Funding you earn now, next payment 06:00 UTC−0.6122%/8h= −670.4% APRpaid last 24h −0.384%
Price spread now: Bybit against Kraken Futures−0.714%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$184 a day on $10k at the current rate, and Bybit is 0.714% cheaper against Kraken Futures than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ENJUSD | 0.02811 | 0.6222 | pay 0.0778% / 1h | 48m 22s | $25K | $8K | 20x |
| Short | Bybit ENJUSDT | 0.02791 | 0.0100 | get 0.0100% / 8h | 2h 48m | $937K | $540K | 25x |
Kraken Futures PF_ENJUSD
Bybit ENJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1,285.7
- Price spread: −0.714% → 0.000%
- −$71.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,378.11
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 62 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 62 min ago | 5.32 bp | 44.4 bp −$44 | 298.9 bp −$2,989 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.02793 | −0.630% | $17K | $5K | 5x | as long as short |
| Binance ENJUSDT | +0.0100% | 4h | 0.02794 | −0.605% | $3.0M | $3.4M | 50x | as long as short |
| Bybit ENJUSDTshort | +0.0100% | 8h | 0.02791 | −0.714% | $937K | $540K | 25x | |
| OKX ENJ-USDT-SWAP | +0.0100% | 4h | 0.02794 | −0.607% | $292K | $393K | 10x | as long as short |
| Gate ENJ_USDT | +0.0100% | 4h | 0.02792 | −0.679% | $107K | $34K | 25x | as long as short |
| MEXC ENJ_USDT | +0.0100% | 4h | 0.02793 | −0.643% | $1.9M | $844K | 75x | as long as short |
| KuCoin ENJUSDTM | +0.0100% | 4h | 0.02794 | −0.607% | $392K | $68K | 30x | as long as short |
| Bitget ENJUSDT | +0.0100% | 4h | 0.02792 | −0.679% | $687K | $262K | 50x | as long as short |
| Variational Omni ENJ | +0.0100% | 8h | 0.02789 | −0.803% | $1K | $20K | — | as long as short |
| Extended ENJ-USD | +0.0104% | 1h | 0.02792 | −0.675% | $2K | $276K | 5x | as long as short |
Aster ENJUSDT
Binance ENJUSDT
OKX ENJ-USDT-SWAP
Gate ENJ_USDT
MEXC ENJ_USDT
KuCoin ENJUSDTM
Bitget ENJUSDT
Variational Omni ENJ
Extended ENJ-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENJ-USDT | +0.0108% | 4h | 0.02791 | −0.714% | $131K | $101K | 50x | as long as short |
| BingX ENJ-USDT | +0.0200% | 4h | 0.02796 | −0.536% | — | $2.4M | — | as long as short |
| Kraken Futures PF_ENJUSDlong | +0.6222% | 1h | 0.02811 | long leg | $25K | $8K | 20x |
BloFin ENJ-USDT
BingX ENJ-USDT