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

ENSO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.087%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1201.201% 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 7 days−0.118%−$12 · spread now +0.087%, 7d avg +0.012%
Together, before fees−0.118%−$12 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: Binance is 0.075% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ENSOUSDT1.00090.0100pay 0.0050% / 4h1h 44m$839K$780K25x
ShortBinance ENSOUSDT1.00180.0100get 0.0050% / 4h1h 44m$5.5M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.087% → +0.012%
$7.5
Slippage, 4 orders
−$98.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.64
Costs to cover
1.201%
Break-even
never at this rate
Slippage from Bitget: live order book, 37 min ago; Binance: live order book, 10 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 Bitget live order book, 37 min ago9.88 bp38.0 bp −$38176.3 bp −$1,763doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago3.49 bp26.9 bp −$27126.1 bp −$1,261doesn'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
OKX ENSO-USDT-SWAP+0.0077%4h1.0003−0.060%$973K$2.3M50xas long as short
Aster ENSOUSDT+0.0100%4h1.0034+0.250%$64K$4K5xas long as short
Binance ENSOUSDTshort+0.0100%4h1.0018+0.087%$5.5M$7.0M50x
Bybit ENSOUSDT+0.0100%4h1.0011+0.020%$1.8M$1.4M25xas long as short
Gate ENSO_USDT+0.0100%4h1.0019+0.100%$315K$100K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.0017+0.080%$666K$191K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0010+0.010%$932K$63K30xas long as short
Bitget ENSOUSDTlong+0.0100%4h1.0009long leg$839K$780K25x
BingX ENSO-USDT+0.0100%4h1.0014+0.050%$6.6Mas long as short
Variational Omni ENSO+0.0100%4h0.9981−0.282%$28K$31Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENSO-USDT+0.0132%4h1.0006−0.030%$275K$9K50xas long as short