Funding arb · Price arb /

ENS

all ENS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: MEXC against Aster+0.061%7-day average −0.011% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.061%, 7d avg −0.011%

Together, before fees−0.134%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.072% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ENSUSDT	6.7629	0.0100	pay 0.0100% / 8h	7h 34m	$15K	$103K	10x
Short	MEXC ENS_USDT	6.7670	0.0100	get 0.0100% / 8h	7h 34m	$5.5M	$862K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → −0.011%: $7.16
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$4.84
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 48 min ago; MEXC: live order book, 3 min ago. Net counts fees only.

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 Aster live order book, 48 min ago	6.67 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.74 bp	9.0 bp −$9	20.6 bp −$206	61.5 bp −$6,149	103.3 bp −$51.6K

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	−0.1392%	1h	6.7580	−0.071%	$91K	$445K	20x	as long as short
Variational Omni ENS	−0.0006%	8h	6.7580	−0.073%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	+0.0008%	8h	6.7620	−0.013%	$2.4M	$3.4M	20x	as long as short
Bitget ENSUSDT	+0.0051%	8h	6.7620	−0.013%	$2.9M	$1.3M	75x	as long as short
Aster ENSUSDTlong	+0.0100%	8h	6.7629	long leg	$15K	$103K	10x
Binance ENSUSDT	+0.0100%	8h	6.7670	+0.061%	$5.4M	$13.7M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.7570	−0.087%	$5.4M	$3.8M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.7560	−0.102%	$457K	$570K	75x	as long as short
MEXC ENS_USDTshort	+0.0100%	8h	6.7670	+0.061%	$5.5M	$862K	75x
KuCoin ENSUSDTM	+0.0100%	8h	6.7670	+0.061%	$1.8M	$130K	50x	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	+0.0100%	8h	6.7610	−0.028%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7670	+0.061%	$25K	$606K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7654	+0.037%	$233	$126K	10x	as long as short
BloFin ENS-USDT	+0.0106%	8h	6.7680	+0.076%	$312K	$74K	20x	as long as short
Hyperliquid ENS	+0.0373%	1h	6.7782	+0.227%	$3.1M	$368K	5x	as long as short