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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate+0.071%93s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3893.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.071%, 7d avg +0.004%
Together, before fees−0.098%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ENJ_USDT0.028150.0100pay 0.0050% / 4h5m 24s$110K$33K25x
ShortBloFin ENJ-USDT0.028170.0121get 0.0060% / 4h5m 24s$133K$60K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$4.37
Price spread: +0.071% → +0.004%
$6.71
Slippage, 4 orders
−$361.64
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$377.57
Costs to cover
3.886%
Break-even
612.5 days
Slippage from Gate: live order book, 65 min ago; BloFin: live order book, 56 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 Gate live order book, 65 min ago14.19 bp190.8 bp −$191doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago3.54 bp18.3 bp −$1845.5 bp −$455doesn'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
Aster ENJUSDT+0.0100%4h0.02818+0.121%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02821+0.213%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02819+0.156%$963K$592K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02818+0.107%$297K$444K10xas long as short
Gate ENJ_USDTlong+0.0100%4h0.02815long leg$110K$33K25x
MEXC ENJ_USDT+0.0100%4h0.02826+0.391%$2.0M$755K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02822+0.249%$403K$75K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02824+0.320%$712K$278K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02817+0.071%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02814−0.049%$19K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02817+0.086%$1K$220K5xas long as short
BloFin ENJ-USDTshort+0.0121%4h0.02817+0.071%$133K$60K50x
Kraken Futures PF_ENJUSD+0.5813%1h0.02836+0.759%$26K$8K20xas long as short