Funding you earn now, next payment 12:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against KuCoin+0.036%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$475as in the Price arb table
costs, in and out, $10k−$4834.830% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.036%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.081% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ENJUSDTM | 0.02799 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $415K | $62K | 30x |
| Short | BloFin ENJ-USDT | 0.02800 | 0.0154 | get 0.0077% / 4h | 1h 56m | $129K | $95K | 50x |
KuCoin ENJUSDTM
BloFin ENJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.38
- Price spread: +0.036% → −0.046%
- $8.14
- Slippage, 4 orders
- −$459.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$463.49
- Costs to cover
- 4.830%
- Break-even
- 292.1 days
Slippage from KuCoin: live order book, 48 min ago; BloFin: live order book, 47 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 KuCoin live order book, 48 min ago | 19.56 bp | 227.6 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 1.78 bp | 13.9 bp −$14 | 48.0 bp −$480 | doesn't fit | doesn't fit |
ENJ on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENJUSD | −0.0493% | 1h | 0.02798 | −0.044% | $22K | $15K | 20x | as long as short |
| Aster ENJUSDT | +0.0100% | 4h | 0.02799 | −0.005% | $17K | $8K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02797 | −0.071% | $3.0M | $3.4M | 50x | as long as short |
| Bybit ENJUSDT | +0.0100% | 8h | 0.02795 | −0.136% | $924K | $533K | 25x | as long as short |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02795 | −0.143% | $287K | $368K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02799 | 0.000% | $106K | $37K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02796 | −0.107% | $1.8M | $864K | 75x | as long as short |
| KuCoin ENJUSDTMlong | +0.0100% | 4h | 0.02799 | long leg | $415K | $62K | 30x | |
| Bitget ENJUSDT | +0.0100% | 4h | 0.02799 | 0.000% | $705K | $230K | 50x | as long as short |
| BingX ENJ-USDT | +0.0100% | 4h | 0.02797 | −0.071% | — | $2.4M | — | as long as short |
Kraken Futures PF_ENJUSD
Aster ENJUSDT
Binance ENJUSDT
Bybit ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
Bitget ENJUSDT
BingX ENJ-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENJ | +0.0100% | 8h | 0.02794 | −0.184% | $2K | $19K | — | as long as short |
| Extended ENJ-USD | +0.0104% | 1h | 0.02796 | −0.102% | $22 | $292K | 5x | as long as short |
| BloFin ENJ-USDTshort | +0.0154% | 4h | 0.02800 | +0.036% | $129K | $95K | 50x |
Variational Omni ENJ
Extended ENJ-USD