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

ENS

all ENS markets
SwapBacktest
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 +0.015%
Price spread now: Bitget against Bybit+0.045%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.045%, 7d avg +0.038%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENSUSDT6.62700.0100pay 0.0100% / 8h14m 50s$5.4M$3.2M75x
ShortBitget ENSUSDT6.63000.0100get 0.0100% / 8h14m 50s$2.9M$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: +0.045% → +0.038%
$0.69
Slippage, 4 orders
−$46.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.69
Costs to cover
0.694%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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 Bybit live order book, 3 min ago3.02 bp18.7 bp −$1955.5 bp −$555doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.28 bp16.1 bp −$1640.7 bp −$407doesn'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−0.1033%1h6.6252−0.028%$90K$350K20xas long as short
OKX ENS-USDT-SWAP−0.0016%8h6.6290+0.030%$2.3M$3.3M20xas long as short
Gate ENS_USDT+0.0060%8h6.6320+0.075%$463K$571K75xas long as short
Aster ENSUSDT+0.0100%8h6.6381+0.168%$8K$104K10xas long as short
Binance ENSUSDT+0.0100%8h6.6350+0.121%$5.1M$13.3M75xas long as short
Bybit ENSUSDTlong+0.0100%8h6.6270long leg$5.4M$3.2M75x
MEXC ENS_USDT+0.0100%8h6.6360+0.136%$6.9M$1.0M75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6370+0.151%$1.8M$118K50xas long as short
Bitget ENSUSDTshort+0.0100%8h6.6300+0.045%$2.9M$1.2M75x
BingX ENS-USDT+0.0100%8h6.6360+0.136%$7.5Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENS+0.0100%8h6.6255−0.023%$106K$15Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6290+0.030%$24K$605K50xas long as short
Extended ENS-USD+0.0104%1h6.6322+0.078%$3K$255K10xas long as short
BloFin ENS-USDT+0.0112%8h6.6350+0.121%$293K$76K20xas long as short
Hyperliquid ENS+0.0138%1h6.6485+0.324%$3.0M$292K5xas long as short