Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bitget+0.071%75s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.071%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.054% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ENJUSDT | 0.02828 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $710K | $231K | 50x |
| Short | BloFin ENJ-USDT | 0.02830 | 0.0122 | get 0.0061% / 4h | 1h 08m | $133K | $103K | 50x |
Bitget ENJUSDT
BloFin ENJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.59
- Price spread: +0.071% → +0.017%
- $5.37
- Slippage, 4 orders
- −$51.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.11
- Costs to cover
- 0.751%
- Break-even
- 106.3 days
Slippage from Bitget: live order book, 52 min ago; BloFin: live order book, 23 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 Bitget live order book, 52 min ago | 5.30 bp | 27.0 bp −$27 | 78.1 bp −$781 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 1.77 bp | 10.2 bp −$10 | 37.8 bp −$378 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ENJUSDT | +0.0100% | 4h | 0.02831 | +0.102% | $18K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02831 | +0.089% | $3.0M | $3.5M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02828 | 0.000% | $963K | $592K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02827 | −0.035% | $294K | $448K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02830 | +0.071% | $109K | $34K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02830 | +0.071% | $2.0M | $773K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02834 | +0.212% | $398K | $70K | 30x | as long as short |
| Bitget ENJUSDTlong | +0.0100% | 4h | 0.02828 | long leg | $710K | $231K | 50x | |
| BingX ENJ-USDT | +0.0100% | 4h | 0.02829 | +0.035% | — | $2.4M | — | as long as short |
| Variational Omni ENJ | +0.0100% | 8h | 0.02833 | +0.193% | $19K | $2K | — | as long as short |
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
BingX ENJ-USDT
Variational Omni ENJShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ENJ-USD | +0.0104% | 1h | 0.02830 | +0.079% | $680 | $185K | 5x | as long as short |
| BloFin ENJ-USDTshort | +0.0122% | 4h | 0.02830 | +0.071% | $133K | $103K | 50x | |
| Kraken Futures PF_ENJUSD | +0.5298% | 1h | 0.02850 | +0.776% | $26K | $8K | 20x | as long as short |
Extended ENJ-USD
Kraken Futures PF_ENJUSD