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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against OKX+0.213%73s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.093% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 3 days (all we have)−0.298%−$30 · spread now +0.213%, 7d avg +0.016%
Together, before fees−0.274%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.198% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENJ-USDT-SWAP0.028150.0100pay 0.0050% / 4h1h 30m$293K$434K10x
ShortBloFin ENJ-USDT0.028210.0127get 0.0064% / 4h1h 30m$137K$61K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$5.67
Price spread: +0.213% → +0.016%
$19.76
Slippage, 4 orders
−$87.28
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$83.84
Costs to cover
1.093%
Break-even
110.4 days
Slippage from OKX: live order book, 51 min ago; BloFin: live order book, 43 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 OKX live order book, 51 min ago5.30 bp37.0 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 43 min ago1.77 bp10.8 bp −$1133.1 bp −$331doesn'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
Aster ENJUSDT+0.0100%4h0.02819+0.133%$18K$3K5xas long as short
Binance ENJUSDT+0.0100%4h0.02819+0.142%$3.1M$3.3M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02817+0.071%$960K$582K25xas long as short
OKX ENJ-USDT-SWAPlong+0.0100%4h0.02815long leg$293K$434K10x
Gate ENJ_USDT+0.0100%4h0.02821+0.213%$110K$32K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02817+0.071%$2.0M$746K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02819+0.142%$398K$79K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02818+0.107%$698K$264K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02818+0.107%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02816+0.041%$19K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02818+0.123%$1K$220K5xas long as short
BloFin ENJ-USDTshort+0.0127%4h0.02821+0.213%$137K$61K50x
Kraken Futures PF_ENJUSD+0.5442%1h0.02837+0.774%$26K$8K20xas long as short