Settings8H · net · $10k
Funding arb · Price arb /

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.150%81s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.789% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.150%, 7d avg +0.007%
Together, before fees−0.136%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.144% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ENJUSDT0.027750.0100pay 0.0050% / 4h2h 17m$3.0M$3.5M50x
ShortBloFin ENJ-USDT0.027790.0139get 0.0070% / 4h2h 17m$130K$101K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Funding earned
$8.28
Price spread: +0.150% → +0.007%
$14.37
Slippage, 4 orders
−$56.88
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$56.23
Costs to cover
0.789%
Break-even
54.5 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.80 bp17.1 bp −$1768.3 bp −$683doesn't fitdoesn't fit
Sell BloFin live order book, 54 min ago1.79 bp16.4 bp −$1646.5 bp −$465doesn't fitdoesn't fit

ENJ on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENJUSDT+0.0100%4h0.02778+0.114%$17K$5K5xas long as short
Binance ENJUSDTlong+0.0100%4h0.02775long leg$3.0M$3.5M50x
Bybit ENJUSDT+0.0100%8h0.02775−0.001%$926K$556K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02776+0.042%$291K$395K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02777+0.078%$106K$35K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02775+0.006%$1.8M$855K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02781+0.222%$390K$69K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02776+0.042%$699K$269K50xas long as short
Variational Omni ENJ+0.0100%8h0.02764−0.408%$1K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02775+0.014%$3K$279K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDTshort+0.0139%4h0.02779+0.150%$130K$101K50x
BingX ENJ-USDT+0.0200%4h0.02775+0.006%$2.4Mas long as short
Kraken Futures PF_ENJUSD+0.6297%1h0.02778+0.099%$24K$13K20xas long as short