ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1130%/8h= −123.8% APRnext payment −$1.41 per $10,000 · paid last 24h −0.304%

Price spread now: Kraken Futures against ApeX Omni−0.282%75s7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs+$72as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$950.954% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.673%+$167 on $10k

Price spread, last 4 days (all we have)+0.351%+$35 · spread now −0.282%, 7d avg −0.001%

Together, before fees+2.023%+$202 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Kraken Futures is 0.281% cheaper against ApeX Omni than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.673%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ENSUSDT	6.6600	0.0100	pay 0.0013% / 1h	40m 11s	$24K	$608K	50x
Short	Kraken Futures PF_ENSUSD	6.6412	−0.1030	pay 0.0129% / 1h	40m 11s	$90K	$356K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.282%Rate

Funding earned: −$237.33
Price spread: −0.282% → −0.001%: −$28.1
Slippage, 4 orders: −$75.41
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$360.84
Costs to cover: 0.954%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 63 min ago; Kraken Futures: live order book, 63 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 ApeX Omni live order book, 63 min ago	9.03 bp	16.5 bp −$16	108.2 bp −$1,082	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 63 min ago	16.56 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn't fit

ENS on 15 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
Kraken Futures PF_ENSUSDshort	−0.1030%	1h	6.6412	−0.282%	$90K	$356K	20x
OKX ENS-USDT-SWAP	−0.0018%	8h	6.6430	−0.255%	$2.3M	$3.3M	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6581	−0.029%	$3.0M	$293K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6516	−0.126%	$9K	$104K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6480	−0.180%	$5.1M	$13.4M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6430	−0.255%	$5.4M	$3.3M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.6540	−0.090%	$463K	$570K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6480	−0.180%	$6.9M	$1.0M	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6530	−0.105%	$1.8M	$118K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6510	−0.135%	$2.9M	$1.2M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6480	−0.180%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6502	−0.147%	$109K	$13K	—	as long as short
ApeX Omni ENSUSDTlong	+0.0100%	1h	6.6600	long leg	$24K	$608K	50x
Extended ENS-USD	+0.0104%	1h	6.6498	−0.154%	$2K	$250K	10x	as long as short
BloFin ENS-USDT	+0.0117%	8h	6.6580	−0.030%	$294K	$78K	20x	as long as short