Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against Variational Omni+0.053%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 MEXC

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: MEXC is 0.053% dearer against Variational Omni than usual: you sell high and buy low, +$5 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	0.02812	0.0100	pay 0.0100% / 8h	4h 48m	$19K	$2K	—
Short	MEXC ENJ_USDT	0.02813	0.0100	get 0.0050% / 4h	48m 18s	$2.0M	$794K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → 0.000%: $5.31
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: $1.31
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago	3.56 bp	15.0 bp −$15	53.4 bp −$534	161.5 bp −$16.2K	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
BloFin ENJ-USDT	+0.0085%	4h	0.02812	+0.018%	$133K	$102K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02812	+0.026%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02813	+0.053%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02813	+0.053%	$957K	$594K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02814	+0.089%	$292K	$445K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02815	+0.124%	$108K	$34K	25x	as long as short
MEXC ENJ_USDTshort	+0.0100%	4h	0.02813	+0.053%	$2.0M	$794K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02814	+0.089%	$395K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02814	+0.089%	$718K	$253K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02813	+0.053%	—	$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 ENJlong	+0.0100%	8h	0.02812	long leg	$19K	$2K	—
Extended ENJ-USD	+0.0104%	1h	0.02812	+0.027%	$1K	$187K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5539%	1h	0.02830	+0.673%	$26K	$8K	20x	as long as short