Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against BloFin+0.010%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$3603.602% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.010%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENSO-USDT | 1.0070 | 0.0156 | pay 0.0078% / 4h | 2h 50m | $271K | $9K | 50x |
| Short | KuCoin ENSOUSDTM | 1.0071 | 0.0100 | get 0.0050% / 4h | 2h 50m | $936K | $59K | 30x |
BloFin ENSO-USDT
KuCoin ENSOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$11.69
- Price spread: +0.010% → +0.060%
- −$5.04
- Slippage, 4 orders
- −$336.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$376.98
- Costs to cover
- 3.602%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 38 min ago; KuCoin: live order book, 54 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, 38 min ago | 0.50 bp | 20.7 bp −$21 | 73.0 bp −$730 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 8.46 bp | 176.7 bp −$177 | 691.3 bp −$6,913 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ENSOUSDT | +0.0100% | 4h | 1.0076 | +0.059% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0080 | +0.100% | $5.6M | $5.8M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0066 | −0.040% | $1.8M | $1.2M | 25x | as long as short |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0066 | −0.040% | $960K | $1.8M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0070 | 0.000% | $317K | $63K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0075 | +0.050% | $688K | $186K | 20x | as long as short |
| KuCoin ENSOUSDTMshort | +0.0100% | 4h | 1.0071 | +0.010% | $936K | $59K | 30x | |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0068 | −0.020% | $869K | $604K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0068 | −0.020% | — | $6.6M | — | as long as short |
| Variational Omni ENSO | +0.0100% | 4h | 1.0060 | −0.102% | $27K | $34K | — | as long as short |
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
OKX ENSO-USDT-SWAP
Gate ENSO_USDT
MEXC ENSO_USDT
Bitget ENSOUSDT
BingX ENSO-USDT
Variational Omni ENSOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENSO-USDTlong | +0.0156% | 4h | 1.0070 | long leg | $271K | $9K | 50x |