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

ENSO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Gate against OKX0.000%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.649%+$65 · spread now 0.000%, 7d avg +0.058%
Together, before fees+0.660%+$66 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: Gate is 0.058% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENSO-USDT-SWAP1.01320.0100pay 0.0050% / 4h1h 15m$982K$2.3M50x
ShortGate ENSO_USDT1.01320.0100get 0.0050% / 4h1h 15m$318K$101K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: 0.000% → +0.058%
−$5.8
Slippage, 4 orders
−$115.08
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$145.88
Costs to cover
1.401%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 45 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 OKX live order book, 2 min ago4.94 bp20.4 bp −$20197.8 bp −$1,978doesn't fitdoesn't fit
Sell Gate live order book, 45 min ago14.41 bp49.5 bp −$50doesn't fitdoesn'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+0.0088%4h1.0142+0.099%$276K$9K50xas long as short
Aster ENSOUSDT+0.0100%4h1.0138+0.054%$64K$4K5xas long as short
Binance ENSOUSDT+0.0100%4h1.0129−0.030%$5.6M$6.9M50xas long as short
Bybit ENSOUSDT+0.0100%4h1.0123−0.089%$1.8M$1.4M25xas long as short
OKX ENSO-USDT-SWAPlong+0.0100%4h1.0132long leg$982K$2.3M50x
Gate ENSO_USDTshort+0.0100%4h1.01320.000%$318K$101K25x
MEXC ENSO_USDT+0.0100%4h1.0129−0.030%$662K$193K20xas long as short
KuCoin ENSOUSDTM+0.0100%4h1.0138+0.059%$944K$62K30xas long as short
Bitget ENSOUSDT+0.0100%4h1.0096−0.355%$848K$728K25xas long as short
BingX ENSO-USDT+0.0100%4h1.0129−0.030%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENSO+0.0100%4h1.0129−0.029%$29K$31Kas long as short