Funding arb · Price arb /

ENS

all ENS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Aster against Bitget−0.033%7-day average +0.025% · 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−$85as in the Price arb table

costs, in and out, $10k−$790.793% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.033%, 7d avg +0.025%

Together, before fees+0.134%+ Points / potential airdropAster: Stage 5 · farm board+$13 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 0.058% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.6420	0.0100	pay 0.0100% / 8h	7h 58m	$2.9M	$1.2M	75x
Short	Aster ENSUSDT	6.6398	0.0100	get 0.0100% / 8h	7h 58m	$8K	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → +0.025%: −$5.85
Slippage, 4 orders: −$59.27
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$85.12
Costs to cover: 0.793%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 50 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 Bitget live order book, 4 min ago	5.28 bp	23.2 bp −$23	49.9 bp −$499	doesn't fit	doesn't fit
Sell Aster live order book, 50 min ago	7.49 bp	19.5 bp −$19	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	−0.0944%	1h	6.6239	−0.272%	$90K	$346K	20x	as long as short
OKX ENS-USDT-SWAP	−0.0006%	8h	6.6310	−0.166%	$2.3M	$3.3M	20x	as long as short
BloFin ENS-USDT	+0.0094%	8h	6.6360	−0.090%	$294K	$76K	20x	as long as short
Aster ENSUSDTshort	+0.0100%	8h	6.6398	−0.033%	$8K	$104K	10x
Binance ENSUSDT	+0.0100%	8h	6.6398	−0.033%	$5.1M	$13.3M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6380	−0.060%	$5.4M	$3.2M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.6350	−0.105%	$463K	$551K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6400	−0.030%	$6.9M	$1.0M	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6390	−0.045%	$1.8M	$118K	50x	as long as short
Bitget ENSUSDTlong	+0.0100%	8h	6.6420	long leg	$2.9M	$1.2M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6350	−0.105%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6231	−0.284%	$106K	$15K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6280	−0.211%	$24K	$608K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6365	−0.082%	$3K	$252K	10x	as long as short
Hyperliquid ENS	+0.0367%	1h	6.6486	+0.099%	$3.0M	$293K	5x	as long as short