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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.179%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$720as in the Funding arb table

Net, price: spread back to 7d avg − costs−$682as in the Price arb table

costs, in and out, $10k−$6946.939% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.262%−$26 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.179%, 7d avg +0.060%

Together, before fees−0.342%−$34 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 0.119% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENJUSDT	0.02800	0.0100	pay 0.0050% / 4h	3h 19m	$690K	$263K	50x
Short	KuCoin ENJUSDTM	0.02805	0.0100	get 0.0050% / 4h	3h 19m	$395K	$69K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.179%Rate

Funding earned: $0
Price spread: +0.179% → +0.060%: $11.87
Slippage, 4 orders: −$669.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$681.98
Costs to cover: 6.939%
Break-even: never at this rate

Slippage from Bitget: live order book, 31 min ago; KuCoin: live order book, 53 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 Bitget live order book, 31 min ago	1.77 bp	23.7 bp −$24	82.0 bp −$820	doesn't fit	doesn't fit
Sell KuCoin live order book, 53 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	+0.0061%	4h	0.02802	+0.071%	$132K	$101K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02803	+0.116%	$17K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02803	+0.121%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02801	+0.032%	$940K	$614K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02801	+0.036%	$292K	$411K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02804	+0.143%	$108K	$36K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02803	+0.107%	$1.9M	$846K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02805	+0.179%	$395K	$69K	30x
Bitget ENJUSDTlong	+0.0100%	4h	0.02800	long leg	$690K	$263K	50x
Variational Omni ENJ	+0.0100%	8h	0.02799	−0.035%	$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	0.02803	+0.105%	$3K	$149K	5x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02801	+0.036%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSD	+0.6150%	1h	0.02823	+0.830%	$26K	$8K	20x	as long as short