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: Binance against MEXC+0.035%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$700.705% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.035%, 7d avg +0.007%

Together, before fees−0.029%−$3 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: Binance is 0.029% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENJ_USDT	0.02824	0.0100	pay 0.0050% / 4h	2h 29m	$2.0M	$805K	75x
Short	Binance ENJUSDT	0.02825	0.0100	get 0.0050% / 4h	2h 29m	$3.1M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.007%: $2.85
Slippage, 4 orders: −$56.49
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$67.64
Costs to cover: 0.705%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 7 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 MEXC live order book, 3 min ago	1.77 bp	12.0 bp −$12	51.4 bp −$514	155.2 bp −$15.5K	doesn't fit
Sell Binance live order book, 7 min ago	1.77 bp	19.3 bp −$19	69.8 bp −$698	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	0.02826	+0.056%	$18K	$3K	5x	as long as short
Binance ENJUSDTshort	+0.0100%	4h	0.02825	+0.035%	$3.1M	$3.2M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02822	−0.089%	$961K	$576K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02827	+0.106%	$297K	$430K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02824	0.000%	$110K	$32K	25x	as long as short
MEXC ENJ_USDTlong	+0.0100%	4h	0.02824	long leg	$2.0M	$805K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02824	0.000%	$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	0.02822	−0.075%	$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	0.02825	+0.024%	$1K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0106%	4h	0.02825	+0.035%	$138K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5424%	1h	0.02844	+0.709%	$26K	$8K	20x	as long as short