Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against Bybit+0.099%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$455as in the Funding arb table

Net, price: spread back to 7d avg − costs−$453as in the Price arb table

costs, in and out, $10k−$4564.556% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.099%, 7d avg +0.069%

Together, before fees−0.097%−$10 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: Gate is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENJUSDT	0.02818	0.0100	pay 0.0100% / 8h	4h 24m	$951K	$621K	25x
Short	Gate ENJ_USDT	0.02821	0.0100	get 0.0050% / 4h	24m 19s	$109K	$34K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.099%Rate

Funding earned: $0
Price spread: +0.099% → +0.069%: $2.99
Slippage, 4 orders: −$429.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$452.65
Costs to cover: 4.556%
Break-even: never at this rate

Slippage from Bybit: live order book, 31 min ago; Gate: live order book, 26 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 Bybit live order book, 31 min ago	5.31 bp	38.0 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 26 min ago	12.44 bp	149.8 bp −$150	doesn't fit	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	0.02822	+0.121%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02819	+0.028%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDTlong	+0.0100%	8h	0.02818	long leg	$951K	$621K	25x
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02821	+0.099%	$292K	$454K	10x	as long as short
Gate ENJ_USDTshort	+0.0100%	4h	0.02821	+0.099%	$109K	$34K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02819	+0.028%	$2.0M	$841K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02823	+0.170%	$396K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02818	−0.007%	$695K	$277K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02820	+0.064%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02817	−0.043%	$3K	$18K	—	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	0.02818	+0.002%	$2K	$189K	5x	as long as short
BloFin ENJ-USDT	+0.0116%	4h	0.02820	+0.064%	$132K	$102K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5524%	1h	0.02838	+0.715%	$26K	$8K	20x	as long as short