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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BloFin+0.143%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$479as in the Price arb table
costs, in and out, $10k−$4894.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.258%−$26 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.143%, 7d avg +0.043%
Together, before fees−0.371%−$37 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 0.100% dearer against BloFin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENJ-USDT0.027910.0102pay 0.0051% / 4h9m 20s$129K$101K50x
ShortKuCoin ENJUSDTM0.027950.0100get 0.0050% / 4h9m 20s$392K$67K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$0.49
Price spread: +0.143% → +0.043%
$10
Slippage, 4 orders
−$465.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$479.52
Costs to cover
4.890%
Break-even
never at this rate
Slippage from BloFin: live order book, 52 min ago; KuCoin: live order book, 24 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 BloFin live order book, 52 min ago1.80 bp17.4 bp −$1744.7 bp −$447doesn't fitdoesn't fit
Sell KuCoin live order book, 24 min ago8.97 bp232.1 bp −$232doesn't fitdoesn'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
Kraken Futures PF_ENJUSD+0.0042%1h0.02794+0.094%$24K$13K20xas long as short
Aster ENJUSDT+0.0100%4h0.02792+0.029%$17K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02792+0.036%$3.0M$3.6M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02789−0.072%$932K$552K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02795+0.143%$290K$381K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02788−0.107%$109K$37K25xas long as short
MEXC ENJ_USDT+0.0100%4h0.02792+0.036%$1.7M$874K75xas long as short
KuCoin ENJUSDTMshort+0.0100%4h0.02795+0.143%$392K$67K30x
Bitget ENJUSDT+0.0100%4h0.027910.000%$703K$258K50xas long as short
Variational Omni ENJ+0.0100%8h0.02786−0.174%$2K$19Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENJ-USDTlong+0.0102%4h0.02791long leg$129K$101K50x
Extended ENJ-USD+0.0104%1h0.02791+0.013%$4K$287K5xas long as short
BingX ENJ-USDT+0.0200%4h0.02788−0.107%$2.4Mas long as short