Funding you earn now, next payment 04:00 UTC+0.0091%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against OKX+0.148%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.148%, 7d avg −0.079%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.227% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ENSO-USDT-SWAP | 1.0102 | 0.0009 | pay 0.0005% / 4h | 2h 30m | $986K | $2.5M | 50x |
| Short | Bitget ENSOUSDT | 1.0117 | 0.0100 | get 0.0050% / 4h | 2h 30m | $844K | $824K | 25x |
OKX ENSO-USDT-SWAP
Bitget ENSOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $19.01
- Price spread: +0.148% → −0.079%
- $22.72
- Slippage, 4 orders
- −$87.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.87
- Costs to cover
- 1.096%
- Break-even
- 32.0 days
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 55 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 OKX live order book, 1 min ago | 5.45 bp | 22.4 bp −$22 | 177.8 bp −$1,778 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 7.42 bp | 34.6 bp −$35 | 84.4 bp −$844 | doesn't fit | doesn't fit |
ENSO on 10 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-SWAPlong | +0.0009% | 4h | 1.0102 | long leg | $986K | $2.5M | 50x | |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0124 | +0.215% | $64K | $5K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0116 | +0.143% | $5.6M | $7.5M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0111 | +0.089% | $1.8M | $1.5M | 25x | as long as short |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0115 | +0.129% | $318K | $103K | 25x | as long as short |
| MEXC ENSO_USDT | +0.0100% | 4h | 1.0120 | +0.178% | $666K | $198K | 20x | as long as short |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0109 | +0.069% | $941K | $77K | 30x | as long as short |
| Bitget ENSOUSDTshort | +0.0100% | 4h | 1.0117 | +0.148% | $844K | $824K | 25x | |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0112 | +0.099% | — | $6.6M | — | as long as short |
| Variational Omni ENSO | +0.0100% | 4h | 1.0096 | −0.055% | $29K | $31K | — | as long as short |
Aster ENSOUSDT
Binance ENSOUSDT
Bybit ENSOUSDT
Gate ENSO_USDT
MEXC ENSO_USDT
KuCoin ENSOUSDTM
BingX ENSO-USDT
Variational Omni ENSO