Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.3% APRpaid last 24h +0.001%

Price spread now: BloFin against Variational Omni+0.305%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.305% dearer against Variational Omni than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ENJ	0.02818	0.0100	pay 0.0100% / 8h	2h 32m	$19K	$2K	—
Short	BloFin ENJ-USDT	0.02827	0.0157	get 0.0079% / 4h	2h 32m	$138K	$61K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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 Variational OmnibpFee BloFinbpOrdersPrice spread, now +0.305%Rate

Funding earned: $12.06
Price spread: +0.305% → 0.000%: $30.51
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $30.57
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 48 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell BloFin live order book, 48 min ago	7.09 bp	16.0 bp −$16	51.6 bp −$516	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.02824	+0.213%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02824	+0.201%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02822	+0.142%	$961K	$576K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02827	+0.305%	$297K	$430K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02824	+0.199%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02824	+0.199%	$2.0M	$804K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02826	+0.270%	$398K	$78K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02824	+0.199%	$699K	$265K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02824	+0.199%	—	$2.4M	—	as long as short
Variational Omni ENJlong	+0.0100%	8h	0.02818	long leg	$19K	$2K	—

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	+0.218%	$1K	$220K	5x	as long as short
BloFin ENJ-USDTshort	+0.0157%	4h	0.02827	+0.305%	$138K	$61K	50x
Kraken Futures PF_ENJUSD	+0.5421%	1h	0.02846	+0.972%	$26K	$8K	20x	as long as short