Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bybit+0.246%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.246% dearer against Bybit than usual: you sell high and buy low, +$25 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENJUSDT	0.02805	0.0100	pay 0.0100% / 8h	3h 27m	$943K	$612K	25x
Short	Variational Omni ENJ	0.02812	0.0100	get 0.0100% / 8h	3h 27m	$3K	$19K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.246%Rate

Funding earned: $0
Price spread: +0.246% → 0.000%: $24.63
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $13.63
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 23 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 23 min ago	5.32 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDT	+0.0054%	4h	0.02816	+0.389%	$132K	$102K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02810	+0.174%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02807	+0.061%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDTlong	+0.0100%	8h	0.02805	long leg	$943K	$612K	25x
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02803	−0.075%	$292K	$412K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02810	+0.175%	$108K	$35K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02807	+0.068%	$1.9M	$846K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02813	+0.282%	$396K	$68K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02809	+0.139%	$692K	$262K	50x	as long as short
Variational Omni ENJshort	+0.0100%	8h	0.02812	+0.246%	$3K	$19K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02807	+0.068%	$3K	$192K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02809	+0.139%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.6133%	1h	0.02831	+0.927%	$26K	$8K	20x	as long as short