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

ENSO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.079%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$940.943% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.108%+$11 · spread now −0.079%, 7d avg −0.011%
Together, before fees+0.108%+$11 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: Bitget is 0.068% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ENSOUSDT1.01520.0100pay 0.0050% / 4h3h 43m$5.6M$9.8M50x
ShortBitget ENSOUSDT1.01440.0100get 0.0050% / 4h3h 43m$892K$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.079% → −0.011%
−$6.8
Slippage, 4 orders
−$72.31
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.11
Costs to cover
0.943%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 3 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 Binance live order book, 12 min ago1.97 bp19.8 bp −$2089.4 bp −$894doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago12.37 bp26.2 bp −$2693.6 bp −$936doesn't fitdoesn't fit

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
OKX ENSO-USDT-SWAP−0.0061%4h1.0134−0.177%$1.0M$3.4M50xas long as short
Variational Omni ENSO−0.0047%4h1.0092−0.592%$28K$31Kas long as short
BloFin ENSO-USDT+0.0050%4h1.0129−0.227%$278K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h1.0142−0.099%$64K$5K5xas long as short
Binance ENSOUSDTlong+0.0100%4h1.0152long leg$5.6M$9.8M50x
Bybit ENSOUSDT+0.0100%4h1.0145−0.069%$1.8M$1.8M25xas long as short
Gate ENSO_USDT+0.0100%4h1.0147−0.049%$322K$118K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.0149−0.030%$665K$241K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0136−0.158%$943K$88K30xas long as short
Bitget ENSOUSDTshort+0.0100%4h1.0144−0.079%$892K$1.0M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ENSO-USDT+0.0100%4h1.0144−0.079%$6.7Mas long as short