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+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against BloFin−0.035%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.893% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.035%+$4 · spread now −0.035%, 7d avg −0.013%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.022% cheaper against BloFin than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.013%). If the spread goes back, that is −$2 on $10k: about 5.7 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.008% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.028250.0087pay 0.0044% / 4h55m 09s$135K$61K50x
ShortBitget ENJUSDT0.028240.0100get 0.0050% / 4h55m 09s$712K$280K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$2.68
Price spread: −0.035% → −0.013%
−$2.19
Slippage, 4 orders
−$65.27
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$88.78
Costs to cover
0.893%
Break-even
238.8 days
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 20 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, 6 min ago3.54 bp12.2 bp −$1244.6 bp −$446doesn't fitdoesn't fit
Sell Bitget live order book, 20 min ago1.77 bp34.7 bp −$3591.7 bp −$917doesn'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+0.0087%4h0.02825long leg$135K$61K50x
Aster ENJUSDT+0.0100%4h0.02827+0.059%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02825+0.008%$3.0M$3.4M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02826+0.032%$965K$592K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.028250.000%$296K$443K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02823−0.071%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02826+0.035%$2.0M$724K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.028250.000%$402K$73K30xas long as short
Bitget ENJUSDTshort+0.0100%4h0.02824−0.035%$712K$280K50x
BingX ENJ-USDT+0.0100%4h0.02827+0.071%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02827+0.056%$19K$2Kas long as short
Extended ENJ-USD+0.0104%1h0.02825+0.001%$1K$220K5xas long as short
Kraken Futures PF_ENJUSD+0.5799%1h0.02843+0.647%$26K$8K20xas long as short