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 Binance+0.070%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$377as in the Funding arb table
Net, price: spread back to 7d avg − costs−$375as in the Price arb table
costs, in and out, $10k−$3773.771% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now +0.070%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ENSOUSDT | 1.0020 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $5.5M | $5.0M | 50x |
| Short | KuCoin ENSOUSDTM | 1.0027 | 0.0100 | get 0.0050% / 4h | 2h 21m | $890K | $65K | 30x |
Binance ENSOUSDT
KuCoin ENSOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $0
- Price spread: +0.070% → +0.047%
- $2.33
- Slippage, 4 orders
- −$355.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$374.75
- Costs to cover
- 3.771%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 0.50 bp | 20.6 bp −$21 | 160.1 bp −$1,601 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 12.51 bp | 175.9 bp −$176 | 586.9 bp −$5,869 | doesn't fit | doesn't fit |
ENSO on 11 exchanges
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 ENSO-USDT | +0.0068% | 4h | 1.0048 | +0.279% | $268K | $8K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0030 | +0.103% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDTlong | +0.0100% | 4h | 1.0020 | long leg | $5.5M | $5.0M | 50x | |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0017 | −0.030% | $1.7M | $1.0M | 25x | as long as short |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0007 | −0.130% | $931K | $1.5M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0023 | +0.030% | $294K | $60K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0019 | −0.010% | $681K | $182K | 20x | as long as short |
| KuCoin ENSOUSDTMshort | +0.0100% | 4h | 1.0027 | +0.070% | $890K | $65K | 30x | |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0013 | −0.070% | $842K | $462K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0013 | −0.070% | — | $6.6M | — | as long as short |
BloFin ENSO-USDT
Aster ENSOUSDT
Bybit ENSOUSDT
OKX ENSO-USDT-SWAP
Gate ENSO_USDT
MEXC ENSO_USDT
Bitget ENSOUSDT
BingX ENSO-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENSO | +0.0100% | 4h | 1.0027 | +0.074% | $26K | $28K | — | as long as short |
Variational Omni ENSO