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: Gate against Binance+0.093%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$399as in the Funding arb table

Net, price: spread back to 7d avg − costs−$390as in the Price arb table

costs, in and out, $10k−$3993.994% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.093%, 7d avg −0.004%

Together, before fees−0.218%−$22 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: Gate is 0.098% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENJUSDT	0.02784	0.0100	pay 0.0050% / 4h	1h 54m	$3.0M	$3.5M	50x
Short	Gate ENJ_USDT	0.02787	0.0100	get 0.0050% / 4h	1h 54m	$107K	$35K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → −0.004%: $9.77
Slippage, 4 orders: −$374.37
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$389.6
Costs to cover: 3.994%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Gate: live order book, 45 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 Binance live order book, 11 min ago	1.79 bp	19.6 bp −$20	72.6 bp −$726	doesn't fit	doesn't fit
Sell Gate live order book, 45 min ago	10.84 bp	201.5 bp −$201	doesn't fit	doesn't fit	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	0.02783	−0.050%	$130K	$101K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02788	+0.117%	$17K	$5K	5x	as long as short
Binance ENJUSDTlong	+0.0100%	4h	0.02784	long leg	$3.0M	$3.5M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02785	+0.021%	$932K	$553K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02785	+0.021%	$291K	$394K	10x	as long as short
Gate ENJ_USDTshort	+0.0100%	4h	0.02787	+0.093%	$107K	$35K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02786	+0.057%	$1.8M	$853K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02789	+0.165%	$392K	$69K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02788	+0.129%	$703K	$274K	50x	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02785	+0.022%	$2K	$20K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02785	+0.032%	$413	$281K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02788	+0.129%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.0867%	1h	0.02789	+0.158%	$24K	$13K	20x	as long as short