Settings8H · net · $10k
Funding arb · Price arb /

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.180%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$692as in the Funding arb table
Net, price: spread back to 7d avg − costs−$660as in the Price arb table
costs, in and out, $10k−$6666.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.260%−$26 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.180%, 7d avg +0.122%
Together, before fees−0.332%−$33 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 0.058% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENJUSDT0.028340.0100pay 0.0100% / 8h6h 21m$965K$595K25x
ShortKuCoin ENJUSDTM0.028390.0100get 0.0050% / 4h2h 21m$398K$73K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$0
Price spread: +0.180% → +0.122%
$5.8
Slippage, 4 orders
−$642.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$659.85
Costs to cover
6.656%
Break-even
never at this rate
Slippage from Bybit: live order book, 44 min ago; KuCoin: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 44 min ago5.29 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 16 min ago14.12 bp364.7 bp −$365doesn't fitdoesn't fitdoesn't fit

ENJ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ENJUSDT+0.0100%4h0.02838+0.135%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02835+0.039%$3.0M$3.5M50xas long as short
Bybit ENJUSDTlong+0.0100%8h0.02834long leg$965K$595K25x
OKX ENJ-USDT-SWAP+0.0100%4h0.02836+0.074%$297K$449K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02833−0.032%$110K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02835+0.039%$2.0M$770K75xas long as short
KuCoin ENJUSDTMshort+0.0100%4h0.02839+0.180%$398K$73K30x
Bitget ENJUSDT+0.0100%4h0.02835+0.039%$713K$239K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02837+0.109%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02837+0.093%$19K$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02834+0.012%$2K$186K5xas long as short
Kraken Futures PF_ENJUSD+0.5593%1h0.02854+0.699%$26K$8K20xas long as short