Funding arb · Price arb /

ENS

all ENS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0919%/8h= +100.7% APRpaid last 24h +0.227%

Price spread now: Aster against Kraken Futures+0.395%7-day average −0.049% · you sell dearer than you buy

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

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−1.633%−$163 on $10k

Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.395%, 7d avg −0.049%

Together, before fees−2.083%+ Points / potential airdropAster: Stage 5 · farm board−$208 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Aster is 0.444% dearer against Kraken Futures than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of −0.049%. Mind the row above: over the last 5 days funding on this pair cost −1.633%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ENSUSD	6.6308	−0.0819	get 0.0102% / 1h	29m 13s	$87K	$445K	20x
Short	Aster ENSUSDT	6.6570	0.0100	get 0.0100% / 8h	6h 29m	$10K	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now +0.395%Rate

Funding earned: $193.06
Price spread: +0.395% → −0.049%: $44.43
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $219.49
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 39 min ago; Aster: live order book, 49 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 Kraken Futures live order book, 39 min ago	23.63 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 49 min ago	6.66 bp	17.5 bp −$18	doesn't fit	doesn't fit	doesn't fit

ENS on 14 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_ENSUSDlong	−0.0819%	1h	6.6308	long leg	$87K	$445K	20x
OKX ENS-USDT-SWAP	+0.0092%	8h	6.6340	+0.049%	$2.3M	$3.5M	20x	as long as short
Aster ENSUSDTshort	+0.0100%	8h	6.6570	+0.395%	$10K	$106K	10x
Binance ENSUSDT	+0.0100%	8h	6.6509	+0.303%	$5.1M	$14.2M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6510	+0.305%	$5.4M	$3.8M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.6470	+0.245%	$458K	$567K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6580	+0.411%	$5.4M	$777K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6550	+0.365%	$1.8M	$144K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6510	+0.305%	$2.9M	$1.4M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6570	+0.395%	—	$7.8M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENS	+0.0100%	8h	6.6380	+0.108%	$106K	$8K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6440	+0.199%	$25K	$599K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6539	+0.349%	$6K	$113K	10x	as long as short
Hyperliquid ENS	+0.0170%	1h	6.6565	+0.388%	$3.0M	$313K	5x	as long as short