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: KuCoin against Bybit+0.074%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$759as in the Funding arb table

Net, price: spread back to 7d avg − costs−$738as in the Price arb table

costs, in and out, $10k−$7347.339% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.253%−$25 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.074%, 7d avg +0.120%

Together, before fees−0.221%−$22 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 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.120%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENJUSDT	0.02821	0.0100	pay 0.0100% / 8h	3h 43m	$957K	$599K	25x
Short	KuCoin ENJUSDTM	0.02823	0.0100	get 0.0050% / 4h	3h 43m	$397K	$68K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.074%Rate

Funding earned: $0
Price spread: +0.074% → +0.120%: −$4.59
Slippage, 4 orders: −$710.88
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$738.47
Costs to cover: 7.339%
Break-even: never at this rate

Slippage from Bybit: live order book, 7 min ago; KuCoin: live order book, 29 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 Bybit live order book, 7 min ago	5.32 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 29 min ago	14.17 bp	408.7 bp −$409	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
BloFin ENJ-USDT	+0.0052%	4h	0.02825	+0.145%	$132K	$102K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02824	+0.118%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02822	+0.035%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDTlong	+0.0100%	8h	0.02821	long leg	$957K	$599K	25x
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02823	+0.074%	$294K	$416K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02824	+0.110%	$109K	$34K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02823	+0.074%	$1.9M	$844K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02823	+0.074%	$397K	$68K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02822	+0.039%	$696K	$262K	50x	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02820	−0.049%	$3K	$19K	—	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	0.02821	+0.020%	$3K	$192K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02823	+0.074%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.6107%	1h	0.02843	+0.787%	$26K	$8K	20x	as long as short