Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni+0.065%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 Bybit

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.065% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it 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	0.02831	0.0100	pay 0.0100% / 8h	6h 32m	$19K	$2K	—
Short	Bybit ENJUSDT	0.02833	0.0100	get 0.0100% / 8h	6h 32m	$967K	$595K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → 0.000%: $6.5
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$4.5
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 33 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 Bybit live order book, 33 min ago	5.29 bp	40.8 bp −$41	315.4 bp −$3,154	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 12 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	0.02836	+0.158%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02835	+0.139%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDTshort	+0.0100%	8h	0.02833	+0.065%	$967K	$595K	25x
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02833	+0.068%	$297K	$448K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02834	+0.104%	$110K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02835	+0.139%	$2.0M	$769K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02835	+0.139%	$397K	$73K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02833	+0.068%	$712K	$242K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02833	+0.068%	—	$2.4M	—	as long as short
Variational Omni ENJlong	+0.0100%	8h	0.02831	long leg	$19K	$2K	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02834	+0.108%	$2K	$186K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5593%	1h	0.02853	+0.791%	$26K	$8K	20x	as long as short