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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.7% APRnext payment +$0.42 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against OKX0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.754% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 days+0.023%+$2 · spread now 0.000%, 7d avg −0.014%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ENS-USDT-SWAP6.7430−0.0074get 0.0074% / 8h25m 04s$2.4M$3.4M20x
ShortBitget ENSUSDT6.7430−0.0032pay 0.0032% / 8h25m 04s$2.9M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$8.92
Price spread: 0.000% → −0.014%
$1.44
Slippage, 4 orders
−$53.44
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.07
Costs to cover
0.754%
Break-even
58.1 days
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago1.48 bp21.7 bp −$2283.4 bp −$834doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.71 bp20.2 bp −$2044.3 bp −$443doesn'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−0.1948%1h6.7381−0.072%$92K$447K20xas long as short
Gate ENS_USDT−0.0241%8h6.7420−0.015%$458K$585K75xas long as short
Variational Omni ENS−0.0085%8h6.7417−0.019%$111K$5Kas long as short
OKX ENS-USDT-SWAPlong−0.0074%8h6.7430long leg$2.4M$3.4M20x
ApeX Omni ENSUSDT−0.0050%1h6.7530+0.148%$24K$608K50xas long as short
Bitget ENSUSDTshort−0.0032%8h6.74300.000%$2.9M$1.3M75x
Bybit ENSUSDT−0.0016%8h6.7390−0.059%$5.4M$3.8M75xas long as short
Aster ENSUSDT+0.0035%8h6.7445+0.023%$15K$102K10xas long as short
BloFin ENS-USDT+0.0081%8h6.7420−0.015%$316K$74K20xas long as short
Binance ENSUSDT+0.0100%8h6.7445+0.023%$5.4M$14.0M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ENS_USDT+0.0100%8h6.74300.000%$5.5M$861K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.7420−0.015%$1.8M$138K50xas long as short
BingX ENS-USDT+0.0100%8h6.7410−0.030%$3.6Mas long as short
Extended ENS-USD+0.0104%1h6.7433+0.005%$1K$181K10xas long as short
Hyperliquid ENS+0.0292%1h6.7607+0.262%$3.1M$413K5xas long as short