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: Bybit against KuCoin−0.090%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1871.869% 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+0.117%+$12 · spread now −0.090%, 7d avg −0.083%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ENSUSDTM6.65300.0100pay 0.0100% / 8h1h 48m$1.8M$119K50x
ShortBybit ENSUSDT6.64700.0100get 0.0100% / 8h1h 48m$5.4M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: −0.090% → −0.083%
−$0.76
Slippage, 4 orders
−$163.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$187.67
Costs to cover
1.869%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 4 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 KuCoin live order book, 8 min ago9.02 bp50.7 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.77 bp16.6 bp −$1754.4 bp −$544doesn'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−0.1062%1h6.6462−0.102%$90K$371K20xas long as short
ApeX Omni ENSUSDT−0.1060%1h6.6470−0.090%$24K$605K50xas long as short
OKX ENS-USDT-SWAP+0.0026%8h6.6460−0.105%$2.3M$3.4M20xas long as short
Gate ENS_USDT+0.0059%8h6.6490−0.060%$462K$572K75xas long as short
BloFin ENS-USDT+0.0093%8h6.6460−0.105%$295K$80K20xas long as short
Hyperliquid ENS+0.0100%1h6.6640+0.165%$3.0M$294K5xas long as short
Aster ENSUSDT+0.0100%8h6.6478−0.079%$9K$105K10xas long as short
Binance ENSUSDT+0.0100%8h6.6500−0.045%$5.1M$13.6M75xas long as short
Bybit ENSUSDTshort+0.0100%8h6.6470−0.090%$5.4M$3.4M75x
MEXC ENS_USDT+0.0100%8h6.6510−0.030%$6.5M$918K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ENSUSDTMlong+0.0100%8h6.6530long leg$1.8M$119K50x
Bitget ENSUSDT+0.0100%8h6.6500−0.045%$2.9M$1.2M75xas long as short
BingX ENS-USDT+0.0100%8h6.65300.000%$7.5Mas long as short
Variational Omni ENS+0.0100%8h6.6399−0.197%$106K$9Kas long as short
Extended ENS-USD+0.0104%1h6.6532+0.004%$3K$258K10xas long as short