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

ENS

all ENS markets
SwapBacktest
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 +0.024%
Price spread now: KuCoin against Bybit+0.075%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1731.729% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.075%, 7d avg +0.080%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ENSUSDT6.64200.0100pay 0.0100% / 8h4h 38m$5.3M$3.6M75x
ShortKuCoin ENSUSDTM6.64700.0100get 0.0100% / 8h4h 38m$1.8M$133K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.075% → +0.080%
−$0.49
Slippage, 4 orders
−$149.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$173.38
Costs to cover
1.729%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: 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 Bybit live order book, 4 min ago2.26 bp15.7 bp −$1647.1 bp −$471doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago7.50 bp84.2 bp −$84635.5 bp −$6,355doesn'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−0.0854%1h6.6312−0.163%$89K$409K20xas long as short
Gate ENS_USDT+0.0003%8h6.6390−0.045%$453K$563K75xas long as short
Aster ENSUSDT+0.0100%8h6.6500+0.120%$10K$105K10xas long as short
Binance ENSUSDT+0.0100%8h6.6410−0.015%$5.2M$13.4M75xas long as short
Bybit ENSUSDTlong+0.0100%8h6.6420long leg$5.3M$3.6M75x
OKX ENS-USDT-SWAP+0.0100%8h6.6330−0.136%$2.3M$3.3M20xas long as short
MEXC ENS_USDT+0.0100%8h6.6400−0.030%$5.4M$680K75xas long as short
KuCoin ENSUSDTMshort+0.0100%8h6.6470+0.075%$1.8M$133K50x
Bitget ENSUSDT+0.0100%8h6.6490+0.105%$2.9M$1.2M75xas long as short
BingX ENS-USDT+0.0100%8h6.6430+0.015%$7.8Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ENS+0.0100%8h6.6383−0.056%$106K$8Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6440+0.030%$25K$598K50xas long as short
Extended ENS-USD+0.0104%1h6.6404−0.025%$1K$118K10xas long as short
BloFin ENS-USDT+0.0116%8h6.6380−0.060%$300K$73K20xas long as short
Hyperliquid ENS+0.0225%1h6.6464+0.066%$3.0M$297K5xas long as short