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: Gate against MEXC+0.106%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$602as in the Funding arb table

Net, price: spread back to 7d avg − costs−$591as in the Price arb table

costs, in and out, $10k−$6026.018% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.106%, 7d avg −0.003%

Together, before fees−0.214%−$21 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: Gate is 0.109% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.003%.

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	1h 37m	$2.0M	$745K	75x
Short	Gate ENJ_USDT	0.02827	0.0100	get 0.0050% / 4h	1h 37m	$110K	$32K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → −0.003%: $10.9
Slippage, 4 orders: −$582.78
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$590.87
Costs to cover: 6.018%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 38 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, 5 min ago	3.53 bp	15.1 bp −$15	47.6 bp −$476	152.5 bp −$15.3K	doesn't fit
Sell Gate live order book, 38 min ago	45.87 bp	260.8 bp −$261	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
BloFin ENJ-USDT	+0.0071%	4h	0.02825	+0.035%	$137K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02828	+0.155%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02824	−0.012%	$3.1M	$3.3M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02825	+0.035%	$963K	$581K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02825	+0.035%	$294K	$434K	10x	as long as short
Gate ENJ_USDTshort	+0.0100%	4h	0.02827	+0.106%	$110K	$32K	25x
MEXC ENJ_USDTlong	+0.0100%	4h	0.02824	long leg	$2.0M	$745K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02829	+0.177%	$401K	$78K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02826	+0.071%	$700K	$264K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02828	+0.142%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02831	+0.254%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02823	−0.031%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5426%	1h	0.02845	+0.739%	$26K	$8K	20x	as long as short