Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended−0.108%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1041.036% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.108%, 7d avg +0.035%

Together, before fees+0.168%+ Points / potential airdropExtended: Active · farm board+$17 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: Binance is 0.143% cheaper against Extended than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02832	0.0104	pay 0.0013% / 1h	9m 09s	$680	$185K	5x
Short	Binance ENJUSDT	0.02829	0.0100	get 0.0050% / 4h	1h 09m	$3.0M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.108%Rate

Funding earned: −$0.84
Price spread: −0.108% → +0.035%: −$14.3
Slippage, 4 orders: −$88.6
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$118.74
Costs to cover: 1.036%
Break-even: never at this rate

Slippage from Extended: live order book, 52 min ago; Binance: live order book, 12 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 Extended live order book, 52 min ago	3.18 bp	34.3 bp −$34	248.2 bp −$2,482	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.76 bp	23.2 bp −$23	85.7 bp −$857	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	0.02837	+0.169%	$18K	$5K	5x	as long as short
Binance ENJUSDTshort	+0.0100%	4h	0.02829	−0.108%	$3.0M	$3.5M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02831	−0.038%	$964K	$592K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02830	−0.073%	$294K	$449K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02833	+0.033%	$109K	$34K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02832	−0.002%	$2.0M	$773K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02836	+0.139%	$398K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02833	+0.033%	$711K	$232K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02834	+0.068%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02833	+0.049%	$19K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USDlong	+0.0104%	1h	0.02832	long leg	$680	$185K	5x
BloFin ENJ-USDT	+0.0122%	4h	0.02830	−0.073%	$133K	$103K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5294%	1h	0.02852	+0.716%	$26K	$8K	20x	as long as short