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 11:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Injective against gTrade (Gains Network)+0.933%125s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.933% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$93 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 125 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ENA/USD0.2102L +0.0004% / S −0.0004%pay 0.0000% / 1h50m 16s$81K150x
ShortInjective ENA/USDC PERP0.21220.0033get 0.0004% / 1h50m 16s$734$57K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$6.23
Price spread: +0.933% → 0.000%
$93.33
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$89.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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 exchanges

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−0.0179%4h0.2098−0.218%$43K$14K10xas long as short
01 Exchange ENAUSD−0.0176%1h0.2099−0.166%$4K$6010xas long as short
Kraken Futures PF_ENAUSD−0.0133%1h0.2099−0.142%$2.6M$3.8M50xas long as short
Bitget ENAUSDT−0.0042%4h0.2096−0.284%$47.2M$55.7M75xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2099−0.151%$104K$1.2M50xas long as short
gTrade (Gains Network) ENA/USDlongL +0.0004% / S −0.0004%1h0.2102long leg$81K150x
Injective ENA/USDC PERPshort+0.0033%1h0.2122+0.933%$734$57K5.5x
Lighter ENA+0.0096%1h0.2102−0.004%$4.9M$12.4M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2099−0.156%$55K$389K50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2099−0.134%$47K10xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2099−0.170%$586K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2100−0.099%$113.3M$77.1M10xas long as short
Aster ENAUSDT+0.0100%4h0.2100−0.097%$1.3M$3.2M50xas long as short
Pacifica ENA+0.0100%1h0.2102+0.007%$387K$527K10xas long as short
Binance ENAUSDT+0.0100%4h0.2099−0.179%$126.1M$405.6M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2098−0.213%$86.3M$184.0M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2098−0.185%$20.8M$98.9M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2111+0.396%$27K$332K5xas long as short
Arcus ENA-USD+0.0100%1h0.2100−0.108%$78K$235K10xas long as short
Bulk ENA-USD+0.0100%1h0.2112+0.461%$103K$11K10xas long as short
Gate ENA_USDT+0.0100%4h0.2099−0.147%$13.7M$26.6M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2099−0.137%$41.9M$40.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2100−0.089%$24.9M$15.0M75xas long as short
BingX ENA-USDT+0.0100%4h0.2099−0.175%$30.2Mas long as short
Variational Omni ENA+0.0100%4h0.2100−0.113%$3.0M$7.9Mas long as short
edgeX ENAUSDC+0.0100%4h0.2105+0.137%$243K$6.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2104+0.082%$356K$4.4M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2104+0.082%$19K$645K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2099−0.132%$166K$2.6M10xas long as short
SunX ENA-USDT+0.0100%4h0.2052−2.392%$1K$916K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2098−0.204%$6K$5K10xas long as short
HTX ENA-USDT+0.0100%4h0.2108+0.282%$264K$783K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2101−0.061%$1.9M$8.9M50xas long as short
Extended ENA-USD+0.0104%1h0.2097−0.232%$1.6M$4.8M50xas long as short
Aevo ENA-PERP+0.0104%1h0.2098−0.180%$73K$4K3xas long as short
Phoenix ENA+0.0113%1h0.2109+0.296%$13K$278K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0305% / S −0.0756%1h0.2102−0.023%$58K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2100−0.127%$5.5M$3.3M75xas long as short
Reya ENARUSDPERP+0.0411%1h0.2100−0.100%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0480%1h0.2104+0.072%$775K$1.8M50xas long as short
Backpack ENA_USDC_PERP+0.0567%1h0.2104+0.063%$404K$473K5xas long as short
dYdX ENA-USD+0.1189%1h0.2102+0.006%$139K$15K5xas long as short