Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

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: Variational Omni against Gate−0.034%7-day average — · you buy dearer than you sell

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

Long on Gate 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 airdropVariational 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 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 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	Gate ENJ_USDT	0.02823	0.0100	pay 0.0050% / 4h	54m 00s	$109K	$34K	25x
Short	Variational Omni ENJ	0.02822	0.0100	get 0.0100% / 8h	4h 54m	$19K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → 0.000%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.42
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 61 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 Gate live order book, 61 min ago	8.83 bp	178.3 bp −$178	doesn't fit	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
Aster ENJUSDT	+0.0100%	4h	0.02826	+0.118%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02821	−0.066%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02826	+0.099%	$962K	$592K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02823	0.000%	$293K	$447K	10x	as long as short
Gate ENJ_USDTlong	+0.0100%	4h	0.02823	long leg	$109K	$34K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02822	−0.035%	$2.0M	$794K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02827	+0.142%	$397K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02822	−0.035%	$709K	$246K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02823	0.000%	—	$2.4M	—	as long as short
Variational Omni ENJshort	+0.0100%	8h	0.02822	−0.034%	$19K	$2K	—

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	+0.040%	$1K	$187K	5x	as long as short
BloFin ENJ-USDT	+0.0123%	4h	0.02818	−0.177%	$134K	$102K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5518%	1h	0.02841	+0.637%	$26K	$8K	20x	as long as short