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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.5198%/8h= −569.2% APRpaid last 24h +0.074%
Price spread now: MEXC against Kraken Futures−0.841%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$156 a day on $10k at the current rate, and MEXC is 0.841% cheaper against Kraken Futures than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ENJUSD0.028500.5298pay 0.0662% / 1h57m 41s$26K$8K20x
ShortMEXC ENJ_USDT0.028260.0100get 0.0050% / 4h1h 57m$2.0M$766K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Kraken Futures. 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
−$1,091.63
Price spread: −0.841% → 0.000%
−$84.07
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,189.7
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell MEXC live order book, 3 min ago3.53 bp13.3 bp −$1341.9 bp −$419149.5 bp −$14.9Kdoesn't fit
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 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%4h0.02828−0.764%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02827−0.806%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02824−0.925%$962K$593K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02827−0.806%$295K$446K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02828−0.770%$110K$33K25xas long as short
MEXC ENJ_USDTshort+0.0100%4h0.02826−0.841%$2.0M$766K75x
KuCoin ENJUSDTM+0.0100%4h0.02830−0.700%$397K$70K30xas long as short
Bitget ENJUSDT+0.0100%4h0.02827−0.806%$711K$231K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02827−0.806%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02829−0.753%$19K$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02826−0.829%$2K$182K5xas long as short
Kraken Futures PF_ENJUSDlong+0.5298%1h0.02850long leg$26K$8K20x