Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Extended+0.097%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.097% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02824	0.0104	pay 0.0013% / 1h	53m 30s	$1K	$220K	5x
Short	Variational Omni ENJ	0.02826	0.0100	get 0.0100% / 8h	1h 53m	$19K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.097%Rate

Funding earned: −$0.84
Price spread: +0.097% → 0.000%: $9.7
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $3.86
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 28 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 28 min ago	3.71 bp	32.5 bp −$33	244.6 bp −$2,446	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDT	+0.0058%	4h	0.02828	+0.159%	$138K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02826	+0.091%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02823	−0.007%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02824	+0.017%	$964K	$584K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02823	−0.018%	$295K	$431K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02823	−0.018%	$110K	$31K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02825	+0.052%	$2.0M	$744K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02827	+0.123%	$400K	$78K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02824	+0.017%	$699K	$264K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02825	+0.052%	—	$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 ENJshort	+0.0100%	8h	0.02826	+0.097%	$19K	$2K	—
Extended ENJ-USDlong	+0.0104%	1h	0.02824	long leg	$1K	$220K	5x
Kraken Futures PF_ENJUSD	+0.5427%	1h	0.02845	+0.745%	$26K	$8K	20x	as long as short