Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.050%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.050%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.087% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ENSO_USDT | 1.0066 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $320K | $120K | 25x |
| Short | Binance ENSOUSDT | 1.0071 | 0.0100 | get 0.0050% / 4h | 3h 19m | $5.6M | $8.7M | 50x |
Gate ENSO_USDT
Binance ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.050% → −0.037%
- $8.7
- Slippage, 4 orders
- −$98.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.16
- Costs to cover
- 1.239%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 min ago; Binance: live order book, 5 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 Gate live order book, 51 min ago | 9.82 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.49 bp | 23.1 bp −$23 | 85.5 bp −$855 | 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 | −0.0103% | 4h | 1.0058 | −0.079% | $988K | $2.8M | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0083 | +0.173% | $64K | $5K | 5x | as long as short |
| Binance ENSOUSDTshort | +0.0100% | 4h | 1.0071 | +0.050% | $5.6M | $8.7M | 50x | |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0068 | +0.020% | $1.8M | $1.6M | 25x | as long as short |
| Gate ENSO_USDTlong | +0.0100% | 4h | 1.0066 | long leg | $320K | $120K | 25x | |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0067 | +0.010% | $652K | $244K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0066 | 0.000% | $937K | $87K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0074 | +0.079% | $846K | $967K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0064 | −0.020% | — | $6.6M | — | as long as short |
| Variational Omni ENSO | +0.0100% | 4h | 1.0079 | +0.128% | $29K | $31K | — | as long as short |
OKX ENSO-USDT-SWAP
Aster ENSOUSDT
Bybit ENSOUSDT
MEXC ENSO_USDT
KuCoin ENSOUSDTM
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-USDT | +0.0145% | 4h | 1.0076 | +0.099% | $277K | $9K | 50x | as long as short |
BloFin ENSO-USDT