ENA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0653%/8h= +71.5% APRnext payment +$0.82 per $10,000 · paid last 24h +0.018%

Price spread now: GMX against SoDEX−0.087%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on GMX

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

Funding pays, the price is against you. GMX is 0.087% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 11 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ENA-USD	0.2180	0.0100	pay 0.0013% / 1h	4m 34s	$4K	$7K	10x
Short	GMX ENA/USD [ETH-USDC]	0.2178	L +0.0310% / S −0.0753%	get 0.0094% / 1h	4m 34s	$60K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $137.18
Price spread: −0.087% → 0.000%: −$8.67
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $108.51
Costs to cover: 0.200%
Break-even: 1.5 days

Slippage unknown: SoDEX: no order-book sample; GMX: 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 SoDEX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

SoDEX and 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	−0.0139%	4h	0.2177	−0.119%	$45K	$26K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2178	−0.083%	$68K	$1.1M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0004% / S −0.0004%	1h	0.2178	−0.073%	$84K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−2.596%	$522	$57K	5.5x	as long as short
01 Exchange ENAUSD	+0.0040%	1h	0.2179	−0.060%	$4K	$277	10x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2178	−0.092%	$55K	$477K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2175	−0.218%	$577K	$1.8M	10x	as long as short
Hyperliquid ENA	+0.0100%	1h	0.2178	−0.083%	$118.1M	$75.9M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2179	−0.057%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2177	−0.123%	$409K	$532K	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	0.2178	−0.101%	$131.9M	$426.5M	75x	as long as short
Bybit ENAUSDT	+0.0100%	4h	0.2177	−0.147%	$88.0M	$178.9M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2176	−0.183%	$21.8M	$109.7M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2175	−0.239%	$21K	$327K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2179	−0.046%	$81K	$281K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2182	+0.069%	$96K	−$0	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2176	−0.170%	$11.5M	$24.8M	50x	as long as short
MEXC ENA_USDT	+0.0100%	4h	0.2177	−0.124%	$48.5M	$42.1M	200x	as long as short
KuCoin ENAUSDTM	+0.0100%	4h	0.2178	−0.069%	$25.4M	$15.7M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2176	−0.202%	$49.4M	$59.2M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2177	−0.161%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2182	+0.077%	$3.1M	$10.1M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2177	−0.124%	$257K	$7.0M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2179	−0.058%	$364K	$5.0M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2178	−0.092%	$20K	$651K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2179	−0.060%	$193K	$2.5M	10x	as long as short
SunX ENA-USDT	+0.0100%	4h	0.2126	−2.486%	$1K	$893K	20x	as long as short
SoDEX ENA-USDlong	+0.0100%	1h	0.2180	long leg	$4K	$7K	10x
HTX ENA-USDT	+0.0100%	4h	0.2182	+0.101%	$273K	$806K	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2180	0.000%	$1.8M	$8.9M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2176	−0.166%	$49K	$110	10x	as long as short
Extended ENA-USD	+0.0104%	1h	0.2176	−0.182%	$1.6M	$4.2M	50x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2178	−0.069%	$76K	$4K	3x	as long as short
Phoenix ENA	+0.0153%	1h	0.2177	−0.115%	$8K	$278K	10x	as long as short
Kraken Futures PF_ENAUSD	+0.0158%	1h	0.2180	+0.013%	$2.7M	$4.3M	50x	as long as short
dYdX ENA-USD	+0.0195%	1h	0.2178	−0.105%	$144K	$16K	5x	as long as short
Lighter ENA	+0.0248%	1h	0.2180	+0.009%	$5.2M	$13.4M	10x	as long as short
GMX ENA/USD [ETH-USDC]short	L +0.0310% / S −0.0753%	1h	0.2178	−0.087%	$60K	—	100x
BloFin ENA-USDT	+0.0340%	4h	0.2179	−0.055%	$5.6M	$3.3M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2178	−0.090%	$1K	$5K	15x	as long as short
Backpack ENA_USDC_PERP	+0.0558%	1h	0.2180	+0.009%	$399K	$423K	5x	as long as short
Coinbase International ENA-PERP-INTX	+0.0704%	1h	0.2181	+0.041%	$895K	$1.8M	50x	as long as short