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 0.000%
Price spread now: BingX against KuCoin+0.015%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1751.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days+0.032%+$3 · spread now +0.015%, 7d avg −0.040%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ENSUSDTM6.67200.0100pay 0.0100% / 8h6h 26m$1.8M$146K50x
ShortBingX ENS-USDT6.67300.0100get 0.0100% / 8h6h 26m$7.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: +0.015% → −0.040%
$5.46
Slippage, 4 orders
−$153.34
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$169.88
Costs to cover
1.753%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 7 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 KuCoin live order book, 5 min ago10.54 bp63.0 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago5.27 bp20.1 bp −$2039.0 bp −$390141.1 bp −$14.1K451.0 bp −$225.5K

ENS on 14 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−0.0814%1h6.6728+0.012%$88K$445K20xas long as short
OKX ENS-USDT-SWAP+0.0097%8h6.67200.000%$2.3M$3.5M20xas long as short
Aster ENSUSDT+0.0100%8h6.6692−0.042%$10K$106K10xas long as short
Binance ENSUSDT+0.0100%8h6.6785+0.097%$5.1M$14.2M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6690−0.045%$5.4M$3.8M75xas long as short
Gate ENS_USDT+0.0100%8h6.6650−0.105%$459K$567K75xas long as short
MEXC ENS_USDT+0.0100%8h6.6750+0.045%$5.4M$778K75xas long as short
KuCoin ENSUSDTMlong+0.0100%8h6.6720long leg$1.8M$146K50x
Bitget ENSUSDT+0.0100%8h6.6730+0.015%$2.9M$1.4M75xas long as short
BingX ENS-USDTshort+0.0100%8h6.6730+0.015%$7.8M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENS+0.0100%8h6.6669−0.076%$106K$8Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6510−0.315%$25K$598K50xas long as short
Extended ENS-USD+0.0104%1h6.6756+0.053%$6K$113K10xas long as short
Hyperliquid ENS+0.0154%1h6.6839+0.178%$3.0M$313K5xas long as short