Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX+0.106%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.106%, 7d avg +0.024%
=The price spread pays, funding is against you. BloFin is 0.082% dearer against BingX than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.024%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ENJ-USDT | 0.02833 | 0.0100 | pay 0.0050% / 4h | 3h 29m | — | $2.4M | — |
| Short | BloFin ENJ-USDT | 0.02836 | 0.0080 | get 0.0040% / 4h | 3h 29m | $133K | $60K | 50x |
BingX ENJ-USDT
BloFin ENJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.21
- Price spread: +0.106% → +0.024%
- $8.23
- Slippage, 4 orders
- −$97.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.28
- Costs to cover
- 1.193%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 27 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 BingX live order book, 5 min ago | 26.51 bp | 44.4 bp −$44 | 73.6 bp −$736 | 828.2 bp −$82.8K | doesn't fit |
| Sell BloFin live order book, 27 min ago | 1.77 bp | 11.0 bp −$11 | 41.2 bp −$412 | doesn't fit | 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-USDTshort | +0.0080% | 4h | 0.02836 | +0.106% | $133K | $60K | 50x | |
| Aster ENJUSDT | +0.0100% | 4h | 0.02834 | +0.025% | $18K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02833 | 0.000% | $3.0M | $3.5M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02832 | −0.035% | $969K | $596K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02834 | +0.035% | $295K | $443K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02834 | +0.035% | $110K | $32K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02833 | 0.000% | $2.0M | $748K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02833 | 0.000% | $397K | $76K | 30x | as long as short |
| Bitget ENJUSDT | +0.0100% | 4h | 0.02832 | −0.035% | $713K | $250K | 50x | as long as short |
| BingX ENJ-USDTlong | +0.0100% | 4h | 0.02833 | long leg | — | $2.4M | — |
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
Bitget ENJUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENJ | +0.0100% | 8h | 0.02832 | −0.051% | $19K | $2K | — | as long as short |
| Extended ENJ-USD | +0.0104% | 1h | 0.02832 | −0.023% | $4K | $220K | 5x | as long as short |
| Kraken Futures PF_ENJUSD | +0.5533% | 1h | 0.02852 | +0.670% | $26K | $8K | 20x | as long as short |
Variational Omni ENJ
Extended ENJ-USD
Kraken Futures PF_ENJUSD