Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against OKX+0.035%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1541.540% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$6 on $10k

Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.035%, 7d avg −0.016%

Together, before fees−0.193%−$19 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: BingX is 0.052% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENJ-USDT-SWAP	0.02820	0.0100	pay 0.0050% / 4h	1h 04m	$293K	$447K	10x
Short	BingX ENJ-USDT	0.02821	0.0100	get 0.0050% / 4h	1h 04m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → −0.016%: $5.18
Slippage, 4 orders: −$134
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$148.81
Costs to cover: 1.540%
Break-even: never at this rate

Slippage from OKX: live order book, 56 min ago; BingX: live order book, 9 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 OKX live order book, 56 min ago	1.77 bp	32.8 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	26.45 bp	45.9 bp −$46	81.9 bp −$819	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	+0.0099%	4h	0.02820	0.000%	$133K	$102K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02822	+0.075%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02820	0.000%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02820	+0.011%	$961K	$592K	25x	as long as short
OKX ENJ-USDT-SWAPlong	+0.0100%	4h	0.02820	long leg	$293K	$447K	10x
Gate ENJ_USDT	+0.0100%	4h	0.02824	+0.142%	$109K	$34K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02820	0.000%	$2.0M	$773K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02823	+0.106%	$396K	$70K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02821	+0.035%	$708K	$232K	50x	as long as short
BingX ENJ-USDTshort	+0.0100%	4h	0.02821	+0.035%	—	$2.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02817	−0.108%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02820	+0.010%	$676	$185K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5323%	1h	0.02837	+0.593%	$26K	$8K	20x	as long as short