Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against BloFin−0.050%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$900.898% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.050%, 7d avg +0.031%
=Funding pays, the price is against you. BingX is 0.081% cheaper against BloFin than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.031%). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.008% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENSO-USDT | 1.0039 | 0.0081 | pay 0.0040% / 4h | 1h 58m | $269K | $9K | 50x |
| Short | BingX ENSO-USDT | 1.0034 | 0.0100 | get 0.0050% / 4h | 1h 58m | — | $6.6M | — |
BloFin ENSO-USDT
BingX ENSO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $3.99
- Price spread: −0.050% → +0.031%
- −$8.12
- Slippage, 4 orders
- −$67.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.92
- Costs to cover
- 0.898%
- Break-even
- 171.7 days
Slippage from BloFin: live order book, 23 min ago; BingX: live order book, 8 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 BloFin live order book, 23 min ago | 0.50 bp | 13.0 bp −$13 | 58.5 bp −$585 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.48 bp | 28.9 bp −$29 | 93.6 bp −$936 | 821.7 bp −$82.2K | 1264.4 bp −$632.2K |
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-USDTlong | +0.0081% | 4h | 1.0039 | long leg | $269K | $9K | 50x | |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0041 | +0.017% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0046 | +0.065% | $5.5M | $5.8M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0031 | −0.080% | $1.7M | $1.2M | 25x | as long as short |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0032 | −0.070% | $950K | $1.8M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0023 | −0.159% | $314K | $62K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0044 | +0.050% | $683K | $183K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0034 | −0.050% | $933K | $59K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0036 | −0.030% | $866K | $592K | 25x | as long as short |
| BingX ENSO-USDTshort | +0.0100% | 4h | 1.0034 | −0.050% | — | $6.6M | — |
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
OKX ENSO-USDT-SWAP
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 | 1.0043 | +0.036% | $27K | $34K | — | as long as short |
Variational Omni ENSO