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+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against OKX+0.072%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.072%, 7d avg −0.019%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.090% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENJ-USDT-SWAP0.027910.0100pay 0.0050% / 4h2h 02m$292K$396K10x
ShortBingX ENJ-USDT0.027930.0200get 0.0100% / 4h2h 02m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$21
Price spread: +0.072% → −0.019%
$9.03
Slippage, 4 orders
−$137.09
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$127.06
Costs to cover
1.571%
Break-even
49.4 days
Slippage from OKX: live order book, 43 min ago; BingX: live order book, 1 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 OKX live order book, 43 min ago1.79 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago26.88 bp43.9 bp −$4484.4 bp −$844doesn'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%4h0.02791−0.008%$17K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02790−0.053%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02790−0.036%$933K$553K25xas long as short
OKX ENJ-USDT-SWAPlong+0.0100%4h0.02791long leg$292K$396K10x
Gate ENJ_USDT+0.0100%4h0.02790−0.036%$107K$35K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02790−0.036%$1.8M$856K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02794+0.107%$393K$69K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02789−0.072%$703K$269K50xas long as short
Variational Omni ENJ+0.0100%8h0.02791−0.017%$1K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02789−0.086%$413$281K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDT+0.0133%4h0.027910.000%$129K$101K50xas long as short
BingX ENJ-USDTshort+0.0200%4h0.02793+0.072%$2.4M
Kraken Futures PF_ENJUSD+0.6267%1h0.02791−0.003%$24K$13K20xas long as short