ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1164%/8h= +127.4% APRnext payment +$1.45 per $10,000 · paid last 24h +0.294%

Price spread now: ApeX Omni against Kraken Futures+0.374%75s7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$252as 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−$820.822% of the position

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−1.701%−$170 on $10k

Price spread, last 4 days (all we have)−0.414%−$41 · spread now +0.374%, 7d avg −0.001%

Together, before fees−2.115%−$211 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and ApeX Omni is 0.375% dearer against Kraken Futures than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −1.701%, so the current rate has only just turned in your favour. 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	Kraken Futures PF_ENSUSD	6.6362	−0.1064	get 0.0133% / 1h	51m 39s	$90K	$371K	20x
Short	ApeX Omni ENSUSDT	6.6610	0.0100	get 0.0013% / 1h	51m 39s	$24K	$605K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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 Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.374%Rate

Funding earned: $244.4
Price spread: +0.374% → −0.001%: $37.5
Slippage, 4 orders: −$62.17
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $199.73
Costs to cover: 0.822%
Break-even: 1.3 days

Slippage from Kraken Futures: live order book, 56 min ago; ApeX Omni: live order book, 56 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 Kraken Futures live order book, 56 min ago	14.38 bp	24.6 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 56 min ago	5.30 bp	12.3 bp −$12	97.2 bp −$972	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_ENSUSDlong	−0.1064%	1h	6.6362	long leg	$90K	$371K	20x
OKX ENS-USDT-SWAP	+0.0036%	8h	6.6320	−0.063%	$2.3M	$3.4M	20x	as long as short
Gate ENS_USDT	+0.0058%	8h	6.6440	+0.118%	$462K	$572K	75x	as long as short
BloFin ENS-USDT	+0.0091%	8h	6.6460	+0.148%	$295K	$80K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6502	+0.211%	$3.0M	$294K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6453	+0.137%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6400	+0.058%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6340	−0.033%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6390	+0.043%	$6.1M	$870K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6520	+0.239%	$1.8M	$119K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6360	−0.003%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6380	+0.028%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6388	+0.040%	$106K	$9K	—	as long as short
ApeX Omni ENSUSDTshort	+0.0100%	1h	6.6610	+0.374%	$24K	$605K	50x
Extended ENS-USD	+0.0104%	1h	6.6371	+0.015%	$3K	$258K	10x	as long as short