Settings8H · net · $10k
Funding arb · Price arb /

ENSO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.120%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3593.592% 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)−0.358%−$36 · spread now +0.120%, 7d avg −0.047%
Together, before fees−0.358%−$36 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: Binance is 0.168% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ENSOUSDTM0.99770.0100pay 0.0050% / 4h1h 34m$928K$59K30x
ShortBinance ENSOUSDT0.99890.0100get 0.0050% / 4h1h 34m$5.5M$5.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.120% → −0.047%
$16.76
Slippage, 4 orders
−$337.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$342.4
Costs to cover
3.592%
Break-even
never at this rate
Slippage from KuCoin: live order book, 65 min ago; Binance: live order book, 4 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 KuCoin live order book, 65 min ago9.45 bp146.5 bp −$147doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.50 bp23.9 bp −$24107.6 bp −$1,076doesn'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+0.0057%4h1.0001+0.241%$268K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h0.9994+0.169%$63K$3K5xas long as short
Binance ENSOUSDTshort+0.0100%4h0.9989+0.120%$5.5M$5.7M50x
Bybit ENSOUSDT+0.0100%4h0.9979+0.020%$1.7M$1.2M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h0.9978+0.010%$939K$1.7M50xas long as short
Gate ENSO_USDT+0.0100%4h0.9984+0.070%$313K$62K25xas long as short
MEXC ENSO_USDT+0.0100%4h0.9989+0.120%$690K$188K20xas long as short
KuCoin ENSOUSDTMlong+0.0100%4h0.9977long leg$928K$59K30x
Bitget ENSOUSDT+0.0100%4h0.9985+0.080%$862K$586K25xas long as short
BingX ENSO-USDT+0.0100%4h0.9980+0.030%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0005+0.283%$26K$34Kas long as short