Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.013%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.663% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.013%, 7d avg −0.007%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENJUSDT	0.02827	0.0100	pay 0.0050% / 4h	52m 25s	$3.0M	$3.4M	50x
Short	MEXC ENJ_USDT	0.02827	0.0100	get 0.0050% / 4h	52m 25s	$2.0M	$725K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.007%: $2.01
Slippage, 4 orders: −$52.33
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.32
Costs to cover: 0.663%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 9 min ago.

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 Binance live order book, 14 min ago	1.77 bp	19.9 bp −$20	73.2 bp −$732	doesn't fit	doesn't fit
Sell MEXC live order book, 9 min ago	3.55 bp	10.8 bp −$11	37.8 bp −$378	148.6 bp −$14.9K	doesn't fit

ENJ on 13 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
Aster ENJUSDT	+0.0100%	4h	0.02829	+0.066%	$18K	$5K	5x	as long as short
Binance ENJUSDTlong	+0.0100%	4h	0.02827	long leg	$3.0M	$3.4M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02826	−0.022%	$965K	$593K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02828	+0.048%	$298K	$445K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02825	−0.058%	$110K	$33K	25x	as long as short
MEXC ENJ_USDTshort	+0.0100%	4h	0.02827	+0.013%	$2.0M	$725K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02832	+0.190%	$403K	$75K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02825	−0.058%	$712K	$281K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02829	+0.084%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02827	−0.002%	$19K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02826	−0.007%	$1K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0136%	4h	0.02827	+0.013%	$135K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5792%	1h	0.02847	+0.706%	$26K	$8K	20x	as long as short