Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against Gate−0.189%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1321.319% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.189%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.134% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ENSO_USDT | 1.0041 | 0.0100 | pay 0.0050% / 4h | 46m 39s | $315K | $59K | 25x |
| Short | OKX ENSO-USDT-SWAP | 1.0022 | 0.0100 | get 0.0050% / 4h | 46m 39s | $937K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.189% → −0.055%
- −$13.38
- Slippage, 4 orders
- −$106.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$145.32
- Costs to cover
- 1.319%
- Break-even
- never at this rate
Slippage from Gate: live order book, 53 min ago; OKX: 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, 53 min ago | 10.49 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.49 bp | 31.0 bp −$31 | 121.9 bp −$1,219 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ENSOUSDT | +0.0100% | 4h | 1.0050 | +0.094% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0050 | +0.089% | $5.6M | $5.6M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0042 | +0.010% | $1.7M | $1.2M | 25x | as long as short |
| OKX ENSO-USDT-SWAPshort | +0.0100% | 4h | 1.0022 | −0.189% | $937K | $1.7M | 50x | |
| Gate ENSO_USDTlong | +0.0100% | 4h | 1.0041 | long leg | $315K | $59K | 25x | |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0042 | +0.010% | $689K | $187K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0047 | +0.060% | $918K | $58K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0037 | −0.040% | $844K | $581K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0042 | +0.010% | — | $6.6M | — | as long as short |
| Variational Omni ENSO | +0.0100% | 4h | 1.0032 | −0.094% | $26K | $34K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ENSO-USDT | +0.0153% | 4h | 1.0052 | +0.110% | $270K | $9K | 50x | as long as short |
Gate ENSO_USDT
OKX ENSO-USDT-SWAP
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
MEXC ENSO_USDT
KuCoin ENSOUSDTM
Bitget ENSOUSDT
BingX ENSO-USDT
Variational Omni ENSO
BloFin ENSO-USDT