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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: Hyperliquid against Bitget+0.194%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.747% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days+0.111%+$11 · spread now +0.194%, 7d avg +0.182%
Together, before fees+0.204%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.182%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ENSUSDT6.65300.0100pay 0.0100% / 8h4h 06m$2.9M$1.2M75x
ShortHyperliquid ENS6.66590.0154get 0.0019% / 1h6m 12s$3.0M$294K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$11.26
Price spread: +0.194% → +0.182%
$1.16
Slippage, 4 orders
−$53.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$62.29
Costs to cover
0.747%
Break-even
45.7 days
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago4.51 bp19.5 bp −$2050.1 bp −$501doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago1.57 bp21.5 bp −$22doesn't fitdoesn'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−0.0852%1h6.6514−0.024%$90K$407K20xas long as short
Gate ENS_USDT+0.0064%8h6.6560+0.045%$454K$563K75xas long as short
BloFin ENS-USDT+0.0099%8h6.6610+0.120%$298K$73K20xas long as short
Aster ENSUSDT+0.0100%8h6.6556+0.039%$9K$105K10xas long as short
Binance ENSUSDT+0.0100%8h6.6554+0.037%$5.1M$13.5M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6500−0.045%$5.4M$3.6M75xas long as short
OKX ENS-USDT-SWAP+0.0100%8h6.6480−0.075%$2.3M$3.3M20xas long as short
MEXC ENS_USDT+0.0100%8h6.6560+0.045%$5.6M$738K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6590+0.090%$1.8M$133K50xas long as short
Bitget ENSUSDTlong+0.0100%8h6.6530long leg$2.9M$1.2M75x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ENS-USDT+0.0100%8h6.6520−0.015%$7.8Mas long as short
Variational Omni ENS+0.0100%8h6.6493−0.055%$106K$9Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6650+0.180%$25K$598K50xas long as short
Extended ENS-USD+0.0104%1h6.6549+0.029%$3K$119K10xas long as short
Hyperliquid ENSshort+0.0154%1h6.6659+0.194%$3.0M$294K5x