ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0203%/8h= −22.2% APRnext payment −$0.25 per $10,000 · paid last 24h −0.032%

Price spread now: Pacifica against GMX+0.032%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 Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 0.032% dearer against GMX than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ENA/USD [ETH-USDC]	0.2063	L +0.0303% / S −0.0754%	pay 0.0038% / 1h	28m 43s	$57K	—	100x
Short	Pacifica ENA	0.2064	0.0100	get 0.0013% / 1h	28m 43s	$375K	$502K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.032%Rate

Funding earned: −$42.6
Price spread: +0.032% → 0.000%: $3.15
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$59.45
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 18 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 Pacifica live order book, 18 min ago	1.43 bp	8.8 bp −$9	doesn't fit	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 exchanges

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
01 Exchange ENAUSD	−0.0376%	1h	0.2060	−0.128%	$4K	$60	10x	as long as short
Orderly PERP_ENA_USDC	−0.0176%	4h	0.2061	−0.070%	$43K	$13K	10x	as long as short
Kraken Futures PF_ENAUSD	−0.0136%	1h	0.2062	−0.038%	$2.5M	$3.1M	50x	as long as short
Bitget ENAUSDT	−0.0026%	4h	0.2062	−0.041%	$46.6M	$56.1M	75x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2063	+0.012%	$67K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2064	+0.068%	$80K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2122	+2.858%	$734	$57K	5.5x	as long as short
Lighter ENA	+0.0096%	1h	0.2064	+0.027%	$5.0M	$12.9M	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2061	−0.095%	$52K	$392K	50x	as long as short
Paradex ENA-USD-PERP	+0.0099%	8h	0.2063	+0.026%	$46K	—	10x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ENA-PERP	+0.0100%	1h	0.2061	−0.082%	$529K	$1.7M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2062	−0.027%	$110.6M	$77.9M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2063	+0.019%	$1.3M	$3.3M	50x	as long as short
Pacifica ENAshort	+0.0100%	1h	0.2064	+0.032%	$375K	$502K	10x
Binance ENAUSDT	+0.0100%	4h	0.2063	−0.012%	$123.2M	$405.6M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2064	+0.027%	$82.9M	$185.3M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2064	+0.036%	$20.5M	$97.1M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2061	−0.075%	$32K	$317K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2064	+0.051%	$76K	$227K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2082	+0.899%	$102K	$11K	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2063	+0.007%	$13.8M	$27.2M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2064	+0.036%	$42.1M	$41.8M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2062	−0.046%	$24.5M	$14.8M	75x	as long as short
BingX ENA-USDT	+0.0100%	4h	0.2064	+0.051%	—	$29.6M	—	as long as short
Backpack ENA_USDC_PERP	+0.0100%	1h	0.2061	−0.090%	$399K	$472K	5x	as long as short
Variational Omni ENA	+0.0100%	4h	0.2064	+0.030%	$2.8M	$7.7M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2064	+0.030%	$239K	$6.8M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2064	+0.052%	$350K	$4.2M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2064	+0.051%	$22K	$648K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2061	−0.095%	$120K	$2.4M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2012	−2.450%	$1K	$926K	20x	as long as short
SoDEX ENA-USD	+0.0100%	1h	0.2061	−0.095%	$6K	$5K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2069	+0.293%	$266K	$774K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2062	−0.046%	$1.8M	$9.0M	50x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2062	−0.052%	$1.6M	$4.7M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2061	−0.095%	$72K	$4K	3x	as long as short
Phoenix ENA	+0.0113%	1h	0.2065	+0.114%	$13K	$278K	10x	as long as short
GMX ENA/USD [ETH-USDC]long	L +0.0303% / S −0.0754%	1h	0.2063	long leg	$57K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2062	−0.056%	$5.5M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0411%	1h	0.2061	−0.114%	$1K	—	15x	as long as short
Coinbase International ENA-PERP-INTX	+0.0480%	1h	0.2067	+0.177%	$757K	$1.8M	50x	as long as short
dYdX ENA-USD	+0.1375%	1h	0.2063	−0.021%	$136K	$15K	5x	as long as short