Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against KuCoin−0.010%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4224.223% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.365%−$36 · spread now −0.010%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.045% dearer against KuCoin than usual: you sell high and buy low, +$5 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 | KuCoin ENSOUSDTM | 1.0058 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $936K | $58K | 30x |
| Short | Bybit ENSOUSDT | 1.0057 | 0.0100 | get 0.0050% / 4h | 3h 30m | $1.8M | $1.2M | 25x |
KuCoin ENSOUSDTM
Bybit ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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: −0.010% → −0.055%
- $4.53
- Slippage, 4 orders
- −$399.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$417.77
- Costs to cover
- 4.223%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Bybit: 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 KuCoin live order book, 13 min ago | 8.46 bp | 140.4 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.48 bp | 55.7 bp −$56 | doesn't fit | 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 | +0.0067% | 4h | 1.0064 | +0.060% | $271K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0064 | +0.056% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0064 | +0.056% | $5.6M | $6.0M | 50x | as long as short |
| Bybit ENSOUSDTshort | +0.0100% | 4h | 1.0057 | −0.010% | $1.8M | $1.2M | 25x | |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0050 | −0.080% | $958K | $1.8M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0051 | −0.070% | $316K | $75K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0062 | +0.040% | $688K | $193K | 20x | as long as short |
| KuCoin ENSOUSDTMlong | +0.0100% | 4h | 1.0058 | long leg | $936K | $58K | 30x | |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0063 | +0.050% | $859K | $608K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0061 | +0.030% | — | $6.6M | — | as long as short |
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
OKX ENSO-USDT-SWAP
Gate ENSO_USDT
MEXC ENSO_USDT
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 | 1.0059 | +0.007% | $27K | $34K | — | as long as short |
Variational Omni ENSO