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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENJ-USDT | 0.02825 | 0.0087 | pay 0.0044% / 4h | 55m 09s | $135K | $61K | 50x |
| Short | Bitget ENJUSDT | 0.02824 | 0.0100 | get 0.0050% / 4h | 55m 09s | $712K | $280K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 6 min ago | 3.54 bp | 12.2 bp −$12 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 20 min ago | 1.77 bp | 34.7 bp −$35 | 91.7 bp −$917 | 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-USDTlong | +0.0087% | 4h | 0.02825 | long leg | $135K | $61K | 50x | |
| Aster ENJUSDT | +0.0100% | 4h | 0.02827 | +0.059% | $18K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02825 | +0.008% | $3.0M | $3.4M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02826 | +0.032% | $965K | $592K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02825 | 0.000% | $296K | $443K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02823 | −0.071% | $110K | $33K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02826 | +0.035% | $2.0M | $724K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02825 | 0.000% | $402K | $73K | 30x | as long as short |
| Bitget ENJUSDTshort | +0.0100% | 4h | 0.02824 | −0.035% | $712K | $280K | 50x | |
| BingX ENJ-USDT | +0.0100% | 4h | 0.02827 | +0.071% | — | $2.4M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENJ | +0.0100% | 8h | 0.02827 | +0.056% | $19K | $2K | — | as long as short |
| Extended ENJ-USD | +0.0104% | 1h | 0.02825 | +0.001% | $1K | $220K | 5x | as long as short |
| Kraken Futures PF_ENJUSD | +0.5799% | 1h | 0.02843 | +0.647% | $26K | $8K | 20x | as long as short |
BloFin ENJ-USDT
Bitget ENJUSDT
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
BingX ENJ-USDT
Variational Omni ENJ
Extended ENJ-USD
Kraken Futures PF_ENJUSD