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: KuCoin against Bitget+0.050%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$537as in the Price arb table
costs, in and out, $10k−$5385.377% 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)+0.058%+$6 · spread now +0.050%, 7d avg +0.044%
Together, before fees+0.058%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ENSOUSDT1.00810.0100pay 0.0050% / 4h2h 49m$846K$837K25x
ShortKuCoin ENSOUSDTM1.00860.0100get 0.0050% / 4h2h 49m$939K$81K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.050% → +0.044%
$0.6
Slippage, 4 orders
−$513.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$537.08
Costs to cover
5.377%
Break-even
never at this rate
Slippage from Bitget: live order book, 37 min ago; KuCoin: 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 ago7.42 bp24.8 bp −$25108.1 bp −$1,081doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago30.62 bp221.3 bp −$221665.4 bp −$6,654doesn'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−0.0048%4h1.0064−0.169%$985K$2.5M50xas long as short
Aster ENSOUSDT+0.0100%4h1.0090+0.088%$64K$5K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0076−0.050%$5.6M$7.7M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.0076−0.050%$1.8M$1.6M25xas long as short
Gate ENSO_USDT+0.0100%4h1.0092+0.109%$320K$102K25xas long as short
MEXC ENSO_USDT+0.0100%4h1.0071−0.099%$664K$197K20xas long as short
KuCoin ENSOUSDTMshort+0.0100%4h1.0086+0.050%$939K$81K30x
Bitget ENSOUSDTlong+0.0100%4h1.0081long leg$846K$837K25x
BingX ENSO-USDT+0.0100%4h1.0075−0.060%$6.6Mas long as short
Variational Omni ENSO+0.0100%4h1.0089+0.079%$29K$31Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENSO-USDT+0.0100%4h1.0077−0.040%$276K$9K50xas long as short