Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against MEXC−0.201%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.201%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.160% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ENSO_USDT | 0.9967 | 0.0100 | pay 0.0050% / 4h | 22m 59s | $686K | $190K | 20x |
| Short | OKX ENSO-USDT-SWAP | 0.9947 | 0.0100 | get 0.0050% / 4h | 22m 59s | $929K | $1.7M | 50x |
MEXC ENSO_USDT
OKX ENSO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.201% → −0.040%
- −$16.02
- Slippage, 4 orders
- −$57.82
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.84
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; OKX: live order book, 4 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, 7 min ago | 1.50 bp | 9.2 bp −$9 | 34.5 bp −$345 | 188.6 bp −$18.9K | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.03 bp | 27.3 bp −$27 | 131.3 bp −$1,313 | 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 | +0.0051% | 4h | 0.9969 | +0.020% | $268K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 0.9976 | +0.089% | $63K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 0.9968 | +0.005% | $5.5M | $5.6M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 0.9960 | −0.070% | $1.7M | $1.2M | 25x | as long as short |
| OKX ENSO-USDT-SWAPshort | +0.0100% | 4h | 0.9947 | −0.201% | $929K | $1.7M | 50x | |
| Gate ENSO_USDT | +0.0100% | 4h | 0.9963 | −0.040% | $312K | $60K | 25x | as long as short |
| MEXC ENSO_USDTlong | +0.0100% | 4h | 0.9967 | long leg | $686K | $190K | 20x | |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 0.9966 | −0.010% | $908K | $56K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 0.9961 | −0.060% | $841K | $571K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 0.9962 | −0.050% | — | $6.6M | — | as long as short |
BloFin ENSO-USDT
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
Gate ENSO_USDT
KuCoin ENSOUSDTM
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 | 0.9957 | −0.104% | $26K | $34K | — | as long as short |
Variational Omni ENSO