%	$48.3M	$61.3M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2139	+0.029%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2168	+1.375%	$3.1M	$9.8M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2163	+1.151%	$257K	$7.1M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2152	+0.620%	$359K	$4.8M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2161	+1.058%	$19K	$646K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2141	+0.123%	$176K	$2.7M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2091	−2.230%	$1K	$928K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2138	−0.018%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2142	+0.146%	$264K	$836K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2139	+0.029%	$1.9M	$8.9M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2138	+0.001%	$1.7M	$4.5M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2140	+0.052%	$75K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2146	+0.361%	$14K	$267K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0195%	1h	0.2139	+0.037%	$2.6M	$4.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0309% / S −0.0754%	1h	0.2157	+0.849%	$59K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2136	−0.097%	$5.6M	$3.5M	75x	as long as short
Backpack ENA_USDC_PERP	+0.0400%	1h	0.2140	+0.090%	$416K	$481K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2140	+0.076%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0544%	1h	0.2157	+0.847%	$801K	$2.0M	50x	as long as short