Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX−0.010%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.010%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.021% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ENSO-USDT | 0.9963 | 0.0100 | pay 0.0050% / 4h | 50m 58s | — | $6.6M | — |
| Short | BloFin ENSO-USDT | 0.9962 | 0.0125 | get 0.0063% / 4h | 50m 58s | $274K | $9K | 50x |
BingX ENSO-USDT
BloFin ENSO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $5.32
- Price spread: −0.010% → −0.031%
- $2.07
- Slippage, 4 orders
- −$82.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.99
- Costs to cover
- 1.044%
- Break-even
- 134.6 days
Slippage from BingX: live order book, 16 min ago; BloFin: live order book, 48 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 BingX live order book, 16 min ago | 6.97 bp | 27.5 bp −$27 | 86.7 bp −$867 | 902.1 bp −$90.2K | doesn't fit |
| Sell BloFin live order book, 48 min ago | 5.99 bp | 28.3 bp −$28 | 74.2 bp −$742 | doesn't fit | doesn't fit |
ENSO on 11 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ENSOUSDT | +0.0100% | 4h | 0.9968 | +0.050% | $63K | $4K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 0.9963 | 0.000% | $5.5M | $6.8M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 0.9964 | +0.010% | $1.8M | $1.4M | 25x | as long as short |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 0.9960 | −0.030% | $962K | $2.2M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 0.9975 | +0.120% | $313K | $101K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 0.9966 | +0.030% | $686K | $188K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 0.9981 | +0.181% | $930K | $62K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 0.9966 | +0.030% | $843K | $725K | 25x | as long as short |
| BingX ENSO-USDTlong | +0.0100% | 4h | 0.9963 | long leg | — | $6.6M | — | |
| Variational Omni ENSO | +0.0100% | 4h | 0.9956 | −0.068% | $26K | $34K | — | as long as short |
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
OKX ENSO-USDT-SWAP
Gate ENSO_USDT
MEXC ENSO_USDT
KuCoin ENSOUSDTM
Bitget ENSOUSDT
Variational Omni ENSOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENSO-USDTshort | +0.0125% | 4h | 0.9962 | −0.010% | $274K | $9K | 50x |