Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.099%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$733as in the Funding arb table

Net, price: spread back to 7d avg − costs−$702as in the Price arb table

costs, in and out, $10k−$7077.069% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.262%−$26 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.099%, 7d avg +0.047%

Together, before fees−0.348%−$35 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: KuCoin is 0.053% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENJUSDT	0.02772	0.0100	pay 0.0050% / 4h	1h 32m	$3.0M	$3.5M	50x
Short	KuCoin ENJUSDTM	0.02775	0.0100	get 0.0050% / 4h	1h 32m	$390K	$67K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.099%Rate

Funding earned: $0
Price spread: +0.099% → +0.047%: $5.27
Slippage, 4 orders: −$684.92
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$701.65
Costs to cover: 7.069%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 11 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 Binance live order book, 4 min ago	1.80 bp	22.2 bp −$22	69.7 bp −$697	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	16.14 bp	419.1 bp −$419	doesn't fit	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	+0.0082%	4h	0.02774	+0.063%	$129K	$101K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02775	+0.084%	$17K	$5K	5x	as long as short
Binance ENJUSDTlong	+0.0100%	4h	0.02772	long leg	$3.0M	$3.5M	50x
Bybit ENJUSDT	+0.0100%	8h	0.02774	+0.063%	$929K	$553K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02774	+0.063%	$290K	$389K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02775	+0.099%	$106K	$35K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02772	−0.009%	$1.8M	$856K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02775	+0.099%	$390K	$67K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02774	+0.063%	$699K	$273K	50x	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02773	+0.010%	$2K	$19K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02773	+0.041%	$4K	$282K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02774	+0.063%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.0871%	1h	0.02777	+0.155%	$24K	$13K	20x	as long as short