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+0.0023%/8h= +2.6% APRnext payment +$0.23 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against BloFin−0.106%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.106%, 7d avg −0.045%
Together, before fees+0.295%+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.060% cheaper against BloFin than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of −0.045%). If the spread goes back, that is −$6 on $10k: about 8.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.015% in total) that is about 28 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ENS-USDT6.63200.0077pay 0.0077% / 8h5h 52m$293K$75K20x
ShortBingX ENS-USDT6.62500.0100get 0.0100% / 8h5h 52m$11.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$4.93
Price spread: −0.106% → −0.045%
−$6.04
Slippage, 4 orders
−$38.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$61.36
Costs to cover
0.603%
Break-even
94.0 days
Slippage from BloFin: live order book, 54 min ago; BingX: live order book, 4 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 BloFin live order book, 54 min ago1.51 bp11.1 bp −$1128.5 bp −$285doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago5.27 bp17.7 bp −$1835.4 bp −$354139.8 bp −$14.0K452.4 bp −$226.2K

ENS on 15 exchanges

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−0.0958%1h6.6288−0.048%$94K$261K20xas long as short
OKX ENS-USDT-SWAP+0.0018%8h6.6240−0.121%$2.3M$3.0M20xas long as short
BloFin ENS-USDTlong+0.0077%8h6.6320long leg$293K$75K20x
Hyperliquid ENS+0.0100%1h6.6373+0.080%$3.0M$199K5xas long as short
Aster ENSUSDT+0.0100%8h6.6352+0.049%$8K$124K10xas long as short
Binance ENSUSDT+0.0100%8h6.6293−0.040%$5.1M$12.1M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6260−0.090%$5.4M$3.1M75xas long as short
Gate ENS_USDT+0.0100%8h6.6250−0.106%$439K$585K75xas long as short
MEXC ENS_USDT+0.0100%8h6.6300−0.030%$6.9M$924K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6370+0.075%$1.7M$118K50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ENSUSDT+0.0100%8h6.6340+0.030%$2.9M$1.2M75xas long as short
BingX ENS-USDTshort+0.0100%8h6.6250−0.106%$11.3M
Variational Omni ENS+0.0100%8h6.6313−0.010%$108K$20Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6450+0.196%$24K$600K50xas long as short
Extended ENS-USD+0.0104%1h6.6288−0.048%$4K$254K10xas long as short