Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against BingX+0.010%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2022.019% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.010%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.071% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ENSO-USDT | 1.0068 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $6.6M | — |
| Short | Bybit ENSOUSDT | 1.0069 | 0.0100 | get 0.0050% / 4h | 2h 55m | $1.8M | $1.6M | 25x |
BingX ENSO-USDT
Bybit ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.010% → −0.061%
- $7.11
- Slippage, 4 orders
- −$180.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$194.79
- Costs to cover
- 2.019%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 1 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, 11 min ago | 5.42 bp | 20.0 bp −$20 | 79.7 bp −$797 | 849.9 bp −$85.0K | 1260.4 bp −$630.2K |
| Sell Bybit live order book, 1 min ago | 4.47 bp | 77.4 bp −$77 | 636.7 bp −$6,367 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ENSO-USDT-SWAP | −0.0070% | 4h | 1.0064 | −0.040% | $985K | $2.6M | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0090 | +0.223% | $64K | $5K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0076 | +0.079% | $5.6M | $7.8M | 50x | as long as short |
| Bybit ENSOUSDTshort | +0.0100% | 4h | 1.0069 | +0.010% | $1.8M | $1.6M | 25x | |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0083 | +0.149% | $320K | $101K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0078 | +0.099% | $666K | $196K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0090 | +0.219% | $939K | $82K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0087 | +0.189% | $843K | $853K | 25x | as long as short |
| BingX ENSO-USDTlong | +0.0100% | 4h | 1.0068 | long leg | — | $6.6M | — | |
| Variational Omni ENSO | +0.0100% | 4h | 1.0049 | −0.189% | $29K | $31K | — | as long as short |
OKX ENSO-USDT-SWAP
Aster ENSOUSDT
Binance ENSOUSDT
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-USDT | +0.0137% | 4h | 1.0145 | +0.765% | $277K | $9K | 50x | as long as short |
BloFin ENSO-USDT