ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0411%/8h= +45.0% APRnext payment +$0.51 per $10,000 · paid last 24h +0.129%

Price spread now: Coinbase International against GMX+0.313%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.313% dearer against GMX than usual: you sell high and buy low: +$31 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	GMX ENA/USD [ETH-USDC]	0.2100	L +0.0253% / S −0.0213%	pay 0.0032% / 1h	7m 09s	$51K	—	100x
Short	Coinbase International ENA-PERP-INTX	0.2107	0.0664	get 0.0083% / 1h	7m 09s	$858K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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 GMXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.313%Rate

Funding earned: $86.39
Price spread: +0.313% → 0.000%: $31.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $95.72
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 1 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 1 min ago	11.38 bp	17.7 bp −$18	26.7 bp −$267	doesn't fit	doesn't fit

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	−0.0040%	4h	0.2099	−0.044%	$44K	$25K	10x	as long as short
01 Exchange ENAUSD	−0.0008%	1h	0.2098	−0.091%	$4K	$302	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2100	−0.030%	$78K	$1.3M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2100	−0.010%	$81K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	+1.104%	$522	$57K	5.5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2098	−0.106%	$55K	$498K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2098	−0.126%	$659K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2101	+0.037%	$113.2M	$71.7M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2100	+0.004%	$1.5M	$2.9M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2100	−0.010%	$410K	$501K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENAUSDT	+0.0100%	4h	0.2099	−0.058%	$128.4M	$415.3M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2099	−0.063%	$85.5M	$174.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2099	−0.039%	$20.7M	$101.6M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2112	+0.537%	$19K	$325K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2099	−0.058%	$78K	$275K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2120	+0.942%	$93K	$4K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2099	−0.034%	$11.0M	$21.6M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2099	−0.053%	$45.6M	$42.3M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2100	+0.013%	$24.5M	$15.6M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2098	−0.101%	$47.7M	$57.3M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2099	−0.044%	—	$32.3M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2100	−0.001%	$372K	$360K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2112	+0.582%	$3.4M	$9.9M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2108	+0.372%	$243K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2108	+0.370%	$355K	$4.9M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2108	+0.370%	$22K	$650K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2099	−0.039%	$186K	$2.3M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2048	−2.472%	$954	$838K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2099	−0.058%	$4K	$7K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2102	+0.075%	$272K	$786K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2099	−0.058%	$1.8M	$8.8M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2100	−0.002%	$47K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2098	−0.099%	$1.6M	$4.1M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2099	−0.053%	$73K	$4K	3x	as long as short
Phoenix ENA	+0.0150%	1h	0.2106	+0.289%	$8K	$298K	10x	as long as short
GMX ENA/USD [ETH-USDC]long	L +0.0253% / S −0.0213%	1h	0.2100	long leg	$51K	—	100x
Lighter ENA	+0.0280%	1h	0.2101	+0.051%	$5.3M	$13.9M	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0287%	1h	0.2101	+0.016%	$2.6M	$4.2M	50x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2100	−0.025%	$5.6M	$3.0M	75x	as long as short
dYdX ENA-USD	+0.0394%	1h	0.2099	−0.035%	$139K	$15K	5x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2098	−0.088%	$1K	$5K	15x	as long as short
Coinbase International ENA-PERP-INTXshort	+0.0664%	1h	0.2107	+0.313%	$858K	$1.5M	50x