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 MEXC+0.043%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.470%−$47 · spread now +0.043%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ENSO_USDT | 1.0010 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $688K | $191K | 20x |
| Short | Binance ENSOUSDT | 1.0014 | 0.0100 | get 0.0050% / 4h | 3h 59m | $5.5M | $6.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.043% → −0.013%
- $5.52
- Slippage, 4 orders
- −$63.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.7
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 51 min ago; Binance: live order book, 9 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 MEXC live order book, 51 min ago | 4.01 bp | 11.9 bp −$12 | 43.0 bp −$430 | 184.9 bp −$18.5K | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.99 bp | 29.4 bp −$29 | 111.1 bp −$1,111 | 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 | +0.0060% | 4h | 1.0001 | −0.090% | $272K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0018 | +0.080% | $64K | $4K | 5x | as long as short |
| Binance ENSOUSDTshort | +0.0100% | 4h | 1.0014 | +0.043% | $5.5M | $6.7M | 50x | |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0006 | −0.040% | $1.7M | $1.4M | 25x | as long as short |
| OKX ENSO-USDT-SWAP | +0.0100% | 4h | 1.0001 | −0.090% | $959K | $2.2M | 50x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 0.9997 | −0.130% | $315K | $74K | 25x | as long as short |
| MEXC ENSO_USDTlong | +0.0100% | 4h | 1.0010 | long leg | $688K | $191K | 20x | |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0001 | −0.090% | $932K | $63K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0010 | 0.000% | $854K | $715K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0007 | −0.030% | — | $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 | 1.0019 | +0.087% | $27K | $34K | — | as long as short |
MEXC ENSO_USDT
Binance ENSOUSDT
BloFin ENSO-USDT
Aster ENSOUSDT
Bybit ENSOUSDT
OKX ENSO-USDT-SWAP
Gate ENSO_USDT
KuCoin ENSOUSDTM
Bitget ENSOUSDT
BingX ENSO-USDT
Variational Omni ENSO