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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0139%/8h= −15.2% APRnext payment $0.69 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX−0.036%66s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1271.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.036%, 7d avg +0.020%
Together, before fees−0.021%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.055% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENJ-USDT0.028030.0200pay 0.0100% / 4h3h 20m$2.4M
ShortBloFin ENJ-USDT0.028020.0061get 0.0031% / 4h3h 20m$132K$101K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$29.15
Price spread: −0.036% → +0.020%
−$5.55
Slippage, 4 orders
−$105.21
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$161.92
Costs to cover
1.272%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 61 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 BingX live order book, 14 min ago26.67 bp46.1 bp −$4673.3 bp −$733588.3 bp −$58.8Kdoesn't fit
Sell BloFin live order book, 61 min ago1.77 bp20.2 bp −$2053.8 bp −$538doesn't fitdoesn't fit

ENJ on 13 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
BloFin ENJ-USDTshort+0.0061%4h0.02802−0.036%$132K$101K50x
Aster ENJUSDT+0.0100%4h0.02804+0.025%$17K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02804+0.046%$3.0M$3.4M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02802−0.036%$941K$614K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02807+0.143%$292K$412K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02805+0.071%$108K$36K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02805+0.071%$1.9M$846K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02805+0.071%$395K$69K30xas long as short
Bitget ENJUSDT+0.0100%4h0.028030.000%$690K$263K50xas long as short
Variational Omni ENJ+0.0100%8h0.02799−0.142%$3K$19Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02806+0.109%$3K$155K5xas long as short
BingX ENJ-USDTlong+0.0200%4h0.02803long leg$2.4M
Kraken Futures PF_ENJUSD+0.6150%1h0.02823+0.722%$26K$8K20xas long as short