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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Bybit+0.030%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.030%, 7d avg +0.038%
Together, before fees−0.125%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENSUSDT6.63500.0100pay 0.0100% / 8h7h 51m$5.4M$3.2M75x
ShortBitget ENSUSDT6.63700.0100get 0.0100% / 8h7h 51m$2.9M$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
Price spread: +0.030% → +0.038%
−$0.82
Slippage, 4 orders
−$46.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$70.4
Costs to cover
0.696%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 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 Bybit live order book, 2 min ago3.77 bp19.8 bp −$2056.8 bp −$568doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.53 bp16.9 bp −$1748.4 bp −$484doesn'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−0.0942%1h6.6353+0.005%$90K$345K20xas long as short
OKX ENS-USDT-SWAP+0.0002%8h6.6360+0.015%$2.3M$3.3M20xas long as short
BloFin ENS-USDT+0.0079%8h6.6420+0.106%$294K$76K20xas long as short
Aster ENSUSDT+0.0100%8h6.6352+0.003%$8K$102K10xas long as short
Binance ENSUSDT+0.0100%8h6.6409+0.089%$5.1M$13.3M75xas long as short
Bybit ENSUSDTlong+0.0100%8h6.6350long leg$5.4M$3.2M75x
Gate ENS_USDT+0.0100%8h6.6270−0.121%$462K$551K75xas long as short
MEXC ENS_USDT+0.0100%8h6.6410+0.090%$6.9M$1.0M75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.63500.000%$1.8M$118K50xas long as short
Bitget ENSUSDTshort+0.0100%8h6.6370+0.030%$2.9M$1.2M75x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ENS-USDT+0.0100%8h6.6330−0.030%$7.5Mas long as short
Variational Omni ENS+0.0100%8h6.6289−0.092%$108K$17Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6260−0.136%$24K$607K50xas long as short
Extended ENS-USD+0.0104%1h6.6345−0.008%$3K$252K10xas long as short
Hyperliquid ENS+0.0225%1h6.6476+0.190%$3.0M$292K5xas long as short