ENJ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BloFin−0.531%79s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.469% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.549%+$55 · spread now −0.531%, 7d avg −0.011%

Together, before fees+0.557%+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.520% cheaper against BloFin than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENJ-USDT	0.02826	0.0140	pay 0.0070% / 4h	41m 50s	$133K	$102K	50x
Short	MEXC ENJ_USDT	0.02811	0.0100	get 0.0050% / 4h	41m 50s	$2.0M	$834K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.531%Rate

Funding earned: −$8.45
Price spread: −0.531% → −0.011%: −$52.02
Slippage, 4 orders: −$30.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$107.37
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from BloFin: live order book, 50 min ago; MEXC: live order book, 5 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, 50 min ago	1.77 bp	7.8 bp −$8	48.0 bp −$480	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.77 bp	20.3 bp −$20	59.6 bp −$596	145.4 bp −$14.5K	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
Aster ENJUSDT	+0.0100%	4h	0.02810	−0.562%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02810	−0.552%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02809	−0.612%	$951K	$617K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02812	−0.495%	$291K	$450K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02811	−0.531%	$108K	$34K	25x	as long as short
MEXC ENJ_USDTshort	+0.0100%	4h	0.02811	−0.531%	$2.0M	$834K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02814	−0.425%	$395K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02809	−0.602%	$710K	$262K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02812	−0.495%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02819	−0.248%	$19K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02809	−0.592%	$2K	$191K	5x	as long as short
BloFin ENJ-USDTlong	+0.0140%	4h	0.02826	long leg	$133K	$102K	50x
Kraken Futures PF_ENJUSD	+0.5544%	1h	0.02828	+0.064%	$26K	$8K	20x	as long as short