Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Gate−0.035%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$554as in the Funding arb table

Net, price: spread back to 7d avg − costs−$557as in the Price arb table

costs, in and out, $10k−$5545.538% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.035%, 7d avg −0.003%

Together, before fees+0.017%+$2 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 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENJ_USDT	0.02828	0.0100	pay 0.0050% / 4h	2h 24m	$110K	$32K	25x
Short	Bitget ENJUSDT	0.02827	0.0100	get 0.0050% / 4h	2h 24m	$700K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.003%: −$3.19
Slippage, 4 orders: −$526.77
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$556.97
Costs to cover: 5.538%
Break-even: never at this rate

Slippage from Gate: live order book, 58 min ago; Bitget: live order book, 61 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 Gate live order book, 58 min ago	35.44 bp	268.8 bp −$269	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 61 min ago	7.09 bp	29.2 bp −$29	91.2 bp −$912	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
BloFin ENJ-USDT	+0.0047%	4h	0.02829	+0.035%	$138K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02830	+0.058%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02829	+0.021%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02828	−0.007%	$963K	$576K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02829	+0.035%	$297K	$431K	10x	as long as short
Gate ENJ_USDTlong	+0.0100%	4h	0.02828	long leg	$110K	$32K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02829	+0.035%	$2.0M	$806K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02828	0.000%	$398K	$78K	30x	as long as short
Bitget ENJUSDTshort	+0.0100%	4h	0.02827	−0.035%	$700K	$265K	50x
BingX ENJ-USDT	+0.0100%	4h	0.02829	+0.035%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02827	−0.039%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02829	+0.023%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5415%	1h	0.02849	+0.734%	$26K	$8K	20x	as long as short