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

ENSO

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SwapBacktest
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: Binance against BingX+0.100%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1071.068% 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−0.169%−$17 · spread now +0.100%, 7d avg −0.024%
Together, before fees−0.169%−$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: Binance is 0.125% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENSO-USDT1.01110.0100pay 0.0050% / 4h2h 31m$6.6M
ShortBinance ENSOUSDT1.01210.0100get 0.0050% / 4h2h 31m$5.6M$7.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.100% → −0.024%
$12.46
Slippage, 4 orders
−$86.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$94.35
Costs to cover
1.068%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 8 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 BingX live order book, 11 min ago5.97 bp27.1 bp −$2790.7 bp −$9071018.7 bp −$101.9Kdoesn't fit
Sell Binance live order book, 8 min ago1.49 bp27.6 bp −$28134.1 bp −$1,341doesn't fitdoesn't fit

ENSO on 10 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+0.0009%4h1.0102−0.089%$987K$2.5M50xas long as short
Aster ENSOUSDT+0.0100%4h1.0123+0.121%$64K$5K5xas long as short
Binance ENSOUSDTshort+0.0100%4h1.0121+0.100%$5.6M$7.5M50x
Bybit ENSOUSDT+0.0100%4h1.0112+0.010%$1.8M$1.5M25xas long as short
Gate ENSO_USDT+0.0100%4h1.0114+0.030%$318K$103K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.0112+0.010%$666K$198K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0107−0.040%$941K$77K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.0117+0.059%$844K$824K25xas long as short
BingX ENSO-USDTlong+0.0100%4h1.0111long leg$6.6M
Variational Omni ENSO+0.0100%4h1.0096−0.144%$29K$31Kas long as short