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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against BloFin+0.071%95s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$619as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5935.929% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.262%−$26 on $10k
Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.071%, 7d avg +0.042%
Together, before fees−0.289%−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.262%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.028320.0085pay 0.0042% / 4h3h 21m$134K$59K50x
ShortKuCoin ENJUSDTM0.028340.0100get 0.0050% / 4h3h 21m$397K$75K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$3.22
Price spread: +0.071% → +0.042%
$2.89
Slippage, 4 orders
−$568.94
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$586.82
Costs to cover
5.929%
Break-even
1280.9 days
Slippage from BloFin: live order book, 34 min ago; KuCoin: live order book, 30 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 BloFin live order book, 34 min ago1.77 bp20.0 bp −$2051.2 bp −$512doesn't fitdoesn't fit
Sell KuCoin live order book, 30 min ago10.62 bp327.8 bp −$328doesn'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
BloFin ENJ-USDTlong+0.0085%4h0.02832long leg$134K$59K50x
Aster ENJUSDT+0.0100%4h0.02833+0.044%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02831−0.052%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02831−0.053%$968K$595K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02830−0.071%$295K$441K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02833+0.035%$110K$32K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02831−0.035%$2.0M$748K75xas long as short
KuCoin ENJUSDTMshort+0.0100%4h0.02834+0.071%$397K$75K30x
Bitget ENJUSDT+0.0100%4h0.02830−0.071%$713K$244K50xas long as short
BingX ENJ-USDT+0.0100%4h0.028320.000%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENJ+0.0100%8h0.02834+0.072%$19K$2Kas long as short
Extended ENJ-USD+0.0104%1h0.02831−0.038%$4K$198K5xas long as short
Kraken Futures PF_ENJUSD+0.5532%1h0.02852+0.716%$26K$8K20xas long as short