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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.07 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX−0.142%96s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1101.096% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.142%, 7d avg +0.020%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.162% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENJ-USDT0.028160.0100pay 0.0050% / 4h47m 38s$2.4M
ShortBloFin ENJ-USDT0.028120.0085get 0.0043% / 4h47m 38s$133K$102K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$3.13
Price spread: −0.142% → +0.020%
−$16.21
Slippage, 4 orders
−$87.64
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$128.98
Costs to cover
1.096%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 44 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 BingX live order book, 2 min ago26.67 bp39.7 bp −$4072.1 bp −$721685.0 bp −$68.5Kdoesn't fit
Sell BloFin live order book, 44 min ago1.77 bp10.2 bp −$1037.8 bp −$378doesn'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
BloFin ENJ-USDTshort+0.0085%4h0.02812−0.142%$133K$102K50x
Aster ENJUSDT+0.0100%4h0.02814−0.077%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02817+0.026%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02817+0.036%$959K$594K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02818+0.071%$292K$446K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02815−0.036%$108K$34K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02814−0.071%$2.0M$794K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02815−0.036%$395K$70K30xas long as short
Bitget ENJUSDT+0.0100%4h0.028160.000%$718K$253K50xas long as short
BingX ENJ-USDTlong+0.0100%4h0.02816long leg$2.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02812−0.160%$19K$2Kas long as short
Extended ENJ-USD+0.0104%1h0.02813−0.123%$1K$187K5xas long as short
Kraken Futures PF_ENJUSD+0.5539%1h0.02830+0.512%$26K$8K20xas long as short