Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0014%/8hnext payment +$0.07 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against Bitget+0.071%175s7-day average +0.015% · you sell dearer than you buy

to open and close $10k−$99fees + slippage, both legs, in and out

costs, in % of the position0.990%what the two incomes have to cover

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.071%, 7d avg +0.015%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 175 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENJUSDT	0.02806	0.0100	pay 0.0050% / 4h	40m 12s	$693K	$255K	50x
Short	BloFin ENJ-USDT	0.02808	0.0114	get 0.0057% / 4h	40m 12s	$140K	$64K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.071%Rate

Funding earned: $2.93
Price spread: +0.071% → +0.015%: $5.61
Slippage, 4 orders: −$75.03
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$90.49
Costs to cover: 0.990%
Break-even: 223.1 days

Slippage from Bitget: live order book, 9 min ago; BloFin: live order book, 5 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, 9 min ago	5.37 bp	29.5 bp −$30	93.8 bp −$938	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	3.57 bp	19.4 bp −$19	59.5 bp −$595	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
Aster ENJUSDT	+0.0100%	4h	0.02807	+0.020%	$17K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02803	−0.095%	$3.0M	$3.1M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02802	−0.157%	$945K	$551K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02803	−0.107%	$294K	$416K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02805	−0.036%	$111K	$30K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02804	−0.071%	$1.8M	$695K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02807	+0.036%	$391K	$74K	30x	as long as short
Bitget ENJUSDTlong	+0.0100%	4h	0.02806	long leg	$693K	$255K	50x
BingX ENJ-USDT	+0.0100%	4h	0.02798	−0.285%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02803	−0.111%	$19K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02803	−0.108%	$1K	$220K	5x	as long as short
BloFin ENJ-USDTshort	+0.0114%	4h	0.02808	+0.071%	$140K	$64K	50x
Kraken Futures PF_ENJUSD	+0.5399%	1h	0.02827	+0.734%	$25K	$14K	20x	as long as short