Settings8H · net · $10k
Funding arb · Price arb /

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin+0.071%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.071%, 7d avg −0.013%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.084% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.028240.0059pay 0.0030% / 4h1h 26m$133K$86K50x
ShortMEXC ENJ_USDT0.028260.0100get 0.0050% / 4h1h 26m$2.0M$771K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Funding earned
$8.57
Price spread: +0.071% → −0.013%
$8.39
Slippage, 4 orders
−$32.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$31.44
Costs to cover
0.484%
Break-even
32.7 days
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago1.77 bp7.8 bp −$848.0 bp −$480doesn't fitdoesn't fit
Sell MEXC live order book, just now3.54 bp17.7 bp −$1858.6 bp −$586158.4 bp −$15.8Kdoesn't fit

ENJ on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDTlong+0.0059%4h0.02824long leg$133K$86K50x
Aster ENJUSDT+0.0100%4h0.02827+0.101%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02827+0.106%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02826+0.071%$963K$592K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.028240.000%$293K$452K10xas long as short
Gate ENJ_USDT+0.0100%4h0.028240.000%$109K$34K25xas long as short
MEXC ENJ_USDTshort+0.0100%4h0.02826+0.071%$2.0M$771K75x
KuCoin ENJUSDTM+0.0100%4h0.02827+0.106%$397K$70K30xas long as short
Bitget ENJUSDT+0.0100%4h0.028240.000%$708K$229K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02827+0.106%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02831+0.263%$19K$2Kas long as short
Extended ENJ-USD+0.0104%1h0.02823−0.024%$4K$184K5xas long as short
Kraken Futures PF_ENJUSD+0.5309%1h0.02844+0.710%$26K$8K20xas long as short