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 +0.010%

Price spread now: BingX against OKX+0.177%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1631.633% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.435%−$44 · spread now +0.177%, 7d avg −0.021%

Together, before fees−0.363%−$36 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: BingX is 0.198% dearer against OKX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENJ-USDT-SWAP	0.02821	0.0100	pay 0.0050% / 4h	1h 36m	$294K	$434K	10x
Short	BingX ENJ-USDT	0.02826	0.0100	get 0.0050% / 4h	1h 36m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → −0.021%: $19.79
Slippage, 4 orders: −$143.29
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$143.5
Costs to cover: 1.633%
Break-even: never at this rate

Slippage from OKX: live order book, 44 min ago; BingX: live order book, 13 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 OKX live order book, 44 min ago	5.30 bp	37.0 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	26.59 bp	44.8 bp −$45	73.1 bp −$731	754.2 bp −$75.4K	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	+0.142%	$137K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02828	+0.243%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02822	+0.030%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02823	+0.085%	$963K	$581K	25x	as long as short
OKX ENJ-USDT-SWAPlong	+0.0100%	4h	0.02821	long leg	$294K	$434K	10x
Gate ENJ_USDT	+0.0100%	4h	0.02827	+0.213%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02823	+0.071%	$2.0M	$745K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02829	+0.284%	$400K	$79K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02826	+0.177%	$700K	$264K	50x	as long as short
BingX ENJ-USDTshort	+0.0100%	4h	0.02826	+0.177%	—	$2.4M	—

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	+0.361%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02822	+0.033%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5437%	1h	0.02839	+0.648%	$26K	$8K	20x	as long as short