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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against OKX+0.166%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$740.739% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 days−0.163%−$16 · spread now +0.166%, 7d avg −0.010%
Together, before fees−0.111%−$11 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 0.176% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENS-USDT-SWAP6.64600.0092pay 0.0092% / 8h6h 29m$2.3M$3.5M20x
ShortBingX ENS-USDT6.65700.0100get 0.0100% / 8h6h 29m$7.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$1.75
Price spread: +0.166% → −0.010%
$17.56
Slippage, 4 orders
−$53.88
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$54.56
Costs to cover
0.739%
Break-even
224.9 days
Slippage from OKX: live order book, 3 min ago; BingX: 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 OKX live order book, 3 min ago3.01 bp17.9 bp −$18110.7 bp −$1,107doesn't fitdoesn't fit
Sell BingX live order book, 3 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−0.0817%1h6.6502+0.063%$87K$445K20xas long as short
OKX ENS-USDT-SWAPlong+0.0092%8h6.6460long leg$2.3M$3.5M20x
Aster ENSUSDT+0.0100%8h6.6456−0.006%$10K$106K10xas long as short
Binance ENSUSDT+0.0100%8h6.6560+0.150%$5.1M$14.2M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6530+0.105%$5.4M$3.8M75xas long as short
Gate ENS_USDT+0.0100%8h6.6480+0.030%$458K$567K75xas long as short
MEXC ENS_USDT+0.0100%8h6.6550+0.135%$5.4M$777K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6480+0.030%$1.8M$144K50xas long as short
Bitget ENSUSDT+0.0100%8h6.6590+0.196%$2.9M$1.4M75xas long as short
BingX ENS-USDTshort+0.0100%8h6.6570+0.166%$7.8M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENS+0.0100%8h6.6380−0.121%$106K$8Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6440−0.030%$25K$599K50xas long as short
Extended ENS-USD+0.0104%1h6.6552+0.139%$6K$113K10xas long as short
Hyperliquid ENS+0.0172%1h6.6632+0.259%$3.0M$313K5xas long as short