Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h 0.000%

Price spread now: Extended against BloFin+0.125%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1141.141% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.125%, 7d avg −0.041%

Together, before fees−0.120%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.166% dearer against BloFin than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of −0.041%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENJ-USDT	0.02825	0.0123	pay 0.0061% / 4h	1h 44m	$138K	$61K	50x
Short	Extended ENJ-USD	0.02829	0.0104	get 0.0013% / 1h	44m 44s	$1K	$220K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpFee ExtendedbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$3.9
Price spread: +0.125% → −0.041%: $16.59
Slippage, 4 orders: −$97.06
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$101.37
Costs to cover: 1.141%
Break-even: never at this rate

Slippage from BloFin: live order book, 29 min ago; Extended: live order book, 37 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 BloFin live order book, 29 min ago	1.77 bp	27.4 bp −$27	63.2 bp −$632	doesn't fit	doesn't fit
Sell Extended live order book, 37 min ago	3.71 bp	43.3 bp −$43	280.5 bp −$2,805	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	0.02828	+0.096%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02829	+0.145%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02828	+0.099%	$965K	$579K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02828	+0.106%	$295K	$433K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02826	+0.035%	$110K	$31K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02828	+0.106%	$2.0M	$745K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02832	+0.248%	$401K	$78K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02828	+0.106%	$700K	$264K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02828	+0.106%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02819	−0.222%	$19K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USDshort	+0.0104%	1h	0.02829	+0.125%	$1K	$220K	5x
BloFin ENJ-USDTlong	+0.0123%	4h	0.02825	long leg	$138K	$61K	50x
Kraken Futures PF_ENJUSD	+0.5427%	1h	0.02845	+0.698%	$26K	$8K	20x	as long as short