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: Bitget against Gate−0.236%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1611.607% 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)+0.310%+$31 · spread now −0.236%, 7d avg −0.024%
Together, before fees+0.310%+$31 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: Bitget is 0.212% cheaper against Gate than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ENSO_USDT1.01780.0100pay 0.0050% / 4h1h 20m$320K$100K25x
ShortBitget ENSOUSDT1.01540.0100get 0.0050% / 4h1h 20m$853K$729K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.236% → −0.024%
−$21.2
Slippage, 4 orders
−$133.71
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$181.91
Costs to cover
1.607%
Break-even
never at this rate
Slippage from Gate: live order book, 40 min ago; Bitget: live order book, 60 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, 40 min ago14.41 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 60 min ago9.88 bp29.7 bp −$30108.0 bp −$1,080doesn't fitdoesn't fit

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
BloFin ENSO-USDT+0.0070%4h1.0180+0.020%$276K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h1.0176−0.021%$65K$4K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0170−0.081%$5.6M$6.9M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.0151−0.265%$1.8M$1.4M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0145−0.324%$983K$2.3M50xas long as short
Gate ENSO_USDTlong+0.0100%4h1.0178long leg$320K$100K25x
MEXC ENSO_USDT+0.0100%4h1.0153−0.246%$663K$193K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0164−0.138%$946K$62K30xas long as short
Bitget ENSOUSDTshort+0.0100%4h1.0154−0.236%$853K$729K25x
BingX ENSO-USDT+0.0100%4h1.0177−0.010%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0174−0.043%$29K$31Kas long as short