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

ENJ

all ENJ markets
SwapBacktest
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: OKX against Bybit−0.032%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.032%, 7d avg +0.072%
Together, before fees+0.154%+$15 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: OKX is 0.103% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENJUSDT0.028380.0100pay 0.0100% / 8h7h 04m$968K$602K25x
ShortOKX ENJ-USDT-SWAP0.028370.0100get 0.0050% / 4h3h 04m$295K$443K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.032% → +0.072%
−$10.33
Slippage, 4 orders
−$127.36
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$158.69
Costs to cover
1.484%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago5.29 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.76 bp33.5 bp −$33doesn't fitdoesn't fitdoesn'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
Aster ENJUSDT+0.0100%4h0.02841+0.115%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02839+0.048%$3.0M$3.5M50xas long as short
Bybit ENJUSDTlong+0.0100%8h0.02838long leg$968K$602K25x
OKX ENJ-USDT-SWAPshort+0.0100%4h0.02837−0.032%$295K$443K10x
Gate ENJ_USDT+0.0100%4h0.02841+0.109%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02839+0.039%$2.0M$753K75xas long as short
KuCoin ENJUSDTM+0.0100%4h0.02843+0.180%$398K$73K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02842+0.144%$722K$241K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02840+0.074%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02836−0.050%$19K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02839+0.044%$278$189K5xas long as short
BloFin ENJ-USDT+0.0128%4h0.02840+0.074%$134K$60K50xas long as short
Kraken Futures PF_ENJUSD+0.5521%1h0.02858+0.709%$26K$8K20xas long as short