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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin0.000%110s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$545as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5725.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.274%+$27 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg −0.042%
Together, before fees+0.256%+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.042%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ENJUSDTM0.028170.0100pay 0.0050% / 4h13m 33s$403K$75K30x
ShortBloFin ENJ-USDT0.028170.0129get 0.0064% / 4h13m 33s$134K$60K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$6.06
Price spread: 0.000% → −0.042%
$4.18
Slippage, 4 orders
−$548.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$561.79
Costs to cover
5.720%
Break-even
656.2 days
Slippage from KuCoin: live order book, 48 min ago; BloFin: live order book, 47 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 KuCoin live order book, 48 min ago19.44 bp229.9 bp −$230doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 47 min ago3.54 bp18.3 bp −$1845.5 bp −$455doesn'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%4h0.02815−0.079%$18K$5K5xas long as short
Binance ENJUSDT+0.0100%4h0.02813−0.142%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02812−0.177%$961K$592K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02814−0.106%$297K$443K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02812−0.177%$109K$33K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02813−0.142%$2.0M$755K75xas long as short
KuCoin ENJUSDTMlong+0.0100%4h0.02817long leg$403K$75K30x
Bitget ENJUSDT+0.0100%4h0.02813−0.142%$709K$278K50xas long as short
BingX ENJ-USDT+0.0100%4h0.02813−0.142%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02814−0.103%$19K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENJ-USD+0.0104%1h0.02812−0.162%$1K$220K5xas long as short
BloFin ENJ-USDTshort+0.0129%4h0.028170.000%$134K$60K50x
Kraken Futures PF_ENJUSD+0.5818%1h0.02834+0.602%$26K$8K20xas long as short