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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRnext payment $1.80 per $10,000 · paid last 24h −0.034%
Price spread now: Variational Omni against Binance−0.229%7-day average −0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.044%−$4 on $10k
Price spread, last 3 days (all we have)+0.276%+$28 · spread now −0.229%, 7d avg −0.072%
Together, before fees+0.233%+ Points / potential airdropVariational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.157% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ENSUSDT6.79000.0044pay 0.0044% / 8h1h 55m$5.3M$13.8M75x
ShortVariational Omni ENS6.7744−0.0135pay 0.0135% / 8h1h 55m$111K$6K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$37.73
Price spread: −0.229% → −0.072%
−$15.69
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$63.42
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Variational Omni: RFQ quote, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.74 bp11.4 bp −$1130.8 bp −$308434.4 bp −$43.4Kdoesn't fit
Sell Variational Omni RFQ quote, 29 min ago6.39 bpdoesn't fit55.9 bp −$559doesn't fitdoesn't fit

ENS on 15 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
Kraken Futures PF_ENSUSD−0.2242%1h6.7853−0.069%$92K$436K20xas long as short
Gate ENS_USDT−0.0246%8h6.7740−0.236%$461K$562K75xas long as short
Variational Omni ENSshort−0.0135%8h6.7744−0.229%$111K$6K
Bybit ENSUSDT−0.0085%8h6.7820−0.118%$5.4M$3.8M75xas long as short
Bitget ENSUSDT−0.0066%8h6.7840−0.088%$2.9M$1.3M75xas long as short
OKX ENS-USDT-SWAP−0.0060%8h6.7880−0.029%$2.4M$3.5M20xas long as short
Aster ENSUSDT−0.0025%8h6.7825−0.111%$8K$89K10xas long as short
BingX ENS-USDT+0.0036%8h6.7840−0.088%$3.7Mas long as short
MEXC ENS_USDT+0.0038%8h6.7890−0.015%$5.5M$831K75xas long as short
Binance ENSUSDTlong+0.0044%8h6.7900long leg$5.3M$13.8M75x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENS-USD+0.0048%1h6.7838−0.091%$1K$181K10xas long as short
BloFin ENS-USDT+0.0054%8h6.7850−0.074%$310K$73K20xas long as short
Hyperliquid ENS+0.0100%1h6.8052+0.224%$3.1M$414K5xas long as short
KuCoin ENSUSDTM+0.0100%8h6.7780−0.177%$1.8M$139K50xas long as short
ApeX Omni ENSUSDT+0.0100%1h6.7520−0.560%$24K$608K50xas long as short