Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.5432%/8h= +594.8% APRpaid last 24h −0.192%

Price spread now: Kraken Futures against BloFin+0.797%57s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Kraken Futures

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—needs both histories

Both sides work for this trade now. Funding pays +$163 a day on $10k at the current rate, and Kraken Futures is 0.797% dearer against BloFin than usual: you sell high and buy low: +$80 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENJ-USDT	0.02820	0.0119	pay 0.0059% / 4h	3h 47m	$133K	$60K	50x
Short	Kraken Futures PF_ENJUSD	0.02842	0.5551	get 0.0694% / 1h	47m 39s	$26K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now +0.797%Rate

Funding earned: $1,140.78
Price spread: +0.797% → 0.000%: $79.68
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,198.46
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: BloFin: live order book, 8 min ago; Kraken Futures: 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 BloFin live order book, 8 min ago	1.77 bp	20.0 bp −$20	51.2 bp −$512	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
Aster ENJUSDT	+0.0100%	4h	0.02824	+0.132%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02824	+0.142%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02824	+0.142%	$968K	$596K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02822	+0.071%	$294K	$445K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02825	+0.177%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02824	+0.142%	$2.0M	$747K	75x	as long as short
KuCoin ENJUSDTM	+0.0100%	4h	0.02826	+0.213%	$396K	$76K	30x	as long as short
Bitget ENJUSDT	+0.0100%	4h	0.02823	+0.106%	$711K	$254K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02824	+0.142%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02821	+0.020%	$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	0.02823	+0.121%	$4K	$220K	5x	as long as short
BloFin ENJ-USDTlong	+0.0119%	4h	0.02820	long leg	$133K	$60K	50x
Kraken Futures PF_ENJUSDshort	+0.5551%	1h	0.02842	+0.797%	$26K	$8K	20x