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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against OKX−0.168%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.168%, 7d avg −0.071%
Together, before fees+0.043%+$4 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: Bybit is 0.097% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENJ-USDT-SWAP0.027940.0100pay 0.0050% / 4h13m 59s$290K$380K10x
ShortBybit ENJUSDT0.027890.0100get 0.0100% / 8h13m 59s$932K$551K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.168% → −0.071%
−$9.68
Slippage, 4 orders
−$119.1
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$149.78
Costs to cover
1.401%
Break-even
never at this rate
Slippage from OKX: live order book, 22 min ago; Bybit: live order book, 21 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, 22 min ago3.59 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 21 min ago5.39 bp41.7 bp −$42270.5 bp −$2,705doesn'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
Kraken Futures PF_ENJUSD+0.0042%1h0.02793−0.048%$24K$13K20xas long as short
BloFin ENJ-USDT+0.0069%4h0.02789−0.179%$130K$101K50xas long as short
Aster ENJUSDT+0.0100%4h0.02792−0.056%$17K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02792−0.062%$3.0M$3.6M50xas long as short
Bybit ENJUSDTshort+0.0100%8h0.02789−0.168%$932K$551K25x
OKX ENJ-USDT-SWAPlong+0.0100%4h0.02794long leg$290K$380K10x
Gate ENJ_USDT+0.0100%4h0.02789−0.179%$109K$37K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02791−0.107%$1.7M$873K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.027940.000%$392K$67K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02792−0.072%$703K$258K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02786−0.284%$2K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02791−0.108%$4K$287K5xas long as short
BingX ENJ-USDT+0.0200%4h0.02789−0.179%$2.4Mas long as short