Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Gate+0.106%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$559as in the Funding arb table

Net, price: spread back to 7d avg − costs−$546as in the Price arb table

costs, in and out, $10k−$5565.559% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.106%, 7d avg +0.006%

Together, before fees+0.047%+$5 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: OKX is 0.100% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENJ_USDT	0.02824	0.0100	pay 0.0050% / 4h	2h 32m	$110K	$32K	25x
Short	OKX ENJ-USDT-SWAP	0.02827	0.0100	get 0.0050% / 4h	2h 32m	$297K	$430K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → +0.006%: $9.97
Slippage, 4 orders: −$530.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$545.91
Costs to cover: 5.559%
Break-even: never at this rate

Slippage from Gate: live order book, 50 min ago; OKX: live order book, 53 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 Gate live order book, 50 min ago	35.44 bp	268.8 bp −$269	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 53 min ago	5.32 bp	33.5 bp −$33	doesn't fit	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
Aster ENJUSDT	+0.0100%	4h	0.02824	+0.010%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02824	−0.003%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02822	−0.078%	$961K	$576K	25x	as long as short
OKX ENJ-USDT-SWAPshort	+0.0100%	4h	0.02827	+0.106%	$297K	$430K	10x
Gate ENJ_USDTlong	+0.0100%	4h	0.02824	long leg	$110K	$32K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02824	0.000%	$2.0M	$804K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02826	+0.071%	$398K	$78K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02824	0.000%	$699K	$265K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02824	0.000%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02818	−0.198%	$19K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02824	−0.004%	$1K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0157%	4h	0.02827	+0.106%	$138K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5421%	1h	0.02846	+0.772%	$26K	$8K	20x	as long as short