Funding arb · Price arb /

ENS

all ENS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Aster against Bitget+0.003%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$760.758% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.003%, 7d avg +0.024%

Together, before fees+0.152%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: Aster is 0.021% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.6610	0.0100	pay 0.0100% / 8h	4h 32m	$2.9M	$1.2M	75x
Short	Aster ENSUSDT	6.6612	0.0100	get 0.0100% / 8h	4h 32m	$9K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → +0.024%: −$2.13
Slippage, 4 orders: −$55.84
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$77.97
Costs to cover: 0.758%
Break-even: never at this rate

Slippage from Bitget: live order book, just now; Aster: live order book, 36 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 Bitget live order book, just now	4.50 bp	22.5 bp −$23	57.0 bp −$570	doesn't fit	doesn't fit
Sell Aster live order book, 36 min ago	3.75 bp	20.7 bp −$21	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_ENSUSD	−0.0851%	1h	6.6589	−0.031%	$90K	$408K	20x	as long as short
Gate ENS_USDT	−0.0009%	8h	6.6550	−0.090%	$454K	$563K	75x	as long as short
BloFin ENS-USDT	+0.0072%	8h	6.6400	−0.315%	$299K	$73K	20x	as long as short
Aster ENSUSDTshort	+0.0100%	8h	6.6612	+0.003%	$9K	$105K	10x
Binance ENSUSDT	+0.0100%	8h	6.6680	+0.105%	$5.2M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6600	−0.015%	$5.4M	$3.6M	75x	as long as short
OKX ENS-USDT-SWAP	+0.0100%	8h	6.6640	+0.045%	$2.3M	$3.3M	20x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6640	+0.045%	$5.4M	$680K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6620	+0.015%	$1.8M	$133K	50x	as long as short
Bitget ENSUSDTlong	+0.0100%	8h	6.6610	long leg	$2.9M	$1.2M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6590	−0.030%	—	$7.8M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6178	−0.648%	$106K	$8K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6250	−0.540%	$25K	$598K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6661	+0.077%	$1K	$118K	10x	as long as short
Hyperliquid ENS	+0.0217%	1h	6.6758	+0.222%	$3.0M	$298K	5x	as long as short