Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against BingX+0.391%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$502as in the Funding arb table

Net, price: spread back to 7d avg − costs−$442as in the Price arb table

costs, in and out, $10k−$4744.736% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.286%−$29 on $10k

Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.391%, 7d avg +0.071%

Together, before fees−0.603%−$60 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 0.320% dearer against BingX than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENJ-USDT	0.02811	0.0100	pay 0.0050% / 4h	3h 03m	—	$2.4M	—
Short	KuCoin ENJUSDTM	0.02822	0.0100	get 0.0050% / 4h	3h 03m	$395K	$63K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.391%Rate

Funding earned: $0
Price spread: +0.391% → +0.071%: $32.04
Slippage, 4 orders: −$451.65
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$441.61
Costs to cover: 4.736%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 19 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 BingX live order book, 5 min ago	1.78 bp	73.0 bp −$73	107.4 bp −$1,074	580.4 bp −$58.0K	1014.7 bp −$507.3K
Sell KuCoin live order book, 19 min ago	7.11 bp	169.8 bp −$170	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	+0.0043%	4h	0.02821	+0.356%	$129K	$96K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02823	+0.411%	$18K	$8K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02821	+0.366%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02820	+0.320%	$942K	$545K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02821	+0.356%	$290K	$381K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02820	+0.320%	$110K	$37K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02822	+0.391%	$1.7M	$896K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02822	+0.391%	$395K	$63K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02823	+0.427%	$712K	$247K	50x	as long as short
BingX ENJ-USDTlong	+0.0100%	4h	0.02811	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	0.02822	+0.393%	$2K	$19K	—	as long as short
Kraken Futures PF_ENJUSD	+0.0101%	1h	0.02823	+0.418%	$24K	$13K	20x	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02821	+0.340%	$113	$293K	5x	as long as short