Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against Gate−0.079%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2092.086% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 4 days (all we have)−0.699%−$70 · spread now −0.079%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ENSO_USDT | 1.0149 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $319K | $100K | 25x |
| Short | Bybit ENSOUSDT | 1.0141 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.8M | $1.4M | 25x |
Gate ENSO_USDT
Bybit ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.079% → −0.039%
- −$4.02
- Slippage, 4 orders
- −$182.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$212.62
- Costs to cover
- 2.086%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; Bybit: live order book, 2 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, 41 min ago | 14.41 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.43 bp | 56.1 bp −$56 | 578.5 bp −$5,785 | 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 | +0.0081% | 4h | 1.0148 | −0.010% | $275K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0151 | +0.024% | $64K | $4K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0150 | +0.014% | $5.6M | $6.9M | 50x | as long as short |
| Bybit ENSOUSDTshort | +0.0100% | 4h | 1.0141 | −0.079% | $1.8M | $1.4M | 25x | |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0132 | −0.168% | $982K | $2.3M | 50x | as long as short |
| Gate ENSO_USDTlong | +0.0100% | 4h | 1.0149 | long leg | $319K | $100K | 25x | |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0151 | +0.020% | $663K | $193K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0142 | −0.069% | $944K | $62K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0150 | +0.010% | $852K | $729K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0147 | −0.020% | — | $6.6M | — | as long as short |
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
OKX ENSO-USDT-SWAP
MEXC ENSO_USDT
KuCoin ENSOUSDTM
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 | 1.0174 | +0.243% | $29K | $31K | — | as long as short |
Variational Omni ENSO