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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ENSO_USDT | 1.0178 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $320K | $100K | 25x |
| Short | Bitget ENSOUSDT | 1.0154 | 0.0100 | get 0.0050% / 4h | 1h 20m | $853K | $729K | 25x |
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 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: −0.236% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 40 min ago | 14.41 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 60 min ago | 9.88 bp | 29.7 bp −$30 | 108.0 bp −$1,080 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENSO-USDT | +0.0070% | 4h | 1.0180 | +0.020% | $276K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0176 | −0.021% | $65K | $4K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0170 | −0.081% | $5.6M | $6.9M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0151 | −0.265% | $1.8M | $1.4M | 25x | as long as short |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0145 | −0.324% | $983K | $2.3M | 50x | as long as short |
| Gate ENSO_USDTlong | +0.0100% | 4h | 1.0178 | long leg | $320K | $100K | 25x | |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0153 | −0.246% | $663K | $193K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0164 | −0.138% | $946K | $62K | 30x | as long as short |
| Bitget ENSOUSDTshort | +0.0100% | 4h | 1.0154 | −0.236% | $853K | $729K | 25x | |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0177 | −0.010% | — | $6.6M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENSO | +0.0100% | 4h | 1.0174 | −0.043% | $29K | $31K | — | as long as short |
Gate ENSO_USDT
Bitget ENSOUSDT
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
OKX ENSO-USDT-SWAP
MEXC ENSO_USDT
KuCoin ENSOUSDTM
BingX ENSO-USDT
Variational Omni ENSO