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

ENJ

all ENJ markets
SwapBacktest
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: BingX against KuCoin−0.464%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$588as in the Price arb table
costs, in and out, $10k−$5485.485% of the position
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)+0.389%+$39 · spread now −0.464%, 7d avg −0.071%
Together, before fees+0.675%+$68 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: BingX is 0.393% cheaper against KuCoin than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ENJUSDTM0.028040.0100pay 0.0050% / 4h3h 49m$393K$63K30x
ShortBingX ENJ-USDT0.027910.0100get 0.0050% / 4h3h 49m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.464% → −0.071%
−$39.27
Slippage, 4 orders
−$526.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$587.77
Costs to cover
5.485%
Break-even
never at this rate
Slippage from KuCoin: live order book, 44 min ago; BingX: live order book, 15 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 KuCoin live order book, 44 min ago8.97 bp228.8 bp −$229doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago7.17 bp25.7 bp −$2658.5 bp −$585doesn't fitdoesn't fit

ENJ on 13 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%4h0.02802−0.070%$17K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02802−0.071%$3.0M$3.6M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02799−0.164%$936K$556K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02800−0.143%$288K$388K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02800−0.143%$109K$36K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02801−0.107%$1.7M$878K75xas long as short
KuCoin ENJUSDTMlong+0.0100%4h0.02804long leg$393K$63K30x
Bitget ENJUSDT+0.0100%4h0.02801−0.107%$705K$258K50xas long as short
BingX ENJ-USDTshort+0.0100%4h0.02791−0.464%$2.4M
Variational Omni ENJ+0.0100%8h0.02801−0.106%$2K$19Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ENJUSD+0.0101%1h0.02802−0.062%$24K$13K20xas long as short
Extended ENJ-USD+0.0104%1h0.02800−0.134%$213$287K5xas long as short
BloFin ENJ-USDT+0.0116%4h0.028040.000%$130K$102K50xas long as short