Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate−0.106%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$410as in the Funding arb table

Net, price: spread back to 7d avg − costs−$421as in the Price arb table

costs, in and out, $10k−$4104.105% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.106%, 7d avg −0.004%

Together, before fees+0.150%+$15 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 0.101% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENJ_USDT	0.02842	0.0100	pay 0.0050% / 4h	3h 05m	$110K	$33K	25x
Short	Bitget ENJUSDT	0.02839	0.0100	get 0.0050% / 4h	3h 05m	$721K	$241K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → −0.004%: −$10.14
Slippage, 4 orders: −$383.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$420.64
Costs to cover: 4.105%
Break-even: never at this rate

Slippage from Gate: live order book, 59 min ago; Bitget: live order book, 64 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 Gate live order book, 59 min ago	12.39 bp	190.6 bp −$191	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 64 min ago	7.10 bp	39.9 bp −$40	92.2 bp −$922	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	+0.0066%	4h	0.02840	−0.070%	$133K	$60K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02842	−0.004%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02839	−0.095%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02838	−0.137%	$967K	$601K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02838	−0.141%	$296K	$443K	10x	as long as short
Gate ENJ_USDTlong	+0.0100%	4h	0.02842	long leg	$110K	$33K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02840	−0.070%	$2.0M	$753K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02841	−0.035%	$398K	$73K	30x	as long as short
Bitget ENJUSDTshort	+0.0100%	4h	0.02839	−0.106%	$721K	$241K	50x
BingX ENJ-USDT	+0.0100%	4h	0.02841	−0.035%	—	$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	0.02836	−0.194%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02838	−0.130%	$278	$189K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5518%	1h	0.02860	+0.623%	$26K	$8K	20x	as long as short