ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.7% APRnext payment −$1.26 per $10,000 · paid last 24h −0.027%

Price spread now: Variational Omni against Bybit−0.104%7-day average +0.008% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.104%, 7d avg +0.008%

Together, before fees+0.064%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.112% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENSUSDT	6.7560	0.0100	pay 0.0100% / 8h	7h 42m	$5.4M	$3.8M	75x
Short	Variational Omni ENS	6.7490	−0.0026	pay 0.0026% / 8h	7h 42m	$111K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now −0.104%Rate

Funding earned: −$26.37
Price spread: −0.104% → +0.008%: −$11.21
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$48.58
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 31 min ago. Net counts fees only.

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 Bybit live order book, 5 min ago	4.44 bp	20.0 bp −$20	46.7 bp −$467	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 31 min ago	7.16 bp	doesn't fit	42.8 bp −$428	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	−0.1391%	1h	6.7603	+0.064%	$91K	$447K	20x	as long as short
Variational Omni ENSshort	−0.0026%	8h	6.7490	−0.104%	$111K	$5K	—
OKX ENS-USDT-SWAP	−0.0011%	8h	6.7600	+0.059%	$2.4M	$3.4M	20x	as long as short
Gate ENS_USDT	+0.0014%	8h	6.7470	−0.133%	$456K	$570K	75x	as long as short
Bitget ENSUSDT	+0.0034%	8h	6.7610	+0.074%	$2.9M	$1.3M	75x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.7614	+0.080%	$15K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7650	+0.133%	$5.4M	$13.9M	75x	as long as short
Bybit ENSUSDTlong	+0.0100%	8h	6.7560	long leg	$5.4M	$3.8M	75x
MEXC ENS_USDT	+0.0100%	8h	6.7640	+0.118%	$5.5M	$862K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7630	+0.104%	$1.8M	$131K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.7580	+0.030%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7610	+0.074%	$25K	$606K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7614	+0.080%	$2K	$179K	10x	as long as short
BloFin ENS-USDT	+0.0121%	8h	6.7690	+0.192%	$313K	$75K	20x	as long as short
Hyperliquid ENS	+0.0369%	1h	6.7745	+0.274%	$3.1M	$393K	5x	as long as short