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 +0.039%
Price spread now: Gate against Bybit+0.020%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2672.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)+0.207%+$21 · spread now +0.020%, 7d avg +0.038%
Together, before fees+0.377%+$38 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENSOUSDT1.01120.0100pay 0.0050% / 4h2h 31m$1.8M$1.5M25x
ShortGate ENSO_USDT1.01140.0100get 0.0050% / 4h2h 31m$318K$103K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.020% → +0.038%
−$1.86
Slippage, 4 orders
−$241.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$268.9
Costs to cover
2.670%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 34 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 Bybit live order book, 5 min ago3.47 bp87.6 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 34 min ago9.36 bp47.2 bp −$47doesn't fitdoesn't fitdoesn't fit

ENSO on 10 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+0.0009%4h1.0102−0.099%$987K$2.5M50xas long as short
Aster ENSOUSDT+0.0100%4h1.0123+0.111%$64K$5K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0121+0.090%$5.6M$7.5M50xas long as short
Bybit ENSOUSDTlong+0.0100%4h1.0112long leg$1.8M$1.5M25x
Gate ENSO_USDTshort+0.0100%4h1.0114+0.020%$318K$103K25x
MEXC ENSO_USDT+0.0100%4h1.01120.000%$666K$198K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0107−0.049%$941K$77K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.0117+0.049%$844K$824K25xas long as short
BingX ENSO-USDT+0.0100%4h1.0111−0.010%$6.6Mas long as short
Variational Omni ENSO+0.0100%4h1.0096−0.154%$29K$31Kas long as short