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−0.0068%/8h= −7.4% APRnext payment $0.68 per $10,000 · paid last 24h −0.036%
Price spread now: Variational Omni against Bitget−0.190%7-day average −0.059% · 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)−0.016%−$2 on $10k
Price spread, last 3 days (all we have)+0.235%+$24 · spread now −0.190%, 7d avg −0.059%
Together, before fees+0.220%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.131% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ENSUSDT6.7980−0.0054get 0.0054% / 8h1h 00m$2.9M$1.3M75x
ShortVariational Omni ENS6.7851−0.0122pay 0.0122% / 8h1h 00m$111K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$14.24
Price spread: −0.190% → −0.059%
−$13.1
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$39.34
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 18 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 Bitget live order book, 2 min ago5.15 bp16.3 bp −$1649.7 bp −$497doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 18 min ago7.14 bpdoesn't fit36.7 bp −$367doesn'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−0.2240%1h6.7906−0.109%$94K$447K20xas long as short
Gate ENS_USDT−0.0205%8h6.7910−0.103%$447K$577K75xas long as short
Variational Omni ENSshort−0.0122%8h6.7851−0.190%$111K$5K
OKX ENS-USDT-SWAP−0.0080%8h6.8020+0.059%$2.4M$3.5M20xas long as short
Bitget ENSUSDTlong−0.0054%8h6.7980long leg$2.9M$1.3M75x
Bybit ENSUSDT−0.0053%8h6.8000+0.029%$5.5M$3.8M75xas long as short
Aster ENSUSDT+0.0020%8h6.7997+0.025%$13K$94K10xas long as short
BloFin ENS-USDT+0.0080%8h6.7950−0.044%$314K$75K20xas long as short
BingX ENS-USDT+0.0081%8h6.7990+0.015%$3.7Mas long as short
MEXC ENS_USDT+0.0083%8h6.8000+0.029%$5.6M$873K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENSUSDT+0.0086%8h6.8027+0.069%$5.5M$13.7M75xas long as short
Extended ENS-USD+0.0088%1h6.7986+0.009%$1K$181K10xas long as short
Hyperliquid ENS+0.0100%1h6.8205+0.331%$3.1M$413K5xas long as short
KuCoin ENSUSDTM+0.0100%8h6.8010+0.044%$1.8M$137K50xas long as short
ApeX Omni ENSUSDT+0.0100%1h6.8080+0.147%$24K$608K50xas long as short