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

ENSO

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Alert: funding
Alert: spread
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 BingX−0.050%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$3783.779% 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)+0.060%+$6 · spread now −0.050%, 7d avg +0.029%
Together, before fees+0.060%+$6 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: KuCoin is 0.079% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENSO-USDT1.00680.0100pay 0.0050% / 4h3h 14m$6.6M
ShortKuCoin ENSOUSDTM1.00630.0100get 0.0050% / 4h3h 14m$879K$67K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.050% → +0.029%
−$7.89
Slippage, 4 orders
−$355.88
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$385.77
Costs to cover
3.779%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 70 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, 8 min ago3.48 bp22.5 bp −$2383.0 bp −$830doesn't fitdoesn't fit
Sell KuCoin live order book, 70 min ago9.54 bp187.0 bp −$187611.6 bp −$6,116doesn'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
Aster ENSOUSDT+0.0100%4h1.0065−0.032%$64K$3K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0075+0.066%$5.6M$5.4M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.0073+0.050%$1.7M$1.1M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0063−0.050%$935K$1.6M50xas long as short
Gate ENSO_USDT+0.0100%4h1.0067−0.010%$295K$66K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.0074+0.060%$692K$191K20xas long as short
KuCoin ENSOUSDTMshort+0.0100%4h1.0063−0.050%$879K$67K30x
Bitget ENSOUSDT+0.0100%4h1.0070+0.020%$852K$541K25xas long as short
BingX ENSO-USDTlong+0.0100%4h1.0068long leg$6.6M
Variational Omni ENSO+0.0100%4h1.0063−0.054%$26K$32Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENSO-USDT+0.0101%4h1.0062−0.060%$268K$9K50xas long as short