Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.036%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$392as in the Funding arb table

Net, price: spread back to 7d avg − costs−$389as in the Price arb table

costs, in and out, $10k−$3923.921% of the position

Long on MEXC Short on Gate

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)−0.147%−$15 · spread now +0.036%, 7d avg +0.005%

Together, before fees−0.147%−$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: Gate is 0.031% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENJ_USDT	0.02785	0.0100	pay 0.0050% / 4h	1h 48m	$1.8M	$864K	75x
Short	Gate ENJ_USDT	0.02786	0.0100	get 0.0050% / 4h	1h 48m	$106K	$37K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → +0.005%: $3.06
Slippage, 4 orders: −$373.07
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$389.01
Costs to cover: 3.921%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; Gate: live order book, 56 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 MEXC live order book, 6 min ago	1.79 bp	13.1 bp −$13	44.8 bp −$448	144.4 bp −$14.4K	doesn't fit
Sell Gate live order book, 56 min ago	14.25 bp	190.5 bp −$191	doesn't fit	doesn't fit	doesn't fit

ENJ on 13 exchanges

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
Kraken Futures PF_ENJUSD	−0.0495%	1h	0.02788	+0.098%	$22K	$15K	20x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02786	+0.050%	$17K	$8K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02786	+0.018%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02784	−0.036%	$915K	$534K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02785	0.000%	$285K	$362K	10x	as long as short
Gate ENJ_USDTshort	+0.0100%	4h	0.02786	+0.036%	$106K	$37K	25x
MEXC ENJ_USDTlong	+0.0100%	4h	0.02785	long leg	$1.8M	$864K	75x
KuCoin ENJUSDTM	+0.0100%	4h	0.02787	+0.072%	$413K	$62K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02786	+0.036%	$702K	$231K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02785	0.000%	—	$2.4M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02782	−0.115%	$2K	$19K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02785	+0.003%	$22	$291K	5x	as long as short
BloFin ENJ-USDT	+0.0139%	4h	0.02786	+0.036%	$129K	$94K	50x	as long as short