Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against Bitget−0.049%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1861.855% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.049%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ENSOUSDT | 1.0126 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $890K | $1.0M | 25x |
| Short | Bybit ENSOUSDT | 1.0121 | 0.0100 | get 0.0050% / 4h | 3h 43m | $1.8M | $1.8M | 25x |
Bitget ENSOUSDT
Bybit ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.049% → −0.026%
- −$2.33
- Slippage, 4 orders
- −$162.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$187.84
- Costs to cover
- 1.855%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 3 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 Bitget live order book, 2 min ago | 12.37 bp | 28.0 bp −$28 | 101.1 bp −$1,011 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.46 bp | 54.7 bp −$55 | 542.5 bp −$5,425 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ENSO-USDT-SWAP | −0.0061% | 4h | 1.0098 | −0.277% | $999K | $3.3M | 50x | as long as short |
| Variational Omni ENSO | −0.0047% | 4h | 1.0092 | −0.336% | $28K | $31K | — | as long as short |
| BloFin ENSO-USDT | +0.0050% | 4h | 1.0129 | +0.030% | $278K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0140 | +0.137% | $64K | $5K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0124 | −0.020% | $5.6M | $9.9M | 50x | as long as short |
| Bybit ENSOUSDTshort | +0.0100% | 4h | 1.0121 | −0.049% | $1.8M | $1.8M | 25x | |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0132 | +0.059% | $321K | $118K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0123 | −0.030% | $664K | $241K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0136 | +0.099% | $943K | $88K | 30x | as long as short |
| Bitget ENSOUSDTlong | +0.0100% | 4h | 1.0126 | long leg | $890K | $1.0M | 25x |
OKX ENSO-USDT-SWAP
Variational Omni ENSO
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
Gate ENSO_USDT
MEXC ENSO_USDT
KuCoin ENSOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENSO-USDT | +0.0100% | 4h | 1.0122 | −0.040% | — | $6.7M | — | as long as short |
BingX ENSO-USDT