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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.113%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1411.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.113%, 7d avg −0.037%
Together, before fees+0.047%+ Points / potential airdropExtended: Active · farm board+$5 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: Bybit is 0.077% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENJ-USD0.027920.0104pay 0.0013% / 1h27m 18s$4K$292K5x
ShortBybit ENJUSDT0.027890.0100get 0.0100% / 8h7h 27m$931K$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$0.84
Price spread: −0.113% → −0.037%
−$7.65
Slippage, 4 orders
−$125.2
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$149.7
Costs to cover
1.412%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Bybit: live order book, 3 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, 5 min ago4.13 bp35.4 bp −$35248.9 bp −$2,489doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.59 bp40.1 bp −$40629.8 bp −$6,298doesn'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
BloFin ENJ-USDT+0.0086%4h0.02790−0.077%$130K$101K50xas long as short
Aster ENJUSDT+0.0100%4h0.02790−0.066%$17K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02793+0.028%$3.0M$3.6M50xas long as short
Bybit ENJUSDTshort+0.0100%8h0.02789−0.113%$931K$557K25x
OKX ENJ-USDT-SWAP+0.0100%4h0.02794+0.066%$286K$384K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02792−0.006%$109K$37K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02793+0.030%$1.7M$890K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02796+0.138%$392K$63K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02793+0.030%$704K$253K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02791−0.042%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02787−0.201%$2K$19Kas long as short
Kraken Futures PF_ENJUSD+0.0102%1h0.02794+0.061%$24K$13K20xas long as short
Extended ENJ-USDlong+0.0104%1h0.02792long leg$4K$292K5x