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% APRpaid last 24h 0.000%

Price spread now: Bitget against Variational Omni−0.166%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 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: Bitget is 0.166% cheaper against Variational Omni than usual: you would sell low and buy high, −$17 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	Variational Omni ENJ	0.02824	0.0100	pay 0.0100% / 8h	1h 32m	$19K	$2K	—
Short	Bitget ENJUSDT	0.02819	0.0100	get 0.0050% / 4h	1h 32m	$698K	$264K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now −0.166%Rate

Funding earned: $0
Price spread: −0.166% → 0.000%: −$16.56
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$28.56
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 48 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bitget live order book, 48 min ago	7.07 bp	40.8 bp −$41	82.1 bp −$821	doesn't fit	doesn't fit

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
Aster ENJUSDT	+0.0100%	4h	0.02820	−0.130%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02819	−0.164%	$3.1M	$3.3M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02818	−0.215%	$960K	$582K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02817	−0.236%	$293K	$434K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02823	−0.024%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02820	−0.130%	$2.0M	$746K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02822	−0.059%	$400K	$79K	30x	as long as short
Bitget ENJUSDTshort	+0.0100%	4h	0.02819	−0.166%	$698K	$264K	50x
BingX ENJ-USDT	+0.0100%	4h	0.02818	−0.201%	—	$2.4M	—	as long as short
Variational Omni ENJlong	+0.0100%	8h	0.02824	long leg	$19K	$2K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02820	−0.113%	$1K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0144%	4h	0.02815	−0.307%	$137K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5434%	1h	0.02841	+0.609%	$26K	$8K	20x	as long as short