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

ENSO

all ENSO markets
SwapBacktest
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 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
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)−0.470%−$47 · spread now +0.043%, 7d avg −0.013%
Together, before fees−0.470%−$47 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 0.055% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENSO_USDT1.00100.0100pay 0.0050% / 4h3h 59m$688K$191K20x
ShortBinance ENSOUSDT1.00140.0100get 0.0050% / 4h3h 59m$5.5M$6.7M50x

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 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: +0.043% → −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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 51 min ago4.01 bp11.9 bp −$1243.0 bp −$430184.9 bp −$18.5Kdoesn't fit
Sell Binance live order book, 9 min ago1.99 bp29.4 bp −$29111.1 bp −$1,111doesn'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+0.0060%4h1.0001−0.090%$272K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h1.0018+0.080%$64K$4K5xas long as short
Binance ENSOUSDTshort+0.0100%4h1.0014+0.043%$5.5M$6.7M50x
Bybit ENSOUSDT+0.0100%4h1.0006−0.040%$1.7M$1.4M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0001−0.090%$959K$2.2M50xas long as short
Gate ENSO_USDT+0.0100%4h0.9997−0.130%$315K$74K25xas long as short
MEXC ENSO_USDTlong+0.0100%4h1.0010long leg$688K$191K20x
KuCoin ENSOUSDTM+0.0100%4h1.0001−0.090%$932K$63K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.00100.000%$854K$715K25xas long as short
BingX ENSO-USDT+0.0100%4h1.0007−0.030%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0019+0.087%$27K$34Kas long as short