ENJ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against BingX+0.179%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1151.147% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days−0.199%−$20 · spread now +0.179%, 7d avg +0.021%

Together, before fees−0.239%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.158% dearer against BingX than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of +0.021%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.040% in total) that is about 28 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENJ-USDT	0.02788	0.0200	pay 0.0100% / 4h	41m 45s	—	$2.4M	—
Short	MEXC ENJ_USDT	0.02793	0.0100	get 0.0050% / 4h	41m 45s	$1.8M	$862K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.179%Rate

Funding earned: −$21
Price spread: +0.179% → +0.021%: $15.84
Slippage, 4 orders: −$100.74
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$119.89
Costs to cover: 1.147%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 5 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, 7 min ago	8.97 bp	59.4 bp −$59	91.7 bp −$917	584.5 bp −$58.5K	1016.0 bp −$508.0K
Sell MEXC live order book, 5 min ago	1.79 bp	14.3 bp −$14	46.4 bp −$464	157.8 bp −$15.8K	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
Kraken Futures PF_ENJUSD	+0.0042%	1h	0.02794	+0.221%	$24K	$13K	20x	as long as short
BloFin ENJ-USDT	+0.0065%	4h	0.02790	+0.072%	$130K	$101K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02792	+0.158%	$17K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02793	+0.165%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02791	+0.108%	$934K	$556K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02795	+0.251%	$290K	$386K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02791	+0.108%	$109K	$37K	25x	as long as short
MEXC ENJ_USDTshort	+0.0100%	4h	0.02793	+0.179%	$1.8M	$862K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02792	+0.143%	$392K	$67K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02792	+0.143%	$704K	$259K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02788	−0.002%	$2K	$19K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02791	+0.116%	$374	$285K	5x	as long as short
BingX ENJ-USDTlong	+0.0200%	4h	0.02788	long leg	—	$2.4M	—