Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended−0.190%7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1201.200% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.190%, 7d avg +0.036%

Together, before fees+0.237%+ Points / potential airdropExtended: Active · farm board+$24 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: Binance is 0.226% cheaper against Extended than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02813	0.0104	pay 0.0013% / 1h	40m 41s	$276	$184K	5x
Short	Binance ENJUSDT	0.02808	0.0100	get 0.0050% / 4h	2h 40m	$3.0M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.190%Rate

Funding earned: −$0.84
Price spread: −0.190% → +0.036%: −$22.61
Slippage, 4 orders: −$105.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$143.46
Costs to cover: 1.200%
Break-even: never at this rate

Slippage from Extended: live order book, 26 min ago; Binance: live order book, 10 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 Extended live order book, 26 min ago	4.58 bp	39.6 bp −$40	264.2 bp −$2,642	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.77 bp	23.8 bp −$24	87.0 bp −$870	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
BloFin ENJ-USDT	+0.0091%	4h	0.02819	+0.201%	$133K	$57K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02816	+0.090%	$18K	$5K	5x	as long as short
Binance ENJUSDTshort	+0.0100%	4h	0.02808	−0.190%	$3.0M	$3.5M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02809	−0.155%	$960K	$608K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02806	−0.261%	$294K	$445K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02814	+0.023%	$109K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02813	−0.013%	$1.9M	$750K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02817	+0.130%	$395K	$73K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02809	−0.155%	$707K	$259K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02818	+0.165%	—	$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 ENJ	+0.0100%	8h	0.02812	−0.046%	$19K	$2K	—	as long as short
Extended ENJ-USDlong	+0.0104%	1h	0.02813	long leg	$276	$184K	5x
Kraken Futures PF_ENJUSD	+0.5636%	1h	0.02832	+0.649%	$26K	$8K	20x	as long as short