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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment $1.15 per $10,000 · paid last 24h −0.027%
Price spread now: OKX against BloFin−0.045%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$650.650% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.045%, 7d avg −0.056%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENS-USDT6.66700.0089pay 0.0089% / 8h1h 06m$295K$78K20x
ShortOKX ENS-USDT-SWAP6.6640−0.0026pay 0.0026% / 8h1h 06m$2.3M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
−$24.22
Price spread: −0.045% → −0.056%
$1.08
Slippage, 4 orders
−$42.97
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$88.11
Costs to cover
0.650%
Break-even
never at this rate
Slippage from BloFin: live order book, 60 min ago; OKX: live order book, 1 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 BloFin live order book, 60 min ago3.75 bp11.6 bp −$1220.3 bp −$203doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.75 bp23.1 bp −$23107.1 bp −$1,071doesn'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−0.1059%1h6.6639−0.046%$91K$365K20xas long as short
ApeX Omni ENSUSDT−0.0258%1h6.6580−0.135%$24K$608K50xas long as short
OKX ENS-USDT-SWAPshort−0.0026%8h6.6640−0.045%$2.3M$3.4M20x
Gate ENS_USDT+0.0083%8h6.6540−0.195%$465K$573K75xas long as short
BloFin ENS-USDTlong+0.0089%8h6.6670long leg$295K$78K20x
Hyperliquid ENS+0.0100%1h6.6793+0.184%$3.0M$293K5xas long as short
Aster ENSUSDT+0.0100%8h6.6605−0.098%$9K$105K10xas long as short
Binance ENSUSDT+0.0100%8h6.6673+0.004%$5.1M$13.5M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6610−0.090%$5.4M$3.3M75xas long as short
MEXC ENS_USDT+0.0100%8h6.6680+0.015%$6.9M$1.0M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ENSUSDTM+0.0100%8h6.6610−0.090%$1.8M$118K50xas long as short
Bitget ENSUSDT+0.0100%8h6.6640−0.045%$2.9M$1.2M75xas long as short
BingX ENS-USDT+0.0100%8h6.6580−0.135%$7.5Mas long as short
Variational Omni ENS+0.0100%8h6.6453−0.326%$108K$13Kas long as short
Extended ENS-USD+0.0104%1h6.6651−0.028%$572$257K10xas long as short