Funding you earn now, next payment 07:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.139%
Price spread now: gTrade (Gains Network) against Lighter−0.037%101s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.037% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ENA | 0.2131 | 0.0200 | pay 0.0025% / 1h | 21m 29s | $5.1M | $13.5M | 10x |
| Short | gTrade (Gains Network) ENA/USD | 0.2131 | L +0.0004% / S −0.0004% | get 0.0000% / 1h | 21m 29s | $82K | — | 150x |
Lighter ENA
gTrade (Gains Network) ENA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.24
- Price spread: −0.037% → 0.000%
- −$3.71
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$54.95
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 7 min ago; gTrade (Gains Network): 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 7 min ago | 1.41 bp | 2.2 bp −$2 | 7.1 bp −$71 | 251.2 bp −$25.1K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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 | −0.0115% | 4h | 0.2127 | −0.211% | $44K | $26K | 10x | as long as short |
| 01 Exchange ENAUSD | 0.0000% | 1h | 0.2128 | −0.145% | $4K | $277 | 10x | as long as short |
| Deribit ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2127 | −0.197% | $55K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ENA/USDshort | L +0.0004% / S −0.0004% | 1h | 0.2131 | −0.037% | $82K | — | 150x | |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.375% | $522 | $57K | 5.5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2127 | −0.206% | $54K | $483K | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2128 | −0.136% | $48K | $110 | 10x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2126 | −0.235% | $563K | $1.8M | 10x | as long as short |
| Hyperliquid ENA | +0.0100% | 1h | 0.2131 | −0.013% | $115.5M | $76.0M | 10x | as long as short |
| Aster ENAUSDT | +0.0100% | 4h | 0.2129 | −0.107% | $1.4M | $3.3M | 50x | as long as short |
Orderly PERP_ENA_USDC
01 Exchange ENAUSD
Deribit ENA_USDC-PERPETUAL
Injective ENA/USDC PERP
Popdex ENAUSDT
Paradex ENA-USD-PERP
Nado ENA-PERP
Hyperliquid ENA
Aster ENAUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ENA | +0.0100% | 1h | 0.2129 | −0.107% | $403K | $544K | 10x | as long as short |
| Binance ENAUSDT | +0.0100% | 4h | 0.2128 | −0.142% | $128.9M | $428.8M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2126 | −0.272% | $91.2M | $187.6M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2127 | −0.188% | $21.3M | $108.8M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2126 | −0.249% | $33K | $331K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2128 | −0.160% | $79K | $281K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2128 | −0.153% | $93K | $511 | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2129 | −0.136% | $12.5M | $26.5M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2129 | −0.122% | $37.7M | $42.9M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2129 | −0.103% | $25.0M | $15.8M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2126 | −0.253% | $48.2M | $60.1M | 75x | as long as short |
| BingX ENA-USDC | +0.0100% | 4h | 0.2128 | −0.164% | — | $6.5M | — | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2129 | −0.095% | $3.1M | $10.2M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2130 | −0.051% | $258K | $7.1M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2131 | −0.008% | $356K | $5.1M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2132 | +0.028% | $19K | $644K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2129 | −0.108% | $186K | $2.6M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2078 | −2.524% | $1K | $904K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2126 | −0.253% | $4K | $7K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2131 | −0.023% | $267K | $820K | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2127 | −0.206% | $1.8M | $8.8M | 50x | as long as short |
| Extended ENA-USD | +0.0104% | 1h | 0.2126 | −0.240% | $1.6M | $4.3M | 50x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2127 | −0.186% | $74K | $4K | 3x | as long as short |
| Phoenix ENA | +0.0110% | 1h | 0.2133 | +0.084% | $8K | $276K | 10x | as long as short |
| dYdX ENA-USD | +0.0185% | 1h | 0.2129 | −0.119% | $141K | $16K | 5x | as long as short |
| Lighter ENAlong | +0.0200% | 1h | 0.2131 | long leg | $5.1M | $13.5M | 10x | |
| GMX ENA/USD [ETH-USDC] | L +0.0307% / S −0.0753% | 1h | 0.2128 | −0.174% | $58K | — | 100x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2132 | +0.005% | $5.6M | $3.3M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2127 | −0.222% | $1K | $5K | 15x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0443% | 1h | 0.2127 | −0.220% | $2.6M | $4.4M | 50x | as long as short |
| Backpack ENA_USDC_PERP | +0.0490% | 1h | 0.2127 | −0.197% | $395K | $437K | 5x | as long as short |
| Coinbase International ENA-PERP-INTX | +0.0616% | 1h | 0.2135 | +0.192% | $881K | $1.8M | 50x | as long as short |
Pacifica ENA
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDC
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Extended ENA-USD
Aevo ENA-PERP
Phoenix ENA
dYdX ENA-USD
GMX ENA/USD [ETH-USDC]
BloFin ENA-USDT
Reya ENARUSDPERP
Kraken Futures PF_ENAUSD
Backpack ENA_USDC_PERP
Coinbase International ENA-PERP-INTX