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 −0.010%

Price spread now: OKX against BingX−0.142%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1631.633% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 4 days (all we have)+0.400%+$40 · spread now −0.142%, 7d avg +0.021%

Together, before fees+0.327%+$33 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: OKX is 0.162% cheaper against BingX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENJ-USDT	0.02825	0.0100	pay 0.0050% / 4h	1h 36m	—	$2.4M	—
Short	OKX ENJ-USDT-SWAP	0.02821	0.0100	get 0.0050% / 4h	1h 36m	$293K	$434K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.142%Rate

Funding earned: $0
Price spread: −0.142% → +0.021%: −$16.23
Slippage, 4 orders: −$143.29
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$179.52
Costs to cover: 1.633%
Break-even: never at this rate

Slippage from BingX: live order book, 13 min ago; OKX: 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, 13 min ago	26.59 bp	47.4 bp −$47	80.1 bp −$801	596.7 bp −$59.7K	1051.9 bp −$526.0K
Sell OKX live order book, 44 min ago	5.30 bp	34.1 bp −$34	doesn't fit	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-USDT	+0.0071%	4h	0.02825	0.000%	$137K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02828	+0.099%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02821	−0.142%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02823	−0.078%	$963K	$581K	25x	as long as short
OKX ENJ-USDT-SWAPshort	+0.0100%	4h	0.02821	−0.142%	$293K	$434K	10x
Gate ENJ_USDT	+0.0100%	4h	0.02827	+0.071%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02822	−0.106%	$2.0M	$745K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02829	+0.142%	$400K	$79K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02826	+0.035%	$700K	$264K	50x	as long as short
BingX ENJ-USDTlong	+0.0100%	4h	0.02825	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	0.02831	+0.219%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02822	−0.109%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5437%	1h	0.02839	+0.505%	$26K	$8K	20x	as long as short