Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h −0.032%
Price spread now: Bybit against BloFin+0.010%52s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1531.531% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.010%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENSO-USDT | 1.0057 | 0.0053 | pay 0.0026% / 4h | 2h 38m | $272K | $9K | 50x |
| Short | Bybit ENSOUSDT | 1.0058 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.7M | $1.2M | 25x |
BloFin ENSO-USDT
Bybit ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $9.93
- Price spread: +0.010% → +0.019%
- −$0.91
- Slippage, 4 orders
- −$130.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$144.06
- Costs to cover
- 1.531%
- Break-even
- 108.6 days
Slippage from BloFin: live order book, 51 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 BloFin live order book, 51 min ago | 0.50 bp | 20.7 bp −$21 | 73.0 bp −$730 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.98 bp | 51.9 bp −$52 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENSO-USDTlong | +0.0053% | 4h | 1.0057 | long leg | $272K | $9K | 50x | |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0067 | +0.095% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0062 | +0.049% | $5.6M | $5.8M | 50x | as long as short |
| Bybit ENSOUSDTshort | +0.0100% | 4h | 1.0058 | +0.010% | $1.7M | $1.2M | 25x | |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0046 | −0.109% | $956K | $1.8M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0060 | +0.030% | $316K | $63K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0064 | +0.070% | $687K | $187K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0054 | −0.030% | $935K | $59K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0061 | +0.040% | $868K | $601K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0054 | −0.030% | — | $6.6M | — | as long as short |
Aster ENSOUSDT
Binance ENSOUSDT
OKX ENSO-USDT-SWAP
Gate ENSO_USDT
MEXC ENSO_USDT
KuCoin ENSOUSDTM
Bitget ENSOUSDT
BingX ENSO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENSO | +0.0100% | 4h | 1.0051 | −0.060% | $27K | $34K | — | as long as short |
Variational Omni ENSO