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: KuCoin against MEXC−0.070%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3353.348% 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)+0.155%+$15 · spread now −0.070%, 7d avg +0.036%
Together, before fees+0.155%+$15 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: KuCoin is 0.106% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENSO_USDT1.00320.0100pay 0.0050% / 4h2h 31m$685K$187K20x
ShortKuCoin ENSOUSDTM1.00250.0100get 0.0050% / 4h2h 31m$932K$59K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.070% → +0.036%
−$10.59
Slippage, 4 orders
−$318.81
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$345.39
Costs to cover
3.348%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; KuCoin: live order book, 8 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, 9 min ago2.98 bp11.6 bp −$1243.8 bp −$438191.9 bp −$19.2Kdoesn't fit
Sell KuCoin live order book, 8 min ago9.45 bp165.3 bp −$165813.6 bp −$8,136doesn'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
Aster ENSOUSDT+0.0100%4h1.0039+0.073%$64K$3K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0029−0.030%$5.5M$5.8M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.00320.000%$1.7M$1.2M25xas long as short
OKX ENSO-USDT-SWAP+0.0100%4h1.0020−0.120%$954K$1.8M50xas long as short
Gate ENSO_USDT+0.0100%4h1.0037+0.050%$316K$63K25xas long as short
MEXC ENSO_USDTlong+0.0100%4h1.0032long leg$685K$187K20x
KuCoin ENSOUSDTMshort+0.0100%4h1.0025−0.070%$932K$59K30x
Bitget ENSOUSDT+0.0100%4h1.0026−0.060%$865K$601K25xas long as short
BingX ENSO-USDT+0.0100%4h1.0031−0.010%$6.6Mas long as short
Variational Omni ENSO+0.0100%4h1.0056+0.239%$27K$34Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ENSO-USDT+0.0145%4h1.0030−0.020%$271K$9K50xas long as short