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: MEXC against OKX+0.130%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now +0.130%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.092% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ENSO-USDT-SWAP | 1.0002 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $948K | $1.8M | 50x |
| Short | MEXC ENSO_USDT | 1.0015 | 0.0100 | get 0.0050% / 4h | 2h 15m | $678K | $190K | 20x |
OKX ENSO-USDT-SWAP
MEXC ENSO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: +0.130% → +0.038%
- $9.17
- Slippage, 4 orders
- −$58.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.1
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 25 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, 2 min ago | 5.50 bp | 23.3 bp −$23 | 159.0 bp −$1,590 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 2.98 bp | 11.4 bp −$11 | 43.3 bp −$433 | 198.8 bp −$19.9K | 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 | +0.0044% | 4h | 1.0020 | +0.180% | $269K | $9K | 50x | as long as short |
| Aster ENSOUSDT | +0.0100% | 4h | 1.0020 | +0.177% | $64K | $3K | 5x | as long as short |
| Binance ENSOUSDT | +0.0100% | 4h | 1.0018 | +0.160% | $5.5M | $5.8M | 50x | as long as short |
| Bybit ENSOUSDT | +0.0100% | 4h | 1.0010 | +0.080% | $1.7M | $1.2M | 25x | as long as short |
| OKX ENSO-USDT-SWAPlong | +0.0100% | 4h | 1.0002 | long leg | $948K | $1.8M | 50x | |
| Gate ENSO_USDT | +0.0100% | 4h | 1.0012 | +0.100% | $315K | $64K | 25x | as long as short |
| MEXC ENSO_USDTshort | +0.0100% | 4h | 1.0015 | +0.130% | $678K | $190K | 20x | |
| KuCoin ENSOUSDTM | +0.0100% | 4h | 1.0018 | +0.160% | $932K | $59K | 30x | as long as short |
| Bitget ENSOUSDT | +0.0100% | 4h | 1.0012 | +0.100% | $864K | $596K | 25x | as long as short |
| BingX ENSO-USDT | +0.0100% | 4h | 1.0010 | +0.080% | — | $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 | 0.9997 | −0.051% | $27K | $34K | — | as long as short |
Variational Omni ENSO