Funding you earn now, next payment 10:00 UTC−0.0059%/8h= −6.5% APRpaid last 24h +0.014%
Price spread now: ApeX Omni against Gate+0.905%66s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$920.922% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.664%−$66 · spread now +0.905%, 7d avg +0.090%
=The price spread pays, funding is against you. ApeX Omni is 0.815% dearer against Gate than usual: you sell high and buy low (spread +0.905% now, against its 7-day average of +0.090%): +$81 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ENS_USDT | 6.6320 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $480K | $560K | 75x |
| Short | ApeX Omni ENSUSDT | 6.6920 | 0.0041 | get 0.0005% / 1h | 54m 29s | $24K | $605K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.48
- Price spread: +0.905% → +0.090%
- $81.46
- Slippage, 4 orders
- −$67.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$23.23
- Costs to cover
- 0.922%
- Break-even
- never at this rate
Slippage from Gate: live order book, 36 min ago; ApeX Omni: live order book, 38 min ago.
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 Gate live order book, 36 min ago | 6.85 bp | 26.0 bp −$26 | 128.0 bp −$1,280 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 6.84 bp | 19.4 bp −$19 | 102.2 bp −$1,022 | doesn't fit | doesn't fit |
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 | −0.0954% | 1h | 6.6420 | +0.150% | $94K | $288K | 20x | as long as short |
| OKX ENS-USDT-SWAP | −0.0008% | 8h | 6.6350 | +0.045% | $2.3M | $3.2M | 20x | as long as short |
| ApeX Omni ENSUSDTshort | +0.0041% | 1h | 6.6920 | +0.905% | $24K | $605K | 50x | |
| BloFin ENS-USDT | +0.0086% | 8h | 6.6890 | +0.859% | $295K | $76K | 20x | as long as short |
| Hyperliquid ENS | +0.0100% | 1h | 6.6494 | +0.262% | $3.0M | $241K | 5x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.6484 | +0.248% | $8K | $125K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6420 | +0.151% | $5.1M | $12.9M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6400 | +0.121% | $5.4M | $3.2M | 75x | as long as short |
| Gate ENS_USDTlong | +0.0100% | 8h | 6.6320 | long leg | $480K | $560K | 75x | |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6460 | +0.211% | $6.9M | $972K | 75x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6260 | −0.090% | $1.7M | $117K | 50x | as long as short |
| Bitget ENSUSDT | +0.0100% | 8h | 6.6420 | +0.151% | $2.9M | $1.2M | 75x | as long as short |
| BingX ENS-USDT | +0.0100% | 8h | 6.6370 | +0.075% | — | $11.3M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6797 | +0.719% | $109K | $21K | — | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6290 | −0.045% | $3K | $255K | 10x | as long as short |
Gate ENS_USDT
ApeX Omni ENSUSDT
Kraken Futures PF_ENSUSD
OKX ENS-USDT-SWAP
BloFin ENS-USDT
Hyperliquid ENS
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
MEXC ENS_USDT
KuCoin ENSUSDTM
Bitget ENSUSDT
BingX ENS-USDT
Variational Omni ENS
Extended ENS-USD