Funding you earn now, next payment 05:00 UTC−0.0673%/8h= −73.7% APRnext payment −$0.84 per $10,000 · paid last 24h −0.264%
Price spread now: Kraken Futures against ApeX Omni+0.274%75s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs+$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1041.043% of the position
Funding, last 7 days+1.757%+$176 on $10k
+Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.274%, 7d avg +0.006%
=The price spread pays, funding is against you. Kraken Futures is 0.268% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.274% now, against its 7-day average of +0.006%): +$27 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 32 hours. Mind the row above: over the last 7 days funding on this pair paid +1.757%, so the current rate has only just turned against you. The two prices were read 75 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 | 6.6650 | 0.0002 | pay 0.0000% / 1h | 15m 34s | $25K | $600K | 50x |
| Short | Kraken Futures PF_ENSUSD | 6.6832 | −0.0672 | pay 0.0084% / 1h | 15m 34s | $90K | $389K | 20x |
ApeX Omni ENSUSDT
Kraken Futures PF_ENSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$141.36
- Price spread: +0.274% → +0.006%
- $26.77
- Slippage, 4 orders
- −$84.29
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$218.88
- Costs to cover
- 1.043%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 37 min ago; Kraken Futures: live order book, 37 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, 37 min ago | 6.69 bp | 14.6 bp −$15 | 96.9 bp −$969 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 37 min ago | 28.25 bp | 39.9 bp −$40 | 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_ENSUSDshort | −0.0672% | 1h | 6.6832 | +0.274% | $90K | $389K | 20x | |
| ApeX Omni ENSUSDTlong | +0.0002% | 1h | 6.6650 | long leg | $25K | $600K | 50x | |
| Gate ENS_USDT | +0.0085% | 8h | 6.6910 | +0.390% | $458K | $562K | 75x | as long as short |
| OKX ENS-USDT-SWAP | +0.0099% | 8h | 6.6950 | +0.450% | $2.4M | $3.4M | 20x | as long as short |
| Hyperliquid ENS | +0.0100% | 1h | 6.7054 | +0.606% | $3.1M | $293K | 5x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.6980 | +0.495% | $10K | $103K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6980 | +0.495% | $5.2M | $13.4M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6910 | +0.390% | $5.4M | $3.4M | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6990 | +0.510% | $5.9M | $808K | 75x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6920 | +0.405% | $1.8M | $126K | 50x | as long as short |
Gate ENS_USDT
OKX ENS-USDT-SWAP
Hyperliquid ENS
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
MEXC ENS_USDT
KuCoin ENSUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ENSUSDT | +0.0100% | 8h | 6.7000 | +0.525% | $2.9M | $1.2M | 75x | as long as short |
| BingX ENS-USDT | +0.0100% | 8h | 6.6930 | +0.420% | — | $7.7M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6843 | +0.290% | $107K | $9K | — | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6960 | +0.465% | $3K | $167K | 10x | as long as short |
| BloFin ENS-USDT | +0.0111% | 8h | 6.6750 | +0.150% | $300K | $79K | 20x | as long as short |
Bitget ENSUSDT
BingX ENS-USDT
Variational Omni ENS
Extended ENS-USD
BloFin ENS-USDT