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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1101.096% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ENJ-USDT | 0.02816 | 0.0100 | pay 0.0050% / 4h | 47m 38s | — | $2.4M | — |
| Short | BloFin ENJ-USDT | 0.02812 | 0.0085 | get 0.0043% / 4h | 47m 38s | $133K | $102K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 2 min ago | 26.67 bp | 39.7 bp −$40 | 72.1 bp −$721 | 685.0 bp −$68.5K | doesn't fit |
| Sell BloFin live order book, 44 min ago | 1.77 bp | 10.2 bp −$10 | 37.8 bp −$378 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENJ-USDTshort | +0.0085% | 4h | 0.02812 | −0.142% | $133K | $102K | 50x | |
| Aster ENJUSDT | +0.0100% | 4h | 0.02814 | −0.077% | $18K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02817 | +0.026% | $3.0M | $3.5M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02817 | +0.036% | $959K | $594K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02818 | +0.071% | $292K | $446K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02815 | −0.036% | $108K | $34K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02814 | −0.071% | $2.0M | $794K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02815 | −0.036% | $395K | $70K | 30x | as long as short |
| Bitget ENJUSDT | +0.0100% | 4h | 0.02816 | 0.000% | $718K | $253K | 50x | as long as short |
| BingX ENJ-USDTlong | +0.0100% | 4h | 0.02816 | long leg | — | $2.4M | — |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENJ | +0.0100% | 8h | 0.02812 | −0.160% | $19K | $2K | — | as long as short |
| Extended ENJ-USD | +0.0104% | 1h | 0.02813 | −0.123% | $1K | $187K | 5x | as long as short |
| Kraken Futures PF_ENJUSD | +0.5539% | 1h | 0.02830 | +0.512% | $26K | $8K | 20x | as long as short |
BingX ENJ-USDT
BloFin ENJ-USDT
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
Bitget ENJUSDT
Variational Omni ENJ
Extended ENJ-USD
Kraken Futures PF_ENJUSD