Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Extended+0.007%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$705as in the Funding arb table

Net, price: spread back to 7d avg − costs−$685as in the Price arb table

costs, in and out, $10k−$6776.773% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.278%−$28 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.007%, 7d avg +0.083%

Together, before fees−0.245%+ Points / potential airdropExtended: Active · farm board−$24 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 0.075% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02811	0.0104	pay 0.0013% / 1h	36m 48s	$2K	$191K	5x
Short	KuCoin ENJUSDTM	0.02811	0.0100	get 0.0050% / 4h	36m 48s	$395K	$70K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$0.84
Price spread: +0.007% → +0.083%: −$7.54
Slippage, 4 orders: −$660.26
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$685.64
Costs to cover: 6.773%
Break-even: never at this rate

Slippage from Extended: live order book, 19 min ago; KuCoin: live order book, 45 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 Extended live order book, 19 min ago	3.90 bp	40.3 bp −$40	272.0 bp −$2,720	doesn't fit	doesn't fit
Sell KuCoin live order book, 45 min ago	14.09 bp	378.5 bp −$378	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	+0.0053%	4h	0.02807	−0.135%	$133K	$102K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02810	−0.036%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02811	−0.006%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02809	−0.060%	$949K	$621K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02812	+0.043%	$292K	$452K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02810	−0.028%	$108K	$34K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02810	−0.028%	$2.0M	$835K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02811	+0.007%	$395K	$70K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02810	−0.028%	$709K	$264K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02812	+0.043%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENJ	+0.0100%	8h	0.02806	−0.154%	$3K	$18K	—	as long as short
Extended ENJ-USDlong	+0.0104%	1h	0.02811	long leg	$2K	$191K	5x
Kraken Futures PF_ENJUSD	+0.5540%	1h	0.02830	+0.680%	$26K	$8K	20x	as long as short