Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Extended−0.027%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Variational 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 0.027% cheaper against Extended than usual: you would sell low and buy high, −$3 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	Extended ENJ-USD	0.02817	0.0104	pay 0.0013% / 1h	0m 12s	$1K	$220K	5x
Short	Variational Omni ENJ	0.02816	0.0100	get 0.0100% / 8h	2h 00m	$19K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.027%Rate

Funding earned: −$0.84
Price spread: −0.027% → 0.000%: −$2.68
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.52
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 22 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 Extended live order book, 22 min ago	3.71 bp	32.5 bp −$33	244.6 bp −$2,446	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
Aster ENJUSDT	+0.0100%	4h	0.02818	+0.057%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02817	+0.012%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02816	−0.023%	$961K	$577K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02816	−0.023%	$295K	$430K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02820	+0.119%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02817	+0.012%	$2.0M	$808K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02820	+0.119%	$397K	$77K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02819	+0.083%	$698K	$265K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02817	+0.012%	—	$2.4M	—	as long as short
Variational Omni ENJshort	+0.0100%	8h	0.02816	−0.027%	$19K	$2K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USDlong	+0.0104%	1h	0.02817	long leg	$1K	$220K	5x
BloFin ENJ-USDT	+0.0148%	4h	0.02817	+0.012%	$138K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5434%	1h	0.02839	+0.782%	$26K	$8K	20x	as long as short