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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against BloFin−0.035%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.961% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.035%, 7d avg −0.010%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.026% cheaper against BloFin than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.010%). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.028230.0066pay 0.0033% / 4h3h 02m$130K$96K50x
ShortOKX ENJ-USDT-SWAP0.028220.0100get 0.0050% / 4h3h 02m$290K$380K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$7.11
Price spread: −0.035% → −0.010%
−$2.59
Slippage, 4 orders
−$74.12
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$91.6
Costs to cover
0.961%
Break-even
97.1 days
Slippage from BloFin: live order book, 54 min ago; OKX: live order book, 28 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, 54 min ago3.58 bp20.3 bp −$2046.9 bp −$469doesn't fitdoesn't fit
Sell OKX live order book, 28 min ago3.59 bp31.5 bp −$32doesn't fitdoesn'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+0.0066%4h0.02823long leg$130K$96K50x
Aster ENJUSDT+0.0100%4h0.02822−0.028%$18K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02821−0.071%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02820−0.106%$942K$545K25xas long as short
OKX ENJ-USDT-SWAPshort+0.0100%4h0.02822−0.035%$290K$380K10x
Gate ENJ_USDT+0.0100%4h0.02821−0.071%$110K$37K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02820−0.106%$1.7M$899K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02826+0.106%$395K$63K30xas long as short
Bitget ENJUSDT+0.0100%4h0.028230.000%$712K$246K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02811−0.425%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02822−0.034%$2K$19Kas long as short
Kraken Futures PF_ENJUSD+0.0101%1h0.028230.000%$24K$13K20xas long as short
Extended ENJ-USD+0.0104%1h0.02820−0.098%$113$293K5xas long as short