Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Extended+0.110%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$477as in the Funding arb table

Net, price: spread back to 7d avg − costs−$449as in the Price arb table

costs, in and out, $10k−$4524.521% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.110%, 7d avg +0.083%

Together, before fees−0.444%+ Points / potential airdropExtended: Active · farm board−$44 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 0.026% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENJ-USD	0.02817	0.0104	pay 0.0013% / 1h	20m 55s	$4K	$289K	5x
Short	KuCoin ENJUSDTM	0.02820	0.0100	get 0.0050% / 4h	3h 20m	$394K	$63K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$0.84
Price spread: +0.110% → +0.083%: $2.64
Slippage, 4 orders: −$435.11
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$450.3
Costs to cover: 4.521%
Break-even: never at this rate

Slippage from Extended: live order book, 11 min ago; KuCoin: live order book, 2 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 Extended live order book, 11 min ago	4.13 bp	35.4 bp −$35	248.9 bp −$2,489	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.11 bp	169.8 bp −$170	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	0.02819	+0.089%	$18K	$8K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02815	−0.064%	$3.0M	$3.6M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02815	−0.057%	$939K	$554K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02819	+0.074%	$289K	$387K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02818	+0.039%	$110K	$37K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02816	−0.032%	$1.7M	$892K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02820	+0.110%	$394K	$63K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02818	+0.039%	$710K	$247K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02819	+0.074%	—	$2.4M	—	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02813	−0.153%	$2K	$19K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ENJUSD	+0.0101%	1h	0.02820	+0.103%	$24K	$13K	20x	as long as short
Extended ENJ-USDlong	+0.0104%	1h	0.02817	long leg	$4K	$289K	5x
BloFin ENJ-USDT	+0.0140%	4h	0.02812	−0.174%	$131K	$102K	50x	as long as short