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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.026%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.026%, 7d avg −0.005%
Together, before fees−0.009%−$1 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: OKX is 0.031% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ENJUSDT0.028310.0100pay 0.0050% / 4h2h 15m$3.0M$3.5M50x
ShortOKX ENJ-USDT-SWAP0.028320.0100get 0.0050% / 4h2h 15m$296K$449K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: +0.026% → −0.005%
$3.13
Slippage, 4 orders
−$88.26
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$105.13
Costs to cover
1.083%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 50 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 Binance live order book, 6 min ago1.76 bp24.1 bp −$2472.0 bp −$720doesn't fitdoesn't fit
Sell OKX live order book, 50 min ago1.76 bp33.5 bp −$33doesn't fitdoesn't fitdoesn't fit

ENJ on 12 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%4h0.02833+0.063%$18K$5K5xas long as short
Binance ENJUSDTlong+0.0100%4h0.02831long leg$3.0M$3.5M50x
Bybit ENJUSDT+0.0100%8h0.02830−0.037%$964K$595K25xas long as short
OKX ENJ-USDT-SWAPshort+0.0100%4h0.02832+0.026%$296K$449K10x
Gate ENJ_USDT+0.0100%4h0.02831−0.009%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02832+0.026%$2.0M$770K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02834+0.097%$397K$73K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02832+0.026%$711K$239K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02832+0.026%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02830−0.045%$19K$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02831−0.009%$2K$182K5xas long as short
Kraken Futures PF_ENJUSD+0.5596%1h0.02852+0.739%$26K$8K20xas long as short