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: Binance against MEXC+0.020%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.020%, 7d avg +0.004%
Together, before fees−0.002%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENS_USDT6.57200.0100pay 0.0100% / 8h2h 22m$6.1M$870K75x
ShortBinance ENSUSDT6.57330.0100get 0.0100% / 8h2h 22m$5.1M$13.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.020% → +0.004%
$1.67
Slippage, 4 orders
−$30.08
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$42.41
Costs to cover
0.441%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: 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 MEXC live order book, 5 min ago0.76 bp6.8 bp −$717.9 bp −$17961.0 bp −$6,097105.8 bp −$52.9K
Sell Binance live order book, 3 min ago0.76 bp16.2 bp −$1636.4 bp −$364216.1 bp −$21.6Kdoesn'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−0.1038%1h6.5478−0.368%$89K$379K20xas long as short
Gate ENS_USDT+0.0049%8h6.5610−0.167%$455K$572K75xas long as short
OKX ENS-USDT-SWAP+0.0063%8h6.5830+0.167%$2.3M$3.4M20xas long as short
BloFin ENS-USDT+0.0095%8h6.5480−0.365%$291K$78K20xas long as short
Aster ENSUSDT+0.0100%8h6.5681−0.059%$9K$105K10xas long as short
Binance ENSUSDTshort+0.0100%8h6.5733+0.020%$5.1M$13.6M75x
Bybit ENSUSDT+0.0100%8h6.57200.000%$5.3M$3.4M75xas long as short
MEXC ENS_USDTlong+0.0100%8h6.5720long leg$6.1M$870K75x
KuCoin ENSUSDTM+0.0100%8h6.5640−0.122%$1.7M$119K50xas long as short
Bitget ENSUSDT+0.0100%8h6.5680−0.061%$2.9M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ENS-USDT+0.0100%8h6.5660−0.091%$7.7Mas long as short
Variational Omni ENS+0.0100%8h6.5309−0.625%$104K$9Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.5370−0.533%$24K$606K50xas long as short
Extended ENS-USD+0.0104%1h6.5683−0.057%$633$258K10xas long as short
Hyperliquid ENS+0.0185%1h6.5870+0.228%$3.0M$295K5xas long as short