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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against BingX+0.462%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.462%−$46 · spread now +0.462%, 7d avg +0.010%
Together, before fees−0.507%−$51 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: Bitget is 0.453% dearer against BingX than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENJ-USDT0.028110.0100pay 0.0050% / 4h3h 03m$2.4M
ShortBitget ENJUSDT0.028240.0100get 0.0050% / 4h3h 03m$713K$247K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.462% → +0.010%
$45.26
Slippage, 4 orders
−$120.09
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$96.83
Costs to cover
1.421%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 27 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 BingX live order book, 5 min ago1.78 bp73.0 bp −$73107.4 bp −$1,074580.4 bp −$58.0K1014.7 bp −$507.3K
Sell Bitget live order book, 27 min ago7.17 bp36.8 bp −$3789.6 bp −$896doesn'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
BloFin ENJ-USDT+0.0043%4h0.02821+0.356%$129K$96K50xas long as short
Aster ENJUSDT+0.0100%4h0.02823+0.428%$18K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02821+0.373%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02820+0.334%$942K$545K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02821+0.356%$290K$381K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02820+0.320%$110K$37K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02821+0.356%$1.7M$896K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02822+0.391%$395K$63K30xas long as short
Bitget ENJUSDTshort+0.0100%4h0.02824+0.462%$713K$247K50x
BingX ENJ-USDTlong+0.0100%4h0.02811long leg$2.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02822+0.393%$2K$19Kas long as short
Kraken Futures PF_ENJUSD+0.0101%1h0.02823+0.418%$24K$13K20xas long as short
Extended ENJ-USD+0.0104%1h0.02821+0.340%$113$293K5xas long as short