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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.004%
Price spread now: BingX against Extended+0.058%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1701.699% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.058%, 7d avg +0.014%
Together, before fees−0.130%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.043% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENJ-USD0.027850.0104pay 0.0013% / 1h50m 21s$413$281K5x
ShortBingX ENJ-USDT0.027870.0200get 0.0100% / 4h1h 50m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$20.16
Price spread: +0.058% → +0.014%
$4.33
Slippage, 4 orders
−$154.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$145.36
Costs to cover
1.699%
Break-even
57.5 days
Slippage from Extended: live order book, 57 min ago; BingX: live order book, 13 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 Extended live order book, 57 min ago4.31 bp38.2 bp −$38259.7 bp −$2,597doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago26.88 bp43.9 bp −$4484.4 bp −$844doesn'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
Aster ENJUSDT+0.0100%4h0.02784−0.044%$17K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02788+0.096%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02785−0.021%$933K$553K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02789+0.129%$291K$394K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02786+0.022%$107K$35K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02786+0.022%$1.8M$853K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02788+0.093%$392K$68K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02788+0.093%$703K$274K50xas long as short
Variational Omni ENJ+0.0100%8h0.02784−0.049%$2K$20Kas long as short
Extended ENJ-USDlong+0.0104%1h0.02785long leg$413$281K5x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDT+0.0148%4h0.02785−0.014%$130K$101K50xas long as short
BingX ENJ-USDTshort+0.0200%4h0.02787+0.058%$2.4M
Kraken Futures PF_ENJUSD+0.0867%1h0.02789+0.121%$24K$13K20xas long as short