Settings8H · net · $10k
Funding arb · Price arb /

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against MEXC−0.044%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.044%, 7d avg −0.033%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENS_USDT6.77800.0044pay 0.0044% / 8h2h 32m$5.5M$822K75x
ShortBingX ENS-USDT6.77500.0039get 0.0039% / 8h2h 32m$3.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$1.05
Price spread: −0.044% → −0.033%
−$1.16
Slippage, 4 orders
−$31.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$47.85
Costs to cover
0.456%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 8 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 ago0.74 bp7.4 bp −$717.6 bp −$17662.8 bp −$6,281112.8 bp −$56.4K
Sell BingX live order book, 8 min ago3.70 bp17.5 bp −$1734.8 bp −$348164.4 bp −$16.4K432.7 bp −$216.3K

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−0.2139%1h6.7679−0.150%$92K$436K20xas long as short
Gate ENS_USDT−0.0229%8h6.7730−0.074%$460K$576K75xas long as short
Variational Omni ENS−0.0163%8h6.7618−0.240%$111K$6Kas long as short
Bybit ENSUSDT−0.0117%8h6.7710−0.103%$5.4M$3.8M75xas long as short
OKX ENS-USDT-SWAP−0.0043%8h6.7710−0.103%$2.4M$3.5M20xas long as short
Aster ENSUSDT−0.0025%8h6.7768−0.018%$9K$89K10xas long as short
Bitget ENSUSDT−0.0014%8h6.7680−0.148%$2.9M$1.3M75xas long as short
ApeX Omni ENSUSDT+0.0015%1h6.7740−0.059%$24K$612K50xas long as short
BingX ENS-USDTshort+0.0039%8h6.7750−0.044%$3.7M
MEXC ENS_USDTlong+0.0044%8h6.7780long leg$5.5M$822K75x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENSUSDT+0.0047%8h6.7770−0.015%$5.3M$13.8M75xas long as short
Extended ENS-USD+0.0048%1h6.7762−0.027%$1K$181K10xas long as short
BloFin ENS-USDT+0.0067%8h6.7750−0.044%$312K$73K20xas long as short
Hyperliquid ENS+0.0100%1h6.7888+0.159%$3.1M$415K5xas long as short
KuCoin ENSUSDTM+0.0100%8h6.7800+0.030%$1.8M$140K50xas long as short