Funding you earn now, next payment 07:00 UTC−0.0986%/8h= −108.0% APRpaid last 24h −0.012%
Price spread now: ApeX Omni against KuCoin+0.090%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2252.252% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.090%, 7d avg +0.006%
=The price spread pays, funding is against you. ApeX Omni is 0.084% dearer against KuCoin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.006%): +$8 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.131% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ENSUSDTM | 6.6410 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $1.8M | $119K | 50x |
| Short | ApeX Omni ENSUSDT | 6.6470 | −0.0886 | pay 0.0111% / 1h | 39m 27s | $24K | $606K | 50x |
KuCoin ENSUSDTM
ApeX Omni ENSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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
- −$207.16
- Price spread: +0.090% → +0.006%
- $8.41
- Slippage, 4 orders
- −$203.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$423.93
- Costs to cover
- 2.252%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; ApeX Omni: live order book, 3 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 KuCoin live order book, 7 min ago | 9.03 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 9.03 bp | 17.1 bp −$17 | 93.0 bp −$930 | 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 | −0.1065% | 1h | 6.6272 | −0.208% | $90K | $371K | 20x | as long as short |
| ApeX Omni ENSUSDTshort | −0.0886% | 1h | 6.6470 | +0.090% | $24K | $606K | 50x | |
| OKX ENS-USDT-SWAP | +0.0010% | 8h | 6.6270 | −0.211% | $2.3M | $3.4M | 20x | as long as short |
| Gate ENS_USDT | +0.0047% | 8h | 6.6430 | +0.030% | $463K | $573K | 75x | as long as short |
| BloFin ENS-USDT | +0.0098% | 8h | 6.6390 | −0.030% | $295K | $80K | 20x | as long as short |
| Hyperliquid ENS | +0.0100% | 1h | 6.6433 | +0.035% | $3.0M | $294K | 5x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.6389 | −0.032% | $9K | $105K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6330 | −0.120% | $5.1M | $13.6M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6270 | −0.211% | $5.4M | $3.4M | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6310 | −0.151% | $6.5M | $919K | 75x | as long as short |
Kraken Futures PF_ENSUSD
OKX ENS-USDT-SWAP
Gate ENS_USDT
BloFin ENS-USDT
Hyperliquid ENS
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
MEXC ENS_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ENSUSDTMlong | +0.0100% | 8h | 6.6410 | long leg | $1.8M | $119K | 50x | |
| Bitget ENSUSDT | +0.0100% | 8h | 6.6280 | −0.196% | $2.9M | $1.2M | 75x | as long as short |
| BingX ENS-USDT | +0.0100% | 8h | 6.6360 | −0.075% | — | $7.5M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6353 | −0.085% | $106K | $9K | — | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6294 | −0.175% | $573 | $260K | 10x | as long as short |
Bitget ENSUSDT
BingX ENS-USDT
Variational Omni ENS
Extended ENS-USD