Settings8H · net · $10k
Funding arb · Price arb /

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0110%/8h= +12.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.030%
Price spread now: Aster against OKX+0.319%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$710.710% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.319%, 7d avg +0.057%
Together, before fees−0.225%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.262% dearer against OKX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENS-USDT-SWAP6.6250−0.0010get 0.0010% / 8h6h 54m$2.3M$3.2M20x
ShortAster ENSUSDT6.64610.0100get 0.0100% / 8h6h 54m$8K$125K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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

Funding earned
$23.19
Price spread: +0.319% → +0.057%
$26.22
Slippage, 4 orders
−$53.01
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.6
Costs to cover
0.710%
Break-even
13.5 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago3.73 bp15.7 bp −$1686.9 bp −$869doesn't fitdoesn't fit
Sell Aster live order book, 48 min ago5.28 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit

ENS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ENSUSD−0.0954%1h6.6420+0.256%$94K$288K20xas long as short
OKX ENS-USDT-SWAPlong−0.0010%8h6.6250long leg$2.3M$3.2M20x
ApeX Omni ENSUSDT+0.0041%1h6.6920+1.011%$24K$605K50xas long as short
BloFin ENS-USDT+0.0086%8h6.6890+0.966%$295K$76K20xas long as short
Hyperliquid ENS+0.0100%1h6.6419+0.255%$3.0M$241K5xas long as short
Aster ENSUSDTshort+0.0100%8h6.6461+0.319%$8K$125K10x
Binance ENSUSDT+0.0100%8h6.6370+0.181%$5.1M$12.9M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6160−0.136%$5.4M$3.2M75xas long as short
Gate ENS_USDT+0.0100%8h6.6320+0.106%$480K$560K75xas long as short
MEXC ENS_USDT+0.0100%8h6.6260+0.015%$6.9M$972K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ENSUSDTM+0.0100%8h6.6460+0.317%$1.8M$117K50xas long as short
Bitget ENSUSDT+0.0100%8h6.6290+0.060%$2.9M$1.2M75xas long as short
BingX ENS-USDT+0.0100%8h6.62500.000%$11.3Mas long as short
Variational Omni ENS+0.0100%8h6.6797+0.826%$109K$21Kas long as short
Extended ENS-USD+0.0104%1h6.6290+0.061%$3K$255K10xas long as short