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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.03 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against BingX+0.226%351s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 3 days (all we have)−0.247%−$25 · spread now +0.226%, 7d avg +0.058%
Together, before fees−0.262%−$26 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: BloFin is 0.168% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.058%. The two prices were read 351 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ENS-USDT6.64100.0100pay 0.0100% / 8h6h 43m$7.8M
ShortBloFin ENS-USDT6.65600.0097get 0.0097% / 8h6h 43m$301K$77K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$0.64
Price spread: +0.226% → +0.058%
$16.78
Slippage, 4 orders
−$42.63
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$48.49
Costs to cover
0.646%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 19 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 BingX live order book, 10 min ago5.26 bp16.9 bp −$1737.3 bp −$373206.9 bp −$20.7K435.7 bp −$217.9K
Sell BloFin live order book, 19 min ago1.49 bp10.6 bp −$1125.4 bp −$254doesn'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−0.0820%1h6.6268−0.215%$87K$447K20xas long as short
OKX ENS-USDT-SWAP+0.0068%8h6.6290−0.181%$2.3M$3.5M20xas long as short
Variational Omni ENS+0.0078%8h6.6315−0.143%$106K$8Kas long as short
BloFin ENS-USDTshort+0.0097%8h6.6560+0.226%$301K$77K20x
Aster ENSUSDT+0.0100%8h6.6463+0.079%$11K$106K10xas long as short
Binance ENSUSDT+0.0100%8h6.6448+0.057%$5.1M$14.2M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6370−0.060%$5.4M$3.8M75xas long as short
Gate ENS_USDT+0.0100%8h6.64100.000%$458K$566K75xas long as short
MEXC ENS_USDT+0.0100%8h6.6480+0.105%$5.4M$775K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6440+0.045%$1.8M$144K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ENSUSDT+0.0100%8h6.6450+0.060%$3.0M$1.3M75xas long as short
BingX ENS-USDTlong+0.0100%8h6.6410long leg$7.8M
ApeX Omni ENSUSDT+0.0100%1h6.6460+0.075%$25K$603K50xas long as short
Extended ENS-USD+0.0104%1h6.6446+0.054%$194$107K10xas long as short
Hyperliquid ENS+0.0221%1h6.6513+0.155%$3.0M$355K5xas long as short