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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: BingX against Bybit−0.007%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1691.695% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.007%, 7d avg +0.052%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.059% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENJUSDT0.028260.0100pay 0.0100% / 8h3m 38s$965K$592K25x
ShortBingX ENJ-USDT0.028260.0100get 0.0050% / 4h3m 38s$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: −0.007% → +0.052%
−$5.92
Slippage, 4 orders
−$148.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$175.38
Costs to cover
1.695%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 min ago; BingX: live order book, 5 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 Bybit live order book, 7 min ago1.78 bp42.1 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago26.62 bp46.1 bp −$4679.3 bp −$793558.0 bp −$55.8K1216.8 bp −$608.4K

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
Aster ENJUSDT+0.0100%4h0.02829+0.096%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02828+0.064%$3.0M$3.5M50xas long as short
Bybit ENJUSDTlong+0.0100%8h0.02826long leg$965K$592K25x
OKX ENJ-USDT-SWAP+0.0100%4h0.02824−0.078%$298K$445K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02828+0.064%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02829+0.099%$2.0M$755K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02829+0.099%$396K$77K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02827+0.028%$712K$272K50xas long as short
BingX ENJ-USDTshort+0.0100%4h0.02826−0.007%$2.4M
Variational Omni ENJ+0.0100%8h0.02814−0.445%$19K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02827+0.044%$1K$220K5xas long as short
BloFin ENJ-USDT+0.0123%4h0.02815−0.396%$133K$60K50xas long as short
Kraken Futures PF_ENJUSD+0.5790%1h0.02847+0.747%$26K$8K20xas long as short