ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1037%/8h= +113.5% APRnext payment +$1.30 per $10,000 · paid last 24h +0.250%

Price spread now: Extended against Kraken Futures+0.028%7-day average −0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$940.939% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−1.738%−$174 on $10k

Price spread, last 4 days (all we have)+0.440%+$44 · spread now +0.028%, 7d avg −0.083%

Together, before fees−1.298%+ Points / potential airdropExtended: Active · farm board−$130 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Extended is 0.110% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.083%. Mind the row above: over the last 7 days funding on this pair cost −1.738%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ENSUSD	6.6823	−0.0933	get 0.0117% / 1h	29m 35s	$90K	$426K	20x
Short	Extended ENS-USD	6.6841	0.0104	get 0.0013% / 1h	29m 35s	$893	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ExtendedbpOrdersPrice spread, now +0.028%Rate

Funding earned: $217.74
Price spread: +0.028% → −0.083%: $11.04
Slippage, 4 orders: −$78.88
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $134.89
Costs to cover: 0.939%
Break-even: 2.7 days

Slippage from Kraken Futures: live order book, 33 min ago; Extended: live order book, 31 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 Kraken Futures live order book, 33 min ago	11.19 bp	23.2 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 31 min ago	2.32 bp	17.0 bp −$17	122.4 bp −$1,224	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_ENSUSDlong	−0.0933%	1h	6.6823	long leg	$90K	$426K	20x
Gate ENS_USDT	+0.0080%	8h	6.6820	−0.004%	$455K	$564K	75x	as long as short
BloFin ENS-USDT	+0.0095%	8h	6.6950	+0.191%	$301K	$75K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6956	+0.200%	$3.0M	$302K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6854	+0.047%	$10K	$108K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6830	+0.011%	$5.2M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6790	−0.049%	$5.4M	$3.6M	75x	as long as short
OKX ENS-USDT-SWAP	+0.0100%	8h	6.6780	−0.064%	$2.3M	$3.3M	20x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6860	+0.056%	$5.4M	$727K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6870	+0.071%	$1.8M	$135K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6830	+0.011%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6830	+0.011%	—	$7.8M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6836	+0.020%	$107K	$8K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6890	+0.101%	$25K	$598K	50x	as long as short
Extended ENS-USDshort	+0.0104%	1h	6.6841	+0.028%	$893	$111K	10x