ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0919%/8h= +100.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.228%

Price spread now: Extended against Kraken Futures−0.028%7-day average −0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$284as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1071.072% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−1.765%−$177 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.028%, 7d avg −0.087%

Together, before fees−1.784%+ Points / potential airdropExtended: Active · farm board−$178 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Extended is 0.059% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.087%. Mind the row above: over the last 7 days funding on this pair cost −1.765%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ENSUSD	6.6689	−0.0815	get 0.0102% / 1h	16m 40s	$89K	$447K	20x
Short	Extended ENS-USD	6.6670	0.0104	get 0.0013% / 1h	16m 40s	$6K	$113K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.028%Rate

Funding earned: $192.92
Price spread: −0.028% → −0.087%: $5.85
Slippage, 4 orders: −$92.23
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $91.53
Costs to cover: 1.072%
Break-even: 3.7 days

Slippage from Kraken Futures: live order book, 51 min ago; Extended: live order book, 49 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, 51 min ago	23.63 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 49 min ago	2.67 bp	18.6 bp −$19	136.2 bp −$1,362	doesn't fit	doesn't fit

ENS on 14 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	−0.0815%	1h	6.6689	long leg	$89K	$447K	20x
OKX ENS-USDT-SWAP	+0.0087%	8h	6.6720	+0.046%	$2.3M	$3.5M	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6854	+0.247%	$3.0M	$310K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6638	−0.076%	$10K	$106K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6704	+0.023%	$5.2M	$14.3M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6650	−0.059%	$5.4M	$3.8M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.6630	−0.089%	$452K	$572K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6680	−0.014%	$5.4M	$783K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6750	+0.091%	$1.8M	$151K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6670	−0.029%	$2.9M	$1.4M	75x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6680	−0.014%	—	$7.8M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6793	+0.155%	$107K	$8K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6780	+0.136%	$25K	$596K	50x	as long as short
Extended ENS-USDshort	+0.0104%	1h	6.6670	−0.028%	$6K	$113K	10x