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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.143%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$687as in the Funding arb table
Net, price: spread back to 7d avg − costs−$652as in the Price arb table
costs, in and out, $10k−$6606.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.270%−$27 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.143%, 7d avg +0.061%
Together, before fees−0.265%−$26 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 0.082% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ENJUSDT0.028060.0100pay 0.0050% / 4h39m 25s$709K$263K50x
ShortKuCoin ENJUSDTM0.028100.0100get 0.0050% / 4h39m 25s$395K$70K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: +0.143% → +0.061%
$8.16
Slippage, 4 orders
−$636.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$651.93
Costs to cover
6.601%
Break-even
never at this rate
Slippage from Bitget: live order book, 16 min ago; KuCoin: live order book, 43 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 Bitget live order book, 16 min ago1.77 bp18.9 bp −$1975.7 bp −$757doesn't fitdoesn't fit
Sell KuCoin live order book, 43 min ago14.09 bp378.5 bp −$378doesn't fitdoesn'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%4h0.02808+0.063%$17K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02807+0.043%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02805−0.039%$947K$620K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02805−0.036%$291K$451K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02808+0.071%$108K$34K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02808+0.071%$2.0M$834K75xas long as short
KuCoin ENJUSDTMshort+0.0100%4h0.02810+0.143%$395K$70K30x
Bitget ENJUSDTlong+0.0100%4h0.02806long leg$709K$263K50x
BingX ENJ-USDT+0.0100%4h0.02809+0.107%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02806+0.017%$3K$18Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02808+0.085%$2K$191K5xas long as short
BloFin ENJ-USDT+0.0108%4h0.02808+0.071%$133K$102K50xas long as short
Kraken Futures PF_ENJUSD+0.5550%1h0.02825+0.678%$26K$8K20xas long as short