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

ENSO

all ENSO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.2% APRnext payment $0.24 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Aster−0.214%112s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.214% cheaper against Aster than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ENSOUSDT1.00640.0100pay 0.0050% / 4h3h 31m$64K$3K5x
ShortBloFin ENSO-USDT1.00420.0053get 0.0026% / 4h3h 31m$271K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$9.96
Price spread: −0.214% → 0.000%
−$21.45
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$51.41
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 63 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BloFin live order book, 63 min ago1.50 bp23.3 bp −$2370.4 bp −$704doesn't fitdoesn't fit
Aster: 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.

ENSO on 11 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
BloFin ENSO-USDTshort+0.0053%4h1.0042−0.214%$271K$9K50x
Aster ENSOUSDTlong+0.0100%4h1.0064long leg$64K$3K5x
Binance ENSOUSDT+0.0100%4h1.0062−0.015%$5.6M$6.0M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.0060−0.036%$1.8M$1.2M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0050−0.135%$956K$1.8M50xas long as short
Gate ENSO_USDT+0.0100%4h1.0054−0.095%$316K$75K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.0063−0.006%$688K$193K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0058−0.055%$936K$58K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.0064+0.004%$859K$608K25xas long as short
BingX ENSO-USDT+0.0100%4h1.0063−0.006%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0055−0.088%$27K$34Kas long as short