Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRnext payment +$1.68 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against OKX+0.085%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.085%, 7d avg +0.027%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.058% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ENS-USDT-SWAP | 6.7960 | −0.0091 | get 0.0091% / 8h | 1h 06m | $2.4M | $3.4M | 20x |
| Short | Binance ENSUSDT | 6.8018 | 0.0077 | get 0.0077% / 8h | 1h 06m | $5.5M | $13.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $35.22
- Price spread: +0.085% → +0.027%
- $5.83
- Slippage, 4 orders
- −$41.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.22
- Costs to cover
- 0.613%
- Break-even
- 11.0 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 4 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 OKX live order book, 1 min ago | 2.95 bp | 16.5 bp −$16 | 79.9 bp −$799 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.74 bp | 13.5 bp −$13 | 38.0 bp −$380 | 230.6 bp −$23.1K | 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 | −0.2241% | 1h | 6.7886 | −0.109% | $94K | $447K | 20x | as long as short |
| Gate ENS_USDT | −0.0219% | 8h | 6.7870 | −0.132% | $447K | $577K | 75x | as long as short |
| Variational Omni ENS | −0.0114% | 8h | 6.7926 | −0.050% | $112K | $5K | — | as long as short |
| OKX ENS-USDT-SWAPlong | −0.0091% | 8h | 6.7960 | long leg | $2.4M | $3.4M | 20x | |
| Bybit ENSUSDT | −0.0063% | 8h | 6.7910 | −0.074% | $5.5M | $3.8M | 75x | as long as short |
| Bitget ENSUSDT | −0.0062% | 8h | 6.7970 | +0.015% | $2.9M | $1.3M | 75x | as long as short |
| Aster ENSUSDT | +0.0009% | 8h | 6.7908 | −0.077% | $14K | $94K | 10x | as long as short |
| BloFin ENS-USDT | +0.0066% | 8h | 6.7930 | −0.044% | $316K | $73K | 20x | as long as short |
| Extended ENS-USD | +0.0072% | 1h | 6.7937 | −0.033% | $1K | $181K | 10x | as long as short |
| MEXC ENS_USDT | +0.0075% | 8h | 6.7940 | −0.029% | $5.6M | $866K | 75x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENS-USDT | +0.0075% | 8h | 6.7930 | −0.044% | — | $3.7M | — | as long as short |
| Binance ENSUSDTshort | +0.0077% | 8h | 6.8018 | +0.085% | $5.5M | $13.7M | 75x | |
| Hyperliquid ENS | +0.0100% | 1h | 6.8177 | +0.319% | $3.1M | $412K | 5x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.7890 | −0.103% | $1.8M | $137K | 50x | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.7970 | +0.015% | $24K | $607K | 50x | as long as short |
OKX ENS-USDT-SWAP
Binance ENSUSDT
Kraken Futures PF_ENSUSD
Gate ENS_USDT
Variational Omni ENS
Bybit ENSUSDT
Bitget ENSUSDT
Aster ENSUSDT
BloFin ENS-USDT
Extended ENS-USD
MEXC ENS_USDT
BingX ENS-USDT
Hyperliquid ENS
KuCoin ENSUSDTM
ApeX Omni ENSUSDT