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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: BingX against Bybit+0.158%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1691.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.158%, 7d avg +0.045%
Together, before fees−0.092%−$9 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: BingX is 0.112% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENJUSDT0.027900.0100pay 0.0100% / 8h5h 54m$922K$536K25x
ShortBingX ENJ-USDT0.027940.0100get 0.0050% / 4h1h 54m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: +0.158% → +0.045%
$11.23
Slippage, 4 orders
−$147.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$157.28
Costs to cover
1.685%
Break-even
never at this rate
Slippage from Bybit: live order book, 53 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 53 min ago3.56 bp44.8 bp −$45583.3 bp −$5,833doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago26.83 bp40.5 bp −$4179.3 bp −$793717.1 bp −$71.7K1256.8 bp −$628.4K

ENJ on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ENJUSD−0.0494%1h0.02795+0.209%$22K$15K20xas long as short
BloFin ENJ-USDT+0.0041%4h0.02796+0.229%$129K$95K50xas long as short
Aster ENJUSDT+0.0100%4h0.02794+0.166%$17K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02791+0.050%$3.0M$3.4M50xas long as short
Bybit ENJUSDTlong+0.0100%8h0.02790long leg$922K$536K25x
OKX ENJ-USDT-SWAP+0.0100%4h0.02792+0.086%$286K$368K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02796+0.229%$106K$37K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02791+0.050%$1.8M$864K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02795+0.194%$414K$62K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02795+0.194%$704K$231K50xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ENJ-USDTshort+0.0100%4h0.02794+0.158%$2.4M
Variational Omni ENJ+0.0100%8h0.02793+0.132%$2K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02791+0.053%$22$292K5xas long as short