Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against BingX−0.140%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.239%+$24 · spread now −0.140%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.181% cheaper against BingX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ENSO-USDT | 0.9984 | 0.0100 | pay 0.0050% / 4h | 27m 02s | — | $6.6M | — |
| Short | OKX ENSO-USDT-SWAP | 0.9970 | 0.0100 | get 0.0050% / 4h | 27m 02s | $958K | $2.2M | 50x |
BingX ENSO-USDT
OKX ENSO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.140% → +0.041%
- −$18.12
- Slippage, 4 orders
- −$81.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$119.67
- Costs to cover
- 1.016%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; OKX: live order book, 5 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, 10 min ago | 1.51 bp | 19.5 bp −$19 | 80.8 bp −$808 | 990.7 bp −$99.1K | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.51 bp | 27.1 bp −$27 | 119.7 bp −$1,197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENSO-USDT | +0.0046% | 4h | 0.9986 | +0.020% | $270K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 0.9995 | +0.112% | $63K | $4K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 0.9987 | +0.029% | $5.5M | $6.8M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 0.9985 | +0.010% | $1.7M | $1.4M | 25x | as long as short |
| OKX ENSO-USDT-SWAPshort | +0.0100% | 4h | 0.9970 | −0.140% | $958K | $2.2M | 50x | |
| Gate ENSO_USDT | +0.0100% | 4h | 0.9986 | +0.020% | $315K | $102K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 0.9991 | +0.070% | $684K | $192K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 0.9978 | −0.060% | $930K | $63K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 0.9983 | −0.010% | $844K | $731K | 25x | as long as short |
| BingX ENSO-USDTlong | +0.0100% | 4h | 0.9984 | long leg | — | $6.6M | — |
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
Gate ENSO_USDT
MEXC ENSO_USDT
KuCoin ENSOUSDTM
Bitget ENSOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENSO | +0.0100% | 4h | 0.9987 | +0.028% | $26K | $34K | — | as long as short |
Variational Omni ENSO