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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate−0.071%78s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3893.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.071%, 7d avg +0.004%
Together, before fees+0.045%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.075% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ENJ_USDT0.028140.0100pay 0.0050% / 4h19m 47s$109K$33K25x
ShortBloFin ENJ-USDT0.028120.0090get 0.0045% / 4h19m 47s$134K$59K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$2.14
Price spread: −0.071% → +0.004%
−$7.51
Slippage, 4 orders
−$361.64
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$398.29
Costs to cover
3.886%
Break-even
never at this rate
Slippage from Gate: live order book, 50 min ago; BloFin: live order book, 41 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 Gate live order book, 50 min ago14.19 bp190.8 bp −$191doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 41 min ago3.54 bp18.3 bp −$1845.5 bp −$455doesn'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-USDTshort+0.0090%4h0.02812−0.071%$134K$59K50x
Aster ENJUSDT+0.0100%4h0.02815+0.041%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02815+0.036%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02813−0.036%$961K$593K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.028140.000%$298K$445K10xas long as short
Gate ENJ_USDTlong+0.0100%4h0.02814long leg$109K$33K25x
MEXC ENJ_USDT+0.0100%4h0.02815+0.036%$2.0M$754K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02815+0.036%$402K$75K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02813−0.036%$709K$278K50xas long as short
BingX ENJ-USDT+0.0100%4h0.028140.000%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02813−0.049%$19K$2Kas long as short
Extended ENJ-USD+0.0104%1h0.02813−0.019%$1K$220K5xas long as short
Kraken Futures PF_ENJUSD+0.5823%1h0.02831+0.621%$26K$8K20xas long as short