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

ENJ

all ENJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.106%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$433as in the Price arb table
costs, in and out, $10k−$4174.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.106%, 7d avg +0.055%
Together, before fees−0.172%−$17 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 0.161% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENJ_USDT0.028310.0100pay 0.0050% / 4h2h 56m$1.7M$854K75x
ShortKuCoin ENJUSDTM0.028280.0100get 0.0050% / 4h2h 56m$395K$61K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
Price spread: −0.106% → +0.055%
−$16.12
Slippage, 4 orders
−$400.69
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$432.81
Costs to cover
4.167%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 26 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 MEXC live order book, 5 min ago1.77 bp18.3 bp −$1853.8 bp −$538150.3 bp −$15.0Kdoesn't fit
Sell KuCoin live order book, 26 min ago7.11 bp169.8 bp −$170doesn'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−0.0325%1h0.02830−0.034%$24K$13K20xas long as short
BloFin ENJ-USDT+0.0091%4h0.02822−0.318%$130K$96K50xas long as short
Aster ENJUSDT+0.0100%4h0.02830−0.018%$18K$8K5xas long as short
Binance ENJUSDT+0.0100%4h0.02831−0.009%$3.0M$3.5M50xas long as short
Bybit ENJUSDT+0.0100%8h0.02828−0.106%$943K$542K25xas long as short
OKX ENJ-USDT-SWAP+0.0100%4h0.02826−0.177%$290K$378K10xas long as short
Gate ENJ_USDT+0.0100%4h0.02828−0.106%$110K$37K25xas long as short
MEXC ENJ_USDTlong+0.0100%4h0.02831long leg$1.7M$854K75x
KuCoin ENJUSDTMshort+0.0100%4h0.02828−0.106%$395K$61K30x
Bitget ENJUSDT+0.0100%4h0.02830−0.035%$713K$244K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ENJ-USDT+0.0100%4h0.02819−0.424%$2.4Mas long as short
Variational Omni ENJ+0.0100%8h0.02818−0.460%$2K$19Kas long as short
Extended ENJ-USD+0.0104%1h0.02830−0.051%$113$288K5xas long as short