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

ENS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.024%
Price spread now: Aster against Gate+0.126%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$930.929% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.126%, 7d avg +0.055%
Together, before fees+0.156%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.071% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ENS_USDT6.66000.0064pay 0.0064% / 8h5h 40m$453K$563K75x
ShortAster ENSUSDT6.66840.0100get 0.0100% / 8h5h 40m$10K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$7.56
Price spread: +0.126% → +0.055%
$7.13
Slippage, 4 orders
−$69.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$78.25
Costs to cover
0.929%
Break-even
79.5 days
Slippage from Gate: live order book, 21 min ago; Aster: live order book, 32 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 Gate live order book, 21 min ago8.22 bp27.0 bp −$27135.2 bp −$1,352doesn't fitdoesn't fit
Sell Aster live order book, 32 min ago6.74 bp18.6 bp −$19doesn't fitdoesn'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−0.0937%1h6.6558−0.063%$89K$432K20xas long as short
Gate ENS_USDTlong+0.0064%8h6.6600long leg$453K$563K75x
OKX ENS-USDT-SWAP+0.0084%8h6.6630+0.045%$2.3M$3.3M20xas long as short
BloFin ENS-USDT+0.0092%8h6.6610+0.015%$302K$76K20xas long as short
Hyperliquid ENS+0.0100%1h6.6740+0.210%$3.0M$303K5xas long as short
Aster ENSUSDTshort+0.0100%8h6.6684+0.126%$10K$108K10x
Binance ENSUSDT+0.0100%8h6.6640+0.060%$5.2M$13.6M75xas long as short
Bybit ENSUSDT+0.0100%8h6.6590−0.015%$5.4M$3.7M75xas long as short
MEXC ENS_USDT+0.0100%8h6.6650+0.075%$5.4M$726K75xas long as short
KuCoin ENSUSDTM+0.0100%8h6.6660+0.090%$1.8M$138K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ENSUSDT+0.0100%8h6.6630+0.045%$2.9M$1.3M75xas long as short
BingX ENS-USDT+0.0100%8h6.6640+0.060%$7.8Mas long as short
Variational Omni ENS+0.0100%8h6.6562−0.057%$106K$8Kas long as short
ApeX Omni ENSUSDT+0.0100%1h6.6700+0.150%$25K$597K50xas long as short
Extended ENS-USD+0.0104%1h6.6622+0.033%$888$114K10xas long as short