Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.6277%/8h= +687.3% APRpaid last 24h +0.383%

Price spread now: Kraken Futures against BloFin−0.247%7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Funding pays, the price is against you. Kraken Futures is 0.247% cheaper against BloFin than usual: you would sell low and buy high (spread −0.247% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 3 hours of funding at the current rate (+$188 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENJ-USDT	0.02770	0.0054	pay 0.0027% / 4h	2h 33m	$131K	$100K	50x
Short	Kraken Futures PF_ENJUSD	0.02763	0.6330	get 0.0791% / 1h	33m 00s	$24K	$13K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now −0.247%Rate

Funding earned: $1,318.08
Price spread: −0.247% → 0.000%: −$24.74
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,271.34
Costs to cover: 0.220%
Break-even: 0.2 days

Slippage unknown: BloFin: live order book, 38 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 BloFin live order book, 38 min ago	1.79 bp	21.4 bp −$21	54.1 bp −$541	doesn't fit	doesn't fit
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-USDTlong	+0.0054%	4h	0.02770	long leg	$131K	$100K	50x
Aster ENJUSDT	+0.0100%	4h	0.02764	−0.211%	$17K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02763	−0.246%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02762	−0.289%	$920K	$556K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02763	−0.253%	$289K	$392K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02761	−0.325%	$106K	$35K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02764	−0.217%	$1.8M	$851K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02766	−0.144%	$388K	$69K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02763	−0.253%	$697K	$268K	50x	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02766	−0.142%	$1K	$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	0.02762	−0.297%	$3K	$281K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02763	−0.253%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSDshort	+0.6330%	1h	0.02763	−0.247%	$24K	$13K	20x