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: Variational Omni against Bybit−0.050%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.050% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENJUSDT	0.02815	0.0100	pay 0.0100% / 8h	4h 18m	$951K	$623K	25x
Short	Variational Omni ENJ	0.02813	0.0100	get 0.0100% / 8h	4h 18m	$3K	$18K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → 0.000%: −$5.05
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.05
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 37 min ago; Variational Omni: no order-book sample. Net counts fees only.

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 Bybit live order book, 37 min ago	5.31 bp	38.0 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0093%	4h	0.02816	+0.039%	$133K	$102K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02818	+0.117%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02815	+0.004%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDTlong	+0.0100%	8h	0.02815	long leg	$951K	$623K	25x
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02816	+0.039%	$293K	$454K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02817	+0.075%	$109K	$34K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02815	+0.004%	$2.0M	$842K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02819	+0.146%	$397K	$71K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02815	+0.004%	$694K	$278K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02816	+0.039%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJshort	+0.0100%	8h	0.02813	−0.050%	$3K	$18K	—
Extended ENJ-USD	+0.0104%	1h	0.02814	−0.039%	$2K	$189K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5530%	1h	0.02835	+0.713%	$26K	$8K	20x	as long as short