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+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against OKX+0.106%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$940.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 3 days (all we have)−0.143%−$14 · spread now +0.106%, 7d avg +0.015%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.092% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENJ-USDT-SWAP0.028180.0100pay 0.0050% / 4h38m 35s$298K$444K10x
ShortBloFin ENJ-USDT0.028210.0129get 0.0065% / 4h38m 35s$135K$61K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.17
Price spread: +0.106% → +0.015%
$9.16
Slippage, 4 orders
−$72.01
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$78.69
Costs to cover
0.940%
Break-even
96.3 days
Slippage from OKX: live order book, 37 min ago; BloFin: live order book, 22 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, 37 min ago3.55 bp33.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 22 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
Aster ENJUSDT+0.0100%4h0.02821+0.098%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02816−0.055%$3.0M$3.4M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02816−0.071%$962K$593K25xas long as short
OKX ENJ-USDT-SWAPlong+0.0100%4h0.02818long leg$298K$444K10x
Gate ENJ_USDT+0.0100%4h0.02820+0.071%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.028180.000%$2.0M$751K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02824+0.213%$403K$75K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02819+0.035%$710K$277K50xas long as short
BingX ENJ-USDT+0.0100%4h0.028180.000%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02818+0.005%$19K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02817−0.024%$1K$220K5xas long as short
BloFin ENJ-USDTshort+0.0129%4h0.02821+0.106%$135K$61K50x
Kraken Futures PF_ENJUSD+0.5805%1h0.02840+0.783%$26K$8K20xas long as short