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% APRpaid last 24h +0.010%

Price spread now: BingX against Variational Omni−0.141%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.141% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ENJ	0.02818	0.0100	pay 0.0100% / 8h	6h 57m	$2K	$19K	—
Short	BingX ENJ-USDT	0.02814	0.0100	get 0.0050% / 4h	2h 57m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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 Variational OmnibpFee BingXbpOrdersPrice spread, now −0.141%Rate

Funding earned: $0
Price spread: −0.141% → 0.000%: −$14.12
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$24.12
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 11 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell BingX live order book, 11 min ago	1.78 bp	12.9 bp −$13	54.7 bp −$547	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENJ on 13 venues

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	−0.0326%	1h	0.02824	+0.229%	$24K	$13K	20x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02824	+0.198%	$18K	$8K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02821	+0.107%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02818	+0.001%	$940K	$541K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02821	+0.107%	$290K	$376K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02822	+0.143%	$110K	$37K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02823	+0.178%	$1.7M	$854K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02825	+0.249%	$395K	$61K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02821	+0.107%	$711K	$244K	50x	as long as short
BingX ENJ-USDTshort	+0.0100%	4h	0.02814	−0.141%	—	$2.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJlong	+0.0100%	8h	0.02818	long leg	$2K	$19K	—
Extended ENJ-USD	+0.0104%	1h	0.02821	+0.115%	$113	$288K	5x	as long as short
BloFin ENJ-USDT	+0.0113%	4h	0.02821	+0.107%	$130K	$96K	50x	as long as short