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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.035%66s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1321.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.035%, 7d avg −0.020%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.028180.0050pay 0.0025% / 4h3h 58m$132K$102K50x
ShortBingX ENJ-USDT0.028170.0100get 0.0050% / 4h3h 58m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$10.55
Price spread: −0.035% → −0.020%
−$1.54
Slippage, 4 orders
−$109.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$122.78
Costs to cover
1.318%
Break-even
88.5 days
Slippage from BloFin: live order book, 23 min ago; BingX: live order book, 1 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, 23 min ago1.77 bp14.4 bp −$1438.8 bp −$388doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago28.42 bp47.0 bp −$4783.7 bp −$837766.3 bp −$76.6Kdoesn'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+0.0050%4h0.02818long leg$132K$102K50x
Aster ENJUSDT+0.0100%4h0.02818−0.014%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02818−0.017%$3.0M$3.4M50xas long as short
Bybit ENJUSDT+0.0100%8h0.028180.000%$953K$593K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02817−0.035%$293K$424K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02819+0.035%$109K$34K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02816−0.071%$2.0M$836K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02820+0.071%$397K$69K30xas long as short
Bitget ENJUSDT+0.0100%4h0.028180.000%$695K$265K50xas long as short
BingX ENJ-USDTshort+0.0100%4h0.02817−0.035%$2.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02819+0.018%$3K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02816−0.063%$214$191K5xas long as short
Kraken Futures PF_ENJUSD+0.6124%1h0.02835+0.605%$26K$8K20xas long as short