Funding you earn now, next payment 22:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.034%
Price spread now: Variational Omni against Extended−0.090%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)+0.265%+$27 · spread now −0.090%, 7d avg −0.038%
=Together, before fees+0.212%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.052% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.054% in total (about -6.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ENS-USD | 6.7842 | 0.0048 | pay 0.0006% / 1h | 56m 58s | $1K | $181K | 10x |
| Short | Variational Omni ENS | 6.7781 | −0.0160 | pay 0.0160% / 8h | 2h 56m | $111K | $6K | — |
Extended ENS-USD
Variational Omni ENSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$43.71
- Price spread: −0.090% → −0.038%
- −$5.21
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$53.92
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 29 min ago; Variational Omni: RFQ quote, 32 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 Extended live order book, 29 min ago | 2.36 bp | 19.6 bp −$20 | 187.1 bp −$1,871 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 32 min ago | 5.65 bp | doesn't fit | 55.0 bp −$550 | 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 | −0.2138% | 1h | 6.7713 | −0.189% | $93K | $438K | 20x | as long as short |
| Gate ENS_USDT | −0.0236% | 8h | 6.7750 | −0.135% | $460K | $576K | 75x | as long as short |
| Variational Omni ENSshort | −0.0160% | 8h | 6.7781 | −0.090% | $111K | $6K | — | |
| Bybit ENSUSDT | −0.0130% | 8h | 6.7750 | −0.135% | $5.4M | $3.8M | 75x | as long as short |
| OKX ENS-USDT-SWAP | −0.0040% | 8h | 6.7840 | −0.003% | $2.4M | $3.5M | 20x | as long as short |
| Aster ENSUSDT | −0.0022% | 8h | 6.7853 | +0.016% | $9K | $87K | 10x | as long as short |
| Bitget ENSUSDT | −0.0002% | 8h | 6.7770 | −0.106% | $2.9M | $1.3M | 75x | as long as short |
| BloFin ENS-USDT | +0.0025% | 8h | 6.7730 | −0.165% | $314K | $74K | 20x | as long as short |
| Extended ENS-USDlong | +0.0048% | 1h | 6.7842 | long leg | $1K | $181K | 10x | |
| MEXC ENS_USDT | +0.0048% | 8h | 6.7800 | −0.062% | $5.5M | $815K | 75x | as long as short |
Kraken Futures PF_ENSUSD
Gate ENS_USDT
Bybit ENSUSDT
OKX ENS-USDT-SWAP
Aster ENSUSDT
Bitget ENSUSDT
BloFin ENS-USDT
MEXC ENS_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ENSUSDT | +0.0049% | 8h | 6.7857 | +0.023% | $5.3M | $13.9M | 75x | as long as short |
| BingX ENS-USDT | +0.0052% | 8h | 6.7790 | −0.076% | — | $3.9M | — | as long as short |
| Hyperliquid ENS | +0.0100% | 1h | 6.7980 | +0.204% | $3.1M | $420K | 5x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.7840 | −0.003% | $1.8M | $141K | 50x | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.7980 | +0.204% | $24K | $614K | 50x | as long as short |
Binance ENSUSDT
BingX ENS-USDT
Hyperliquid ENS
KuCoin ENSUSDTM
ApeX Omni ENSUSDT