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

ENS

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1165%/8h= +127.5% APRnext payment +$1.46 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against ApeX Omni−0.258%72s7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.258%, 7d avg −0.079%
Together, before fees+0.274%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.179% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of −0.079%). If the spread goes back, that is −$18 on $10k: about 12 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.078% in total) that is about 16 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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
LongApeX Omni ENSUSDT6.6550−0.1061get 0.0133% / 1h46m 23s$24K$605K50x
ShortExtended ENS-USD6.63780.0104get 0.0013% / 1h46m 23s$3K$258K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$244.57
Price spread: −0.258% → −0.079%
−$17.89
Slippage, 4 orders
−$46.28
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$165.4
Costs to cover
0.613%
Break-even
2.3 days
Slippage from ApeX Omni: live order book, 61 min ago; Extended: live order book, 61 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 ApeX Omni live order book, 61 min ago5.30 bp13.1 bp −$1396.7 bp −$967doesn't fitdoesn't fit
Sell Extended live order book, 61 min ago2.58 bp17.6 bp −$18170.5 bp −$1,705doesn'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−0.1064%1h6.6351−0.298%$90K$371K20xas long as short
ApeX Omni ENSUSDTlong−0.1061%1h6.6550long leg$24K$605K50x
OKX ENS-USDT-SWAP+0.0015%8h6.6340−0.316%$2.3M$3.4M20xas long as short
Gate ENS_USDT+0.0059%8h6.6480−0.105%$463K$572K75xas long as short
Hyperliquid ENS+0.0100%1h6.6508−0.063%$3.0M$294K5xas long as short
Aster ENSUSDT+0.0100%8h6.6490−0.090%$9K$105K10xas long as short
Binance ENSUSDT+0.0100%8h6.6405−0.218%$5.1M$13.6M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6400−0.225%$5.4M$3.4M75xas long as short
MEXC ENS_USDT+0.0100%8h6.6410−0.210%$6.5M$918K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6490−0.090%$1.8M$119K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ENSUSDT+0.0100%8h6.6360−0.285%$2.9M$1.2M75xas long as short
BingX ENS-USDT+0.0100%8h6.6330−0.331%$7.5Mas long as short
Variational Omni ENS+0.0100%8h6.6399−0.227%$106K$9Kas long as short
Extended ENS-USDshort+0.0104%1h6.6378−0.258%$3K$258K10x
BloFin ENS-USDT+0.0110%8h6.6450−0.150%$295K$80K20xas long as short