Funding arb · Price arb /

ENS

all ENS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%

Price spread now: Aster against ApeX Omni−0.192%109s7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.654% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.192%, 7d avg −0.042%

Together, before fees+0.148%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: Aster is 0.151% cheaper against ApeX Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.042%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ENSUSDT	6.6590	0.0100	pay 0.0013% / 1h	55m 43s	$24K	$605K	50x
Short	Aster ENSUSDT	6.6462	0.0100	get 0.0100% / 8h	1h 55m	$9K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.192%Rate

Funding earned: $0
Price spread: −0.192% → −0.042%: −$15.08
Slippage, 4 orders: −$47.37
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$80.46
Costs to cover: 0.654%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 52 min ago; Aster: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 52 min ago	5.30 bp	13.1 bp −$13	96.7 bp −$967	doesn't fit	doesn't fit
Sell Aster live order book, 62 min ago	4.52 bp	24.1 bp −$24	doesn't fit	doesn't fit	doesn't fit

ENS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ENSUSD	−0.1063%	1h	6.6389	−0.301%	$90K	$372K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0067%	8h	6.6390	−0.300%	$2.3M	$3.4M	20x	as long as short
Gate ENS_USDT	+0.0091%	8h	6.6630	+0.060%	$463K	$572K	75x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6556	−0.051%	$3.0M	$295K	5x	as long as short
Aster ENSUSDTshort	+0.0100%	8h	6.6462	−0.192%	$9K	$105K	10x
Binance ENSUSDT	+0.0100%	8h	6.6453	−0.206%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6400	−0.285%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6450	−0.210%	$6.2M	$862K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6540	−0.075%	$1.8M	$119K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6480	−0.165%	$2.9M	$1.2M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6430	−0.240%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6388	−0.303%	$106K	$9K	—	as long as short
ApeX Omni ENSUSDTlong	+0.0100%	1h	6.6590	long leg	$24K	$605K	50x
Extended ENS-USD	+0.0104%	1h	6.6443	−0.221%	$3K	$258K	10x	as long as short
BloFin ENS-USDT	+0.0120%	8h	6.6550	−0.060%	$293K	$80K	20x	as long as short