Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against MEXC+0.049%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1471.470% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.049%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.067% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ENSO_USDT | 1.0118 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $663K | $242K | 20x |
| Short | Bybit ENSOUSDT | 1.0123 | 0.0100 | get 0.0050% / 4h | 3h 40m | $1.8M | $1.8M | 25x |
MEXC ENSO_USDT
Bybit ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.049% → −0.018%
- $6.7
- Slippage, 4 orders
- −$132.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$140.35
- Costs to cover
- 1.470%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 min ago; Bybit: live order book, 6 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, 24 min ago | 0.49 bp | 7.1 bp −$7 | 27.6 bp −$276 | 159.6 bp −$16.0K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.46 bp | 54.7 bp −$55 | 542.5 bp −$5,425 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ENSO-USDT-SWAP | −0.0057% | 4h | 1.0099 | −0.188% | $997K | $3.2M | 50x | as long as short |
| Variational Omni ENSO | 0.0000% | 4h | 1.0129 | +0.113% | $29K | $31K | — | as long as short |
| BloFin ENSO-USDT | +0.0070% | 4h | 1.0137 | +0.188% | $277K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0144 | +0.258% | $64K | $5K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0119 | +0.009% | $5.6M | $9.7M | 50x | as long as short |
| Bybit ENSOUSDTshort | +0.0100% | 4h | 1.0123 | +0.049% | $1.8M | $1.8M | 25x | |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0141 | +0.227% | $322K | $118K | 25x | as long as short |
| MEXC ENSO_USDTlong | +0.0100% | 4h | 1.0118 | long leg | $663K | $242K | 20x | |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0136 | +0.178% | $943K | $88K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0138 | +0.198% | $891K | $1.0M | 25x | as long as short |
OKX ENSO-USDT-SWAP
Variational Omni ENSO
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
Gate ENSO_USDT
KuCoin ENSOUSDTM
Bitget ENSOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENSO-USDT | +0.0100% | 4h | 1.0124 | +0.059% | — | $6.7M | — | as long as short |
BingX ENSO-USDT