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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin+0.056%71s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.056%, 7d avg −0.006%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.062% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.028280.0083pay 0.0042% / 4h1m 58s$133K$60K50x
ShortBinance ENJUSDT0.028300.0100get 0.0050% / 4h1m 58s$3.0M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$3.54
Price spread: +0.056% → −0.006%
$6.22
Slippage, 4 orders
−$46.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$58.34
Costs to cover
0.681%
Break-even
122.3 days
Slippage from BloFin: live order book, 59 min ago; Binance: live order book, 4 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 BloFin live order book, 59 min ago3.54 bp12.2 bp −$1244.6 bp −$446doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago3.55 bp23.6 bp −$2475.1 bp −$751doesn'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-USDTlong+0.0083%4h0.02828long leg$133K$60K50x
Aster ENJUSDT+0.0100%4h0.02831+0.095%$18K$5K5xas long as short
Binance ENJUSDTshort+0.0100%4h0.02830+0.056%$3.0M$3.5M50x
Bybit ENJUSDT+0.0100%8h0.02827−0.035%$965K$592K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02827−0.035%$297K$446K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02829+0.035%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02829+0.035%$2.0M$755K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02830+0.071%$396K$77K30xas long as short
Bitget ENJUSDT+0.0100%4h0.028280.000%$713K$272K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02829+0.035%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02814−0.508%$19K$2Kas long as short
Extended ENJ-USD+0.0104%1h0.02828+0.016%$1K$220K5xas long as short
Kraken Futures PF_ENJUSD+0.5788%1h0.02848+0.719%$26K$8K20xas long as short