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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.036%64s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.036%, 7d avg +0.010%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.026% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENJ_USDT0.027930.0100pay 0.0050% / 4h3h 06m$1.9M$852K75x
ShortBloFin ENJ-USDT0.027940.0155get 0.0078% / 4h3h 06m$131K$101K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$11.61
Price spread: +0.036% → +0.010%
$2.58
Slippage, 4 orders
−$50.97
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$52.78
Costs to cover
0.670%
Break-even
38.8 days
Slippage from MEXC: live order book, just now; BloFin: live order book, 5 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 MEXC live order book, just now1.79 bp13.7 bp −$1447.4 bp −$474153.1 bp −$15.3Kdoesn't fit
Sell BloFin live order book, 5 min ago1.79 bp16.4 bp −$1646.5 bp −$465doesn'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
Aster ENJUSDT+0.0100%4h0.02791−0.063%$17K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02792−0.038%$3.0M$3.4M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02792−0.043%$932K$550K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02794+0.036%$292K$398K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02788−0.179%$107K$36K25xas long as short
MEXC ENJ_USDTlong+0.0100%4h0.02793long leg$1.9M$852K75x
KuCoin ENJUSDTM+0.0100%4h0.02790−0.107%$393K$68K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02791−0.072%$688K$265K50xas long as short
Variational Omni ENJ+0.0100%8h0.02792−0.018%$3K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02791−0.064%$1K$216K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDTshort+0.0155%4h0.02794+0.036%$131K$101K50x
BingX ENJ-USDT+0.0200%4h0.02790−0.107%$2.4Mas long as short
Kraken Futures PF_ENJUSD+0.6179%1h0.02810+0.598%$25K$8K20xas long as short