Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bitget+0.042%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1221.220% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.042%, 7d avg −0.022%

Together, before fees+0.028%+ Points / potential airdropExtended: Active · farm board+$3 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: Extended is 0.064% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENJUSDT	0.02790	0.0100	pay 0.0050% / 4h	2h 52m	$687K	$263K	50x
Short	Extended ENJ-USD	0.02791	0.0104	get 0.0013% / 1h	52m 38s	$2K	$276K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0.84
Price spread: +0.042% → −0.022%: $6.4
Slippage, 4 orders: −$105.03
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$114.79
Costs to cover: 1.220%
Break-even: 963.5 days

Slippage from Bitget: live order book, 58 min ago; Extended: live order book, 59 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, 58 min ago	1.77 bp	23.7 bp −$24	82.0 bp −$820	doesn't fit	doesn't fit
Sell Extended live order book, 59 min ago	3.54 bp	39.4 bp −$39	273.7 bp −$2,737	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	0.02792	+0.055%	$17K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02792	+0.069%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02787	−0.093%	$936K	$539K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02793	+0.108%	$292K	$394K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02788	−0.072%	$108K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02792	+0.072%	$1.9M	$844K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02794	+0.143%	$392K	$68K	30x	as long as short
Bitget ENJUSDTlong	+0.0100%	4h	0.02790	long leg	$687K	$263K	50x
Variational Omni ENJ	+0.0100%	8h	0.02789	−0.053%	$1K	$20K	—	as long as short
Extended ENJ-USDshort	+0.0104%	1h	0.02791	+0.042%	$2K	$276K	5x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ENJ-USDT	+0.0111%	4h	0.02792	+0.072%	$131K	$101K	50x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02789	−0.036%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.6226%	1h	0.02809	+0.690%	$25K	$8K	20x	as long as short