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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%
Price spread now: Extended against BingX+0.049%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.049%, 7d avg −0.010%
Together, before fees−0.016%+ Points / potential airdropExtended: Active · farm board−$2 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: Extended is 0.059% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENJ-USDT0.028210.0100pay 0.0050% / 4h2h 43m$2.4M
ShortExtended ENJ-USD0.028220.0104get 0.0013% / 1h43m 59s$1K$220K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.049% → −0.010%
$5.92
Slippage, 4 orders
−$154.61
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$162.84
Costs to cover
1.696%
Break-even
1364.0 days
Slippage from BingX: live order book, 5 min ago; Extended: live order book, 43 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, 5 min ago26.60 bp51.5 bp −$5183.7 bp −$837620.7 bp −$62.1K1063.3 bp −$531.7K
Sell Extended live order book, 43 min ago3.36 bp39.6 bp −$40266.9 bp −$2,669doesn'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-USDT+0.0099%4h0.028210.000%$138K$61K50xas long as short
Aster ENJUSDT+0.0100%4h0.02822+0.046%$18K$3K5xas long as short
Binance ENJUSDT+0.0100%4h0.02823+0.056%$3.1M$3.2M50xas long as short
Bybit ENJUSDT+0.0100%8h0.028210.000%$961K$576K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02820−0.035%$296K$429K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02823+0.071%$110K$32K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02823+0.071%$2.0M$793K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02825+0.142%$398K$78K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02823+0.071%$700K$264K50xas long as short
BingX ENJ-USDTlong+0.0100%4h0.02821long leg$2.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02822+0.018%$19K$2Kas long as short
Extended ENJ-USDshort+0.0104%1h0.02822+0.049%$1K$220K5x
Kraken Futures PF_ENJUSD+0.5429%1h0.02842+0.731%$25K$7K20xas long as short