Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against BingX+0.106%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$683as in the Funding arb table

Net, price: spread back to 7d avg − costs−$648as in the Price arb table

costs, in and out, $10k−$6526.517% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.310%−$31 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.106%, 7d avg +0.070%

Together, before fees−0.269%−$27 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 0.036% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENJ-USDT	0.02823	0.0100	pay 0.0050% / 4h	3h 48m	—	$2.4M	—
Short	KuCoin ENJUSDTM	0.02826	0.0100	get 0.0050% / 4h	3h 48m	$396K	$76K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → +0.070%: $3.63
Slippage, 4 orders: −$629.69
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$648.07
Costs to cover: 6.517%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 3 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 BingX live order book, 6 min ago	26.53 bp	44.4 bp −$44	74.3 bp −$743	837.2 bp −$83.7K	doesn't fit
Sell KuCoin live order book, 3 min ago	10.62 bp	327.8 bp −$328	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
Aster ENJUSDT	+0.0100%	4h	0.02824	+0.035%	$18K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02825	+0.072%	$3.0M	$3.5M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02823	0.000%	$967K	$596K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02821	−0.071%	$294K	$445K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02825	+0.071%	$110K	$32K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02825	+0.071%	$2.0M	$747K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02826	+0.106%	$396K	$76K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02823	0.000%	$711K	$254K	50x	as long as short
BingX ENJ-USDTlong	+0.0100%	4h	0.02823	long leg	—	$2.4M	—
Variational Omni ENJ	+0.0100%	8h	0.02821	−0.086%	$19K	$2K	—	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	0.02825	+0.080%	$4K	$220K	5x	as long as short
BloFin ENJ-USDT	+0.0119%	4h	0.02820	−0.106%	$133K	$60K	50x	as long as short
Kraken Futures PF_ENJUSD	+0.5548%	1h	0.02844	+0.744%	$26K	$8K	20x	as long as short