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

ENSO

all ENSO markets
SwapBacktest
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: BingX against Bitget+0.020%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1111.114% 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+0.071%+$7 · spread now +0.020%, 7d avg +0.036%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ENSOUSDT1.00480.0100pay 0.0050% / 4h3h 32m$858K$608K25x
ShortBingX ENSO-USDT1.00500.0100get 0.0050% / 4h3h 32m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.020% → +0.036%
−$1.66
Slippage, 4 orders
−$89.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.01
Costs to cover
1.114%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; BingX: live order book, 4 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, 38 min ago9.47 bp33.5 bp −$34220.0 bp −$2,200doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.98 bp33.4 bp −$3392.9 bp −$929880.2 bp −$88.0K1317.7 bp −$658.8K

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+0.0053%4h1.0042−0.060%$271K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h1.0055+0.072%$64K$3K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0050+0.020%$5.5M$6.0M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.00480.000%$1.8M$1.2M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0037−0.109%$957K$1.8M50xas long as short
Gate ENSO_USDT+0.0100%4h1.0044−0.040%$316K$75K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.00480.000%$687K$193K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0046−0.020%$935K$58K30xas long as short
Bitget ENSOUSDTlong+0.0100%4h1.0048long leg$858K$608K25x
BingX ENSO-USDTshort+0.0100%4h1.0050+0.020%$6.6M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0055+0.067%$27K$34Kas long as short