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

ENSO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.040%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1371.373% 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 4 days (all we have)+0.047%+$5 · spread now −0.040%, 7d avg +0.011%
Together, before fees+0.047%+$5 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: Gate is 0.051% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENSO-USDT1.00500.0100pay 0.0050% / 4h3h 33m$6.6M
ShortGate ENSO_USDT1.00460.0100get 0.0050% / 4h3h 33m$316K$75K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.040% → +0.011%
−$5.06
Slippage, 4 orders
−$112.28
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$142.34
Costs to cover
1.373%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 16 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, 3 min ago4.98 bp22.5 bp −$2384.9 bp −$849doesn't fitdoesn't fit
Sell Gate live order book, 16 min ago15.49 bp37.7 bp −$38doesn't fitdoesn'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
BloFin ENSO-USDT+0.0084%4h1.0062+0.119%$271K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h1.0056+0.056%$64K$3K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0046−0.040%$5.5M$6.0M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.00500.000%$1.8M$1.2M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0037−0.129%$957K$1.8M50xas long as short
Gate ENSO_USDTshort+0.0100%4h1.0046−0.040%$316K$75K25x
MEXC ENSO_USDT+0.0100%4h1.0046−0.040%$687K$193K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0048−0.020%$935K$58K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.0047−0.030%$857K$608K25xas long as short
BingX ENSO-USDTlong+0.0100%4h1.0050long leg$6.6M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0055+0.047%$27K$34Kas long as short