Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against Binance+0.137%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.137%, 7d avg −0.026%

Together, before fees−0.064%−$6 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: BingX is 0.164% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENJUSDT	0.02818	0.0100	pay 0.0050% / 4h	2h 43m	$3.0M	$3.5M	50x
Short	BingX ENJ-USDT	0.02822	0.0100	get 0.0050% / 4h	2h 43m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.137%Rate

Funding earned: $0
Price spread: +0.137% → −0.026%: $16.36
Slippage, 4 orders: −$114.71
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$118.35
Costs to cover: 1.347%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; BingX: live order book, 6 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 Binance live order book, 8 min ago	1.77 bp	19.2 bp −$19	70.5 bp −$705	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	26.61 bp	47.9 bp −$48	79.2 bp −$792	630.7 bp −$63.1K	doesn't fit

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
BloFin ENJ-USDT	+0.0091%	4h	0.02819	+0.031%	$133K	$57K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02824	+0.204%	$18K	$5K	5x	as long as short
Binance ENJUSDTlong	+0.0100%	4h	0.02818	long leg	$3.0M	$3.5M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02818	−0.001%	$960K	$605K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02815	−0.111%	$297K	$448K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02825	+0.244%	$109K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02822	+0.137%	$1.9M	$750K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02824	+0.208%	$396K	$73K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02822	+0.137%	$710K	$261K	50x	as long as short
BingX ENJ-USDTshort	+0.0100%	4h	0.02822	+0.137%	—	$2.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02813	−0.180%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02823	+0.181%	$276	$184K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5618%	1h	0.02841	+0.805%	$26K	$8K	20x	as long as short