Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Variational Omni against BingX−0.070%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.070% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENJ-USDT	0.02824	0.0100	pay 0.0050% / 4h	52m 42s	—	$2.4M	—
Short	Variational Omni ENJ	0.02822	0.0100	get 0.0100% / 8h	4h 52m	$19K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → 0.000%: −$6.96
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.96
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 12 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 12 min ago	26.59 bp	46.0 bp −$46	73.4 bp −$734	601.5 bp −$60.2K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster ENJUSDT	+0.0100%	4h	0.02822	−0.060%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02815	−0.310%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02819	−0.177%	$960K	$592K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02817	−0.248%	$292K	$446K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02823	−0.035%	$109K	$34K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02815	−0.319%	$2.0M	$794K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02822	−0.071%	$396K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02820	−0.142%	$708K	$246K	50x	as long as short
BingX ENJ-USDTlong	+0.0100%	4h	0.02824	long leg	—	$2.4M	—
Variational Omni ENJshort	+0.0100%	8h	0.02822	−0.070%	$19K	$2K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02819	−0.168%	$1K	$187K	5x	as long as short
BloFin ENJ-USDT	+0.0141%	4h	0.02824	0.000%	$134K	$102K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5516%	1h	0.02842	+0.652%	$26K	$8K	20x	as long as short