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+0.0183%/8h= +20.1% APRnext payment +$1.83 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against Variational Omni+0.837%7-day average +0.072% · you sell dearer than you buy
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)+0.044%+$4 on $10k
Price spread, last 3 days (all we have)−0.884%−$88 · spread now +0.837%, 7d avg +0.072%
Together, before fees−0.841%+ Points / potential airdropVariational Omni: Active · farm board−$84 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.765% dearer against Variational Omni than usual: you sell high and buy low: +$76 more if the spread goes back to its 7-day average of +0.072%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.044% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ENS6.7262−0.0145get 0.0145% / 8h1h 55m$111K$6K
ShortBinance ENSUSDT6.78250.0038get 0.0038% / 8h1h 55m$5.3M$13.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$38.46
Price spread: +0.837% → +0.072%
$76.47
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$104.93
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 28 min ago; Binance: live order book, 15 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 Variational Omni RFQ quote, 28 min ago6.39 bpdoesn't fit59.8 bp −$598doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.74 bp13.4 bp −$1334.3 bp −$343252.2 bp −$25.2Kdoesn'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−0.2246%1h6.7732+0.699%$92K$436K20xas long as short
Gate ENS_USDT−0.0250%8h6.7720+0.681%$461K$562K75xas long as short
Variational Omni ENSlong−0.0145%8h6.7262long leg$111K$6K
Bybit ENSUSDT−0.0088%8h6.7780+0.770%$5.4M$3.8M75xas long as short
Bitget ENSUSDT−0.0067%8h6.7760+0.740%$2.9M$1.3M75xas long as short
OKX ENS-USDT-SWAP−0.0062%8h6.7760+0.740%$2.4M$3.5M20xas long as short
Aster ENSUSDT−0.0035%8h6.7825+0.837%$8K$89K10xas long as short
BingX ENS-USDT+0.0036%8h6.7790+0.785%$3.7Mas long as short
MEXC ENS_USDT+0.0038%8h6.7820+0.830%$5.5M$831K75xas long as short
Binance ENSUSDTshort+0.0038%8h6.7825+0.837%$5.3M$13.8M75x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ENSUSDT+0.0039%1h6.7390+0.190%$24K$609K50xas long as short
Extended ENS-USD+0.0040%1h6.7810+0.814%$1K$181K10xas long as short
BloFin ENS-USDT+0.0043%8h6.7610+0.517%$312K$73K20xas long as short
Hyperliquid ENS+0.0100%1h6.7981+1.069%$3.1M$414K5xas long as short
KuCoin ENSUSDTM+0.0100%8h6.7780+0.770%$1.8M$139K50xas long as short