Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BloFin−0.106%105s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.106%, 7d avg −0.017%
=Funding pays, the price is against you. Bitget is 0.089% cheaper against BloFin than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of −0.017%). If the spread goes back, that is −$9 on $10k: about 9.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.008% in total) that is about 3 months. The two prices were read 105 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 | BloFin ENJ-USDT | 0.02838 | 0.0070 | pay 0.0035% / 4h | 1h 09m | $134K | $103K | 50x |
| Short | Bitget ENJUSDT | 0.02835 | 0.0100 | get 0.0050% / 4h | 1h 09m | $712K | $232K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $6.38
- Price spread: −0.106% → −0.017%
- −$8.87
- Slippage, 4 orders
- −$51.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$77.55
- Costs to cover
- 0.751%
- Break-even
- 92.1 days
Slippage from BloFin: live order book, 22 min ago; Bitget: live order book, 51 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 BloFin live order book, 22 min ago | 1.77 bp | 7.8 bp −$8 | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 51 min ago | 5.30 bp | 30.2 bp −$30 | 86.8 bp −$868 | 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-USDTlong | +0.0070% | 4h | 0.02838 | long leg | $134K | $103K | 50x | |
| Aster ENJUSDT | +0.0100% | 4h | 0.02838 | −0.016% | $18K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02833 | −0.184% | $3.0M | $3.5M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02834 | −0.134% | $965K | $592K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02834 | −0.141% | $294K | $449K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02836 | −0.070% | $109K | $34K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02833 | −0.176% | $2.0M | $773K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02836 | −0.070% | $398K | $70K | 30x | as long as short |
| Bitget ENJUSDTshort | +0.0100% | 4h | 0.02835 | −0.106% | $712K | $232K | 50x | |
| BingX ENJ-USDT | +0.0100% | 4h | 0.02836 | −0.070% | — | $2.4M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENJ | +0.0100% | 8h | 0.02833 | −0.160% | $19K | $2K | — | as long as short |
| Extended ENJ-USD | +0.0104% | 1h | 0.02834 | −0.130% | $680 | $185K | 5x | as long as short |
| Kraken Futures PF_ENJUSD | +0.5288% | 1h | 0.02856 | +0.620% | $26K | $8K | 20x | as long as short |
BloFin ENJ-USDT
Bitget ENJUSDT
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
BingX ENJ-USDT
Variational Omni ENJ
Extended ENJ-USD
Kraken Futures PF_ENJUSD