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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Bybit−0.007%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1351.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.007%, 7d avg +0.062%
Together, before fees+0.020%+$2 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: Bitget is 0.069% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENJUSDT0.028300.0100pay 0.0100% / 8h6h 07m$964K$594K25x
ShortBitget ENJUSDT0.028300.0100get 0.0050% / 4h2h 07m$710K$235K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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% → +0.062%
−$6.92
Slippage, 4 orders
−$111.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$141.58
Costs to cover
1.347%
Break-even
never at this rate
Slippage from Bybit: live order book, 58 min ago; Bitget: live order book, 58 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, 58 min ago5.29 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 58 min ago3.52 bp31.5 bp −$3287.9 bp −$879doesn't fitdoesn't fit

ENJ on 12 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%4h0.02833+0.096%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02831+0.028%$3.0M$3.5M50xas long as short
Bybit ENJUSDTlong+0.0100%8h0.02830long leg$964K$594K25x
OKX ENJ-USDT-SWAP+0.0100%4h0.02832+0.064%$296K$449K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02831+0.028%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02830−0.007%$2.0M$774K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02834+0.134%$397K$72K30xas long as short
Bitget ENJUSDTshort+0.0100%4h0.02830−0.007%$710K$235K50x
BingX ENJ-USDT+0.0100%4h0.02830−0.007%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02830−0.007%$19K$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02830+0.006%$2K$182K5xas long as short
Kraken Futures PF_ENJUSD+0.5597%1h0.02851+0.745%$26K$8K20xas long as short