Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against Binance−0.148%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.148%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.121% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ENSUSDT | 6.6579 | 0.0100 | pay 0.0100% / 8h | 6h 28m | $5.1M | $14.2M | 75x |
| Short | OKX ENS-USDT-SWAP | 6.6480 | 0.0094 | get 0.0094% / 8h | 6h 28m | $2.3M | $3.5M | 20x |
Binance ENSUSDT
OKX ENS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- −$1.35
- Price spread: −0.148% → −0.027%
- −$12.08
- Slippage, 4 orders
- −$49.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$82.51
- Costs to cover
- 0.691%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago | 2.27 bp | 15.5 bp −$16 | 40.2 bp −$402 | 515.0 bp −$51.5K | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.01 bp | 18.4 bp −$18 | 85.6 bp −$856 | doesn't fit | doesn't fit |
ENS on 14 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_ENSUSD | −0.0817% | 1h | 6.6517 | −0.092% | $87K | $445K | 20x | as long as short |
| OKX ENS-USDT-SWAPshort | +0.0094% | 8h | 6.6480 | −0.148% | $2.3M | $3.5M | 20x | |
| Aster ENSUSDT | +0.0100% | 8h | 6.6570 | −0.013% | $10K | $106K | 10x | as long as short |
| Binance ENSUSDTlong | +0.0100% | 8h | 6.6579 | long leg | $5.1M | $14.2M | 75x | |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6520 | −0.088% | $5.4M | $3.8M | 75x | as long as short |
| Gate ENS_USDT | +0.0100% | 8h | 6.6430 | −0.223% | $458K | $567K | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6540 | −0.058% | $5.4M | $778K | 75x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6550 | −0.043% | $1.8M | $144K | 50x | as long as short |
| Bitget ENSUSDT | +0.0100% | 8h | 6.6530 | −0.073% | $2.9M | $1.4M | 75x | as long as short |
| BingX ENS-USDT | +0.0100% | 8h | 6.6540 | −0.058% | — | $7.8M | — | as long as short |
Kraken Futures PF_ENSUSD
Aster ENSUSDT
Bybit ENSUSDT
Gate ENS_USDT
MEXC ENS_USDT
KuCoin ENSUSDTM
Bitget ENSUSDT
BingX ENS-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ENS | +0.0100% | 8h | 6.6380 | −0.299% | $106K | $8K | — | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.6440 | −0.208% | $25K | $599K | 50x | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6544 | −0.052% | $6K | $113K | 10x | as long as short |
| Hyperliquid ENS | +0.0166% | 1h | 6.6629 | +0.076% | $3.0M | $313K | 5x | as long as short |
Variational Omni ENS
ApeX Omni ENSUSDT
Extended ENS-USD
Hyperliquid ENS