Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against KuCoin−0.162%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.162% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ENJUSDTM	0.02777	0.0100	pay 0.0050% / 4h	1h 32m	$390K	$67K	30x
Short	Variational Omni ENJ	0.02773	0.0100	get 0.0100% / 8h	1h 32m	$2K	$19K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.162%Rate

Funding earned: $0
Price spread: −0.162% → 0.000%: −$16.15
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$28.15
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 10 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 10 min ago	16.14 bp	246.0 bp −$246	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 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
BloFin ENJ-USDT	+0.0082%	4h	0.02774	−0.108%	$129K	$101K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02776	−0.052%	$17K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02775	−0.072%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02775	−0.072%	$930K	$553K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02776	−0.036%	$290K	$391K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02775	−0.072%	$106K	$35K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02776	−0.036%	$1.8M	$856K	75x	as long as short
KuCoin ENJUSDTMlong	+0.0100%	4h	0.02777	long leg	$390K	$67K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02776	−0.036%	$700K	$273K	50x	as long as short
Variational Omni ENJshort	+0.0100%	8h	0.02773	−0.162%	$2K	$19K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENJ-USD	+0.0104%	1h	0.02774	−0.096%	$4K	$282K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02775	−0.072%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.0871%	1h	0.02777	−0.016%	$24K	$13K	20x	as long as short