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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.004%
Price spread now: Extended against KuCoin−0.009%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2432.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.009%, 7d avg −0.075%
Together, before fees−0.102%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.065% dearer against KuCoin than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.075%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ENSUSDTM6.77700.0100pay 0.0100% / 8h1h 45m$1.8M$139K50x
ShortExtended ENS-USD6.77640.0056get 0.0007% / 1h45m 25s$1K$181K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$9.24
Price spread: −0.009% → −0.075%
$6.53
Slippage, 4 orders
−$225.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$245.39
Costs to cover
2.427%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Extended: live order book, 36 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, 1 min ago8.85 bp153.8 bp −$154doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 36 min ago3.09 bp21.0 bp −$21126.9 bp −$1,269doesn'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−0.2247%1h6.7680−0.133%$92K$436K20xas long as short
Gate ENS_USDT−0.0220%8h6.7630−0.207%$458K$564K75xas long as short
Variational Omni ENS−0.0126%8h6.7589−0.268%$111K$5Kas long as short
Bybit ENSUSDT−0.0070%8h6.7730−0.059%$5.4M$3.8M75xas long as short
Bitget ENSUSDT−0.0067%8h6.77700.000%$2.9M$1.3M75xas long as short
OKX ENS-USDT-SWAP−0.0054%8h6.7740−0.044%$2.4M$3.4M20xas long as short
Aster ENSUSDT−0.0012%8h6.7752−0.027%$8K$89K10xas long as short
BingX ENS-USDT+0.0051%8h6.7710−0.089%$3.7Mas long as short
BloFin ENS-USDT+0.0052%8h6.7630−0.207%$308K$73K20xas long as short
MEXC ENS_USDT+0.0055%8h6.7780+0.015%$5.5M$832K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ENS-USDshort+0.0056%1h6.7764−0.009%$1K$181K10x
Binance ENSUSDT+0.0057%8h6.77700.000%$5.3M$13.7M75xas long as short
Hyperliquid ENS+0.0100%1h6.7937+0.246%$3.1M$411K5xas long as short
KuCoin ENSUSDTMlong+0.0100%8h6.7770long leg$1.8M$139K50x
ApeX Omni ENSUSDT+0.0100%1h6.7790+0.030%$24K$607K50xas long as short