Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Bitget−0.072%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1481.480% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.072%, 7d avg −0.006%
=Funding pays, the price is against you. BingX is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.006%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.040% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ENJUSDT | 0.02789 | 0.0100 | pay 0.0050% / 4h | 40m 00s | $703K | $259K | 50x |
| Short | BingX ENJ-USDT | 0.02787 | 0.0200 | get 0.0100% / 4h | 40m 00s | — | $2.4M | — |
Bitget ENJUSDT
BingX ENJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $21
- Price spread: −0.072% → −0.006%
- −$6.54
- Slippage, 4 orders
- −$126.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$133.55
- Costs to cover
- 1.480%
- Break-even
- 51.5 days
Slippage from Bitget: live order book, 60 min ago; BingX: live order book, 9 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 Bitget live order book, 60 min ago | 3.60 bp | 26.7 bp −$27 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.97 bp | 30.4 bp −$30 | 65.9 bp −$659 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENJUSD | +0.0042% | 1h | 0.02790 | +0.052% | $24K | $13K | 20x | as long as short |
| Aster ENJUSDT | +0.0100% | 4h | 0.02791 | +0.061% | $17K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02788 | −0.019% | $3.0M | $3.5M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02789 | 0.000% | $933K | $556K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02792 | +0.108% | $291K | $384K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02790 | +0.036% | $109K | $37K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02788 | −0.036% | $1.8M | $862K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02792 | +0.108% | $392K | $67K | 30x | as long as short |
| Bitget ENJUSDTlong | +0.0100% | 4h | 0.02789 | long leg | $703K | $259K | 50x | |
| Variational Omni ENJ | +0.0100% | 8h | 0.02790 | +0.034% | $2K | $19K | — | as long as short |
Kraken Futures PF_ENJUSD
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
Variational Omni ENJShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ENJ-USD | +0.0104% | 1h | 0.02788 | −0.045% | $374 | $285K | 5x | as long as short |
| BloFin ENJ-USDT | +0.0158% | 4h | 0.02793 | +0.143% | $130K | $101K | 50x | as long as short |
| BingX ENJ-USDTshort | +0.0200% | 4h | 0.02787 | −0.072% | — | $2.4M | — |
Extended ENJ-USD
BloFin ENJ-USDT