Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h 0.000%

Price spread now: BloFin against Extended−0.051%7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1111.109% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.051%, 7d avg +0.040%

Together, before fees+0.068%+ Points / potential airdropExtended: Active · farm board+$7 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 BloFin is 0.091% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02830	0.0104	pay 0.0013% / 1h	0m 55s	$1K	$220K	5x
Short	BloFin ENJ-USDT	0.02829	0.0061	get 0.0031% / 4h	0m 55s	$134K	$60K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$9
Price spread: −0.051% → +0.040%: −$9.11
Slippage, 4 orders: −$93.89
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$129
Costs to cover: 1.109%
Break-even: never at this rate

Slippage from Extended: live order book, 11 min ago; BloFin: live order book, 60 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 Extended live order book, 11 min ago	4.80 bp	40.2 bp −$40	257.7 bp −$2,577	doesn't fit	doesn't fit
Sell BloFin live order book, 60 min ago	3.54 bp	18.3 bp −$18	45.5 bp −$455	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-USDTshort	+0.0061%	4h	0.02829	−0.051%	$134K	$60K	50x
Aster ENJUSDT	+0.0100%	4h	0.02831	+0.010%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02832	+0.062%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02829	−0.051%	$966K	$592K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02830	−0.015%	$298K	$447K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02830	−0.015%	$110K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02832	+0.055%	$2.0M	$757K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02830	−0.015%	$404K	$76K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02829	−0.051%	$714K	$266K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02831	+0.020%	—	$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	0.02826	−0.152%	$19K	$2K	—	as long as short
Extended ENJ-USDlong	+0.0104%	1h	0.02830	long leg	$1K	$220K	5x
Kraken Futures PF_ENJUSD	+0.5784%	1h	0.02850	+0.700%	$26K	$8K	20x	as long as short