Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.5314%/8h= +581.9% APRpaid last 24h −0.468%

Price spread now: Kraken Futures against BingX+0.749%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$159 a day on $10k at the current rate, and Kraken Futures is 0.749% dearer against BingX than usual: you sell high and buy low: +$75 more if the spread 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	BingX ENJ-USDT	0.02828	0.0100	pay 0.0050% / 4h	2h 23m	—	$2.4M	—
Short	Kraken Futures PF_ENJUSD	0.02849	0.5414	get 0.0677% / 1h	23m 19s	$26K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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 BingXbpFee Kraken FuturesbpOrdersPrice spread, now +0.749%Rate

Funding earned: $1,116
Price spread: +0.749% → 0.000%: $74.94
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,170.95
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: BingX: live order book, 6 min ago; Kraken Futures: no order-book sample. 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 BingX live order book, 6 min ago	24.79 bp	42.9 bp −$43	78.4 bp −$784	593.9 bp −$59.4K	1057.9 bp −$529.0K
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
BloFin ENJ-USDT	+0.0094%	4h	0.02828	0.000%	$138K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02830	+0.065%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02829	+0.047%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02828	0.000%	$963K	$576K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02832	+0.141%	$298K	$431K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02828	0.000%	$110K	$32K	25x	as long as short
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 ENJUSDT	+0.0100%	4h	0.02827	−0.035%	$700K	$265K	50x	as long as short
BingX ENJ-USDTlong	+0.0100%	4h	0.02828	long leg	—	$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	0.02827	−0.039%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02829	+0.028%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSDshort	+0.5414%	1h	0.02849	+0.749%	$26K	$8K	20x