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: KuCoin against Bybit−0.039%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$521as in the Price arb table
costs, in and out, $10k−$5115.111% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.039%, 7d avg +0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.102% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ENSOUSDT | 1.0166 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $1.8M | $1.6M | 25x |
| Short | KuCoin ENSOUSDTM | 1.0162 | 0.0100 | get 0.0050% / 4h | 3h 06m | $946K | $87K | 30x |
Bybit ENSOUSDT
KuCoin ENSOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $0
- Price spread: −0.039% → +0.063%
- −$10.19
- Slippage, 4 orders
- −$488.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$521.3
- Costs to cover
- 5.111%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 58 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 Bybit live order book, 5 min ago | 4.44 bp | 88.0 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 12.26 bp | 186.1 bp −$186 | 629.1 bp −$6,291 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ENSO-USDT-SWAP | −0.0066% | 4h | 1.0150 | −0.157% | $995K | $2.7M | 50x | as long as short |
| BloFin ENSO-USDT | +0.0090% | 4h | 1.0155 | −0.108% | $276K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0165 | −0.008% | $64K | $5K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0165 | −0.013% | $5.6M | $8.2M | 50x | as long as short |
| Bybit ENSOUSDTlong | +0.0100% | 4h | 1.0166 | long leg | $1.8M | $1.6M | 25x | |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0161 | −0.049% | $323K | $120K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0170 | +0.039% | $673K | $246K | 20x | as long as short |
| KuCoin ENSOUSDTMshort | +0.0100% | 4h | 1.0162 | −0.039% | $946K | $87K | 30x | |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0168 | +0.020% | $853K | $925K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0163 | −0.030% | — | $6.6M | — | as long as short |
OKX ENSO-USDT-SWAP
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
Gate ENSO_USDT
MEXC ENSO_USDT
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 | 1.0140 | −0.257% | $29K | $31K | — | as long as short |
Variational Omni ENSO