Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Variational Omni−0.094%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.094% cheaper against Variational Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ENJ	0.02829	0.0100	pay 0.0100% / 8h	41m 53s	$19K	$2K	—
Short	KuCoin ENJUSDTM	0.02826	0.0100	get 0.0050% / 4h	41m 53s	$403K	$75K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.094%Rate

Funding earned: $0
Price spread: −0.094% → 0.000%: −$9.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$21.36
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 20 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 20 min ago	19.44 bp	311.6 bp −$312	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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
BloFin ENJ-USDT	+0.0056%	4h	0.02821	−0.270%	$134K	$61K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02823	−0.201%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02820	−0.306%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02819	−0.341%	$963K	$593K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02821	−0.270%	$298K	$444K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02822	−0.235%	$110K	$33K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02821	−0.270%	$2.0M	$751K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02826	−0.094%	$403K	$75K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02821	−0.270%	$711K	$277K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02820	−0.306%	—	$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 ENJlong	+0.0100%	8h	0.02829	long leg	$19K	$2K	—
Extended ENJ-USD	+0.0104%	1h	0.02819	−0.325%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5805%	1h	0.02840	+0.413%	$26K	$8K	20x	as long as short