Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin−0.071%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$759as in the Funding arb table

Net, price: spread back to 7d avg − costs−$789as in the Price arb table

costs, in and out, $10k−$7877.868% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.280%+$28 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.071%, 7d avg −0.049%

Together, before fees+0.295%+$30 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: MEXC is 0.022% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ENJUSDTM	0.02820	0.0100	pay 0.0050% / 4h	2h 00m	$397K	$77K	30x
Short	MEXC ENJ_USDT	0.02818	0.0100	get 0.0050% / 4h	2h 00m	$2.0M	$808K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now −0.071%Rate

Funding earned: $0
Price spread: −0.071% → −0.049%: −$2.19
Slippage, 4 orders: −$770.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$788.96
Costs to cover: 7.868%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; MEXC: live order book, 1 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, 11 min ago	15.93 bp	426.5 bp −$427	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.77 bp	12.2 bp −$12	39.4 bp −$394	152.2 bp −$15.2K	doesn't fit

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
Aster ENJUSDT	+0.0100%	4h	0.02818	−0.064%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02817	−0.106%	$3.1M	$3.2M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02816	−0.142%	$961K	$577K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02816	−0.142%	$295K	$430K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02820	0.000%	$110K	$32K	25x	as long as short
MEXC ENJ_USDTshort	+0.0100%	4h	0.02818	−0.071%	$2.0M	$808K	75x
KuCoin ENJUSDTMlong	+0.0100%	4h	0.02820	long leg	$397K	$77K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02819	−0.035%	$698K	$265K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02816	−0.142%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02816	−0.145%	$19K	$2K	—	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	0.02817	−0.119%	$1K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0148%	4h	0.02817	−0.106%	$138K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5434%	1h	0.02839	+0.663%	$26K	$8K	20x	as long as short