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 −0.010%

Price spread now: KuCoin against BingX+0.177%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$664as in the Funding arb table

Net, price: spread back to 7d avg − costs−$621as in the Price arb table

costs, in and out, $10k−$6326.319% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.322%−$32 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.177%, 7d avg +0.070%

Together, before fees−0.334%−$33 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: KuCoin is 0.107% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENJ-USDT	0.02819	0.0100	pay 0.0050% / 4h	38m 58s	—	$2.4M	—
Short	KuCoin ENJUSDTM	0.02824	0.0100	get 0.0050% / 4h	38m 58s	$403K	$75K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → +0.070%: $10.74
Slippage, 4 orders: −$609.89
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$621.15
Costs to cover: 6.319%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 23 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 BingX live order book, 10 min ago	26.51 bp	43.9 bp −$44	73.8 bp −$738	561.0 bp −$56.1K	1173.7 bp −$586.9K
Sell KuCoin live order book, 23 min ago	19.44 bp	311.6 bp −$312	doesn't fit	doesn't fit	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	0.02821	+0.054%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02819	−0.018%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02818	−0.035%	$962K	$593K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02818	−0.035%	$298K	$444K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02820	+0.035%	$110K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02818	−0.035%	$2.0M	$751K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02824	+0.177%	$403K	$75K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02820	+0.035%	$710K	$277K	50x	as long as short
BingX ENJ-USDTlong	+0.0100%	4h	0.02819	long leg	—	$2.4M	—
Variational Omni ENJ	+0.0100%	8h	0.02818	−0.030%	$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	0.02818	−0.046%	$1K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0129%	4h	0.02821	+0.071%	$135K	$61K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5805%	1h	0.02840	+0.747%	$26K	$8K	20x	as long as short