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 0.000%
Price spread now: BingX against Gate+0.140%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1531.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.140%, 7d avg −0.013%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.153% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ENSO_USDT1.00000.0100pay 0.0050% / 4h1h 44m$314K$100K25x
ShortBingX ENSO-USDT1.00140.0100get 0.0050% / 4h1h 44m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.140% → −0.013%
$15.31
Slippage, 4 orders
−$128
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$137.69
Costs to cover
1.530%
Break-even
never at this rate
Slippage from Gate: live order book, 15 min ago; BingX: live order book, 7 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 Gate live order book, 15 min ago14.41 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago7.98 bp34.0 bp −$3492.0 bp −$920759.6 bp −$76.0K1191.1 bp −$595.5K

ENSO on 11 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+0.0073%4h1.00000.000%$973K$2.3M50xas long as short
Aster ENSOUSDT+0.0100%4h1.0021+0.206%$64K$4K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0028+0.284%$5.5M$7.0M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.0011+0.110%$1.8M$1.4M25xas long as short
Gate ENSO_USDTlong+0.0100%4h1.0000long leg$314K$100K25x
MEXC ENSO_USDT+0.0100%4h1.0021+0.210%$666K$190K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0006+0.060%$932K$63K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.0017+0.170%$840K$780K25xas long as short
BingX ENSO-USDTshort+0.0100%4h1.0014+0.140%$6.6M
Variational Omni ENSO+0.0100%4h0.9981−0.192%$28K$31Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENSO-USDT+0.0132%4h1.0006+0.060%$275K$9K50xas long as short