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: Bitget against Extended−0.010%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1291.295% of the position

Long on Extended Short on Bitget

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)−0.029%−$3 · spread now −0.010%, 7d avg +0.022%

Together, before fees−0.036%+ Points / potential airdropExtended: Active · farm board−$4 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: Bitget is 0.032% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02815	0.0104	pay 0.0013% / 1h	48m 10s	$276	$184K	5x
Short	Bitget ENJUSDT	0.02815	0.0100	get 0.0050% / 4h	2h 48m	$701K	$254K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$0.84
Price spread: −0.010% → +0.022%: −$3.22
Slippage, 4 orders: −$112.49
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$133.55
Costs to cover: 1.295%
Break-even: never at this rate

Slippage from Extended: live order book, 18 min ago; Bitget: live order book, 17 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, 18 min ago	4.58 bp	39.6 bp −$40	264.2 bp −$2,642	doesn't fit	doesn't fit
Sell Bitget live order book, 17 min ago	3.52 bp	31.5 bp −$32	87.9 bp −$879	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	+0.132%	$133K	$57K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02819	+0.125%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02817	+0.061%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02816	+0.026%	$960K	$605K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02818	+0.097%	$296K	$447K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02817	+0.061%	$109K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02817	+0.061%	$1.9M	$749K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02822	+0.239%	$396K	$74K	30x	as long as short
Bitget ENJUSDTshort	+0.0100%	4h	0.02815	−0.010%	$701K	$254K	50x
BingX ENJ-USDT	+0.0100%	4h	0.02819	+0.132%	—	$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	0.02816	+0.010%	$19K	$2K	—	as long as short
Extended ENJ-USDlong	+0.0104%	1h	0.02815	long leg	$276	$184K	5x
Kraken Futures PF_ENJUSD	+0.5628%	1h	0.02836	+0.724%	$26K	$8K	20x	as long as short