Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Bitget against Extended−0.002%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1331.332% of the position

Long on Extended Short on Bitget

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)−0.158%−$16 · spread now −0.002%, 7d avg +0.022%

Together, before fees−0.166%+ 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: Bitget is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02806	0.0104	pay 0.0013% / 1h	46m 08s	$213	$287K	5x
Short	Bitget ENJUSDT	0.02806	0.0100	get 0.0050% / 4h	3h 46m	$707K	$258K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$0.84
Price spread: −0.002% → +0.022%: −$2.45
Slippage, 4 orders: −$116.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$136.47
Costs to cover: 1.332%
Break-even: never at this rate

Slippage from Extended: live order book, 51 min ago; Bitget: live order book, 49 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, 51 min ago	3.41 bp	42.5 bp −$43	269.5 bp −$2,695	doesn't fit	doesn't fit
Sell Bitget live order book, 49 min ago	3.59 bp	36.7 bp −$37	95.7 bp −$957	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	0.02807	+0.050%	$17K	$8K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02806	−0.002%	$3.0M	$3.6M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02804	−0.073%	$937K	$556K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02806	−0.002%	$288K	$389K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02805	−0.038%	$109K	$37K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02807	+0.033%	$1.7M	$878K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02809	+0.105%	$394K	$63K	30x	as long as short
Bitget ENJUSDTshort	+0.0100%	4h	0.02806	−0.002%	$707K	$258K	50x
BingX ENJ-USDT	+0.0100%	4h	0.02805	−0.038%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02801	−0.179%	$2K	$19K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ENJUSD	+0.0101%	1h	0.02808	+0.056%	$24K	$13K	20x	as long as short
Extended ENJ-USDlong	+0.0104%	1h	0.02806	long leg	$213	$287K	5x
BloFin ENJ-USDT	+0.0137%	4h	0.02804	−0.073%	$130K	$102K	50x	as long as short