ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Pacifica against gTrade (Gains Network)−0.085%7-day average −0.013% · 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−$343as in the Price arb table

costs, in and out, $10k−$3363.363% of the position

Long on gTrade (Gains Network)Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.085%, 7d avg −0.013%

Together, before fees+0.074%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.072% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.013%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ENA/USD	0.2118	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	22m 50s	$97K	—	150x
Short	Pacifica ENA	0.2116	0.0100	get 0.0013% / 1h	22m 50s	$409K	$562K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.085%Rate

Funding earned: $20.28
Price spread: −0.085% → −0.013%: −$7.23
Slippage, 4 orders: −$318.26
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$323.21
Costs to cover: 3.363%
Break-even: 118.6 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 61 min ago; Pacifica: live order book, 56 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 gTrade (Gains Network) virtual book (oracle venue), 61 min ago	130.03 bp	186.1 bp −$186	1556.6 bp −$15.6K	15425.0 bp −$1.54M	doesn't fit
Sell Pacifica live order book, 56 min ago	1.43 bp	6.4 bp −$6	doesn't fit	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	−0.0007%	4h	0.2118	+0.023%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2119	+0.085%	$92K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USDlong	L +0.0003% / S −0.0003%	1h	0.2118	long leg	$97K	—	150x
Backpack ENA_USDC_PERP	+0.0024%	1h	0.2119	+0.089%	$374K	$445K	5x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+0.273%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2116	−0.076%	$61K	$524K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2116	−0.062%	$678K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2118	+0.004%	$1.5M	$3.3M	50x	as long as short
Pacifica ENAshort	+0.0100%	1h	0.2116	−0.085%	$409K	$562K	10x
Binance ENAUSDT	+0.0100%	4h	0.2117	−0.027%	$130.8M	$452.5M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2116	−0.067%	$88.9M	$189.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2117	−0.010%	$20.5M	$110.9M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2119	+0.085%	$15K	$404K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2117	−0.029%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2117	−0.052%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2117	−0.034%	$10.8M	$21.4M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2118	+0.014%	$46.4M	$45.6M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2118	+0.037%	$24.5M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2116	−0.062%	$48.0M	$64.0M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2117	−0.052%	—	$32.6M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2123	+0.269%	$3.9M	$10.3M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2119	+0.079%	$252K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2127	+0.447%	$355K	$4.6M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2121	+0.160%	$34K	$711K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2117	−0.048%	$178K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2066	−2.447%	$1K	$825K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2119	+0.066%	$4K	$14K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2118	+0.023%	$275K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2119	+0.066%	$2.0M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2116	−0.092%	$47K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2119	+0.053%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2129	+0.533%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0192%	1h	0.2118	+0.014%	$4K	$302	10x	as long as short
Extended ENA-USD	+0.0208%	1h	0.2117	−0.044%	$1.6M	$4.2M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0241%	1h	0.2120	+0.133%	$2.7M	$5.4M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2117	−0.022%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2117	−0.052%	$5.6M	$5.9M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2116	−0.091%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0520%	1h	0.2122	+0.198%	$5.6M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2120	+0.099%	$837K	$2.1M	50x	as long as short
Hyperliquid ENA	+0.0765%	1h	0.2122	+0.212%	$114.3M	$78.3M	10x	as long as short
dYdX ENA-USD	+0.1686%	1h	0.2117	−0.044%	$140K	$15K	5x	as long as short