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

Price spread now: KuCoin against Gate0.000%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,112as in the Price arb table

costs, in and out, $10k−$1,10711.070% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now 0.000%, 7d avg +0.054%

Together, before fees−0.208%−$21 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 0.054% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENJ_USDT	0.02818	0.0100	pay 0.0050% / 4h	3h 32m	$111K	$31K	25x
Short	KuCoin ENJUSDTM	0.02818	0.0100	get 0.0050% / 4h	3h 32m	$397K	$76K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.054%: −$5.39
Slippage, 4 orders: −$1,080
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,112.38
Costs to cover: 11.070%
Break-even: never at this rate

Slippage from Gate: live order book, 11 min ago; KuCoin: live order book, 9 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 Gate live order book, 11 min ago	32.10 bp	243.8 bp −$244	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	12.48 bp	415.0 bp −$415	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	+0.0072%	4h	0.02819	+0.035%	$137K	$44K	50x	as long as short
Aster ENJUSDT	+0.0100%	4h	0.02819	+0.030%	$18K	$3K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02820	+0.054%	$3.0M	$3.1M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02816	−0.064%	$959K	$569K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02818	0.000%	$295K	$425K	10x	as long as short
Gate ENJ_USDTlong	+0.0100%	4h	0.02818	long leg	$111K	$31K	25x
MEXC ENJ_USDT	+0.0100%	4h	0.02820	+0.071%	$2.0M	$785K	75x	as long as short
KuCoin ENJUSDTMshort	+0.0100%	4h	0.02818	0.000%	$397K	$76K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02818	0.000%	$702K	$260K	50x	as long as short
BingX ENJ-USDT	+0.0100%	4h	0.02812	−0.213%	—	$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 ENJ	+0.0100%	8h	0.02812	−0.211%	$19K	$2K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02818	+0.014%	$1K	$220K	5x	as long as short
Kraken Futures PF_ENJUSD	+0.5757%	1h	0.02837	+0.670%	$25K	$13K	20x	as long as short