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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.215%64s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.544% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.215%, 7d avg +0.012%
Together, before fees−0.196%−$20 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: BloFin is 0.204% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENJ_USDT0.027870.0100pay 0.0050% / 4h38m 11s$1.8M$862K75x
ShortBloFin ENJ-USDT0.027930.0101get 0.0051% / 4h38m 11s$129K$101K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$0.27
Price spread: +0.215% → +0.012%
$20.35
Slippage, 4 orders
−$38.36
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.74
Costs to cover
0.544%
Break-even
872.4 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 23 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 MEXC live order book, 3 min ago1.79 bp11.8 bp −$1233.3 bp −$333140.4 bp −$14.0Kdoesn't fit
Sell BloFin live order book, 23 min ago1.80 bp10.8 bp −$1142.1 bp −$421doesn'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
Kraken Futures PF_ENJUSD+0.0042%1h0.02790+0.098%$24K$13K20xas long as short
Aster ENJUSDT+0.0100%4h0.02789+0.074%$17K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02787+0.010%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02786−0.032%$932K$557K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02789+0.072%$290K$384K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02790+0.108%$109K$37K25xas long as short
MEXC ENJ_USDTlong+0.0100%4h0.02787long leg$1.8M$862K75x
KuCoin ENJUSDTM+0.0100%4h0.02791+0.144%$392K$67K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02786−0.036%$702K$256K50xas long as short
Variational Omni ENJ+0.0100%8h0.02790+0.106%$2K$19Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDTshort+0.0101%4h0.02793+0.215%$129K$101K50x
Extended ENJ-USD+0.0104%1h0.02787−0.002%$374$283K5xas long as short
BingX ENJ-USDT+0.0200%4h0.02785−0.072%$2.4Mas long as short