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−0.0109%/8h= −12.0% APRnext payment $1.09 per $10,000 · paid last 24h −0.026%
Price spread now: Variational Omni against OKX−0.177%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.032%−$3 on $10k
Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.177%, 7d avg −0.024%
Together, before fees+0.137%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.152% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENS-USDT-SWAP6.7630−0.0052get 0.0052% / 8h2h 45m$2.4M$3.5M20x
ShortVariational Omni ENS6.7510−0.0161pay 0.0161% / 8h2h 45m$111K$6K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$22.92
Price spread: −0.177% → −0.024%
−$15.25
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$48.17
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 43 min ago. Net counts fees only.

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, 2 min ago2.22 bp18.3 bp −$1885.6 bp −$856doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 43 min ago5.65 bpdoesn't fit55.0 bp −$550doesn't fitdoesn'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−0.2141%1h6.7621−0.013%$92K$436K20xas long as short
ApeX Omni ENSUSDT−0.0291%1h6.7670+0.059%$24K$613K50xas long as short
Gate ENS_USDT−0.0256%8h6.7680+0.074%$460K$576K75xas long as short
Variational Omni ENSshort−0.0161%8h6.7510−0.177%$111K$6K
Bybit ENSUSDT−0.0141%8h6.7610−0.030%$5.4M$3.8M75xas long as short
OKX ENS-USDT-SWAPlong−0.0052%8h6.7630long leg$2.4M$3.5M20x
Aster ENSUSDT−0.0038%8h6.7700+0.104%$9K$87K10xas long as short
Bitget ENSUSDT−0.0021%8h6.7620−0.015%$2.9M$1.3M75xas long as short
BloFin ENS-USDT+0.0031%8h6.7680+0.074%$314K$73K20xas long as short
Extended ENS-USD+0.0032%1h6.7660+0.045%$1K$181K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ENS_USDT+0.0035%8h6.7670+0.059%$5.5M$822K75xas long as short
Binance ENSUSDT+0.0036%8h6.7667+0.055%$5.3M$13.8M75xas long as short
BingX ENS-USDT+0.0043%8h6.7610−0.030%$3.9Mas long as short
Hyperliquid ENS+0.0100%1h6.7812+0.269%$3.1M$415K5xas long as short
KuCoin ENSUSDTM+0.0100%8h6.7700+0.104%$1.8M$140K50xas long as short