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

ENS

all ENS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against MEXC−0.104%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.069%+$7 · spread now −0.104%, 7d avg −0.033%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.071% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ENS_USDT6.73600.0035pay 0.0035% / 8h1h 59m$5.4M$847K75x
ShortBingX ENS-USDT6.72900.0036get 0.0036% / 8h1h 59m$3.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$0.21
Price spread: −0.104% → −0.033%
−$7.12
Slippage, 4 orders
−$37.97
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$58.88
Costs to cover
0.520%
Break-even
1969.7 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 5 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 MEXC live order book, 3 min ago1.49 bp6.4 bp −$621.7 bp −$21765.6 bp −$6,562109.2 bp −$54.6K
Sell BingX live order book, 5 min ago3.72 bp18.0 bp −$1839.1 bp −$391168.6 bp −$16.9K426.8 bp −$213.4K

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−0.2151%1h6.7298−0.092%$91K$436K20xas long as short
Gate ENS_USDT−0.0256%8h6.7290−0.104%$458K$576K75xas long as short
Variational Omni ENS−0.0145%8h6.7262−0.146%$111K$6Kas long as short
Bybit ENSUSDT−0.0098%8h6.7270−0.134%$5.4M$3.8M75xas long as short
OKX ENS-USDT-SWAP−0.0070%8h6.7260−0.148%$2.4M$3.4M20xas long as short
Bitget ENSUSDT−0.0068%8h6.7320−0.059%$2.9M$1.3M75xas long as short
Aster ENSUSDT−0.0038%8h6.7413+0.078%$8K$89K10xas long as short
ApeX Omni ENSUSDT+0.0016%1h6.7340−0.030%$24K$609K50xas long as short
MEXC ENS_USDTlong+0.0035%8h6.7360long leg$5.4M$847K75x
BingX ENS-USDTshort+0.0036%8h6.7290−0.104%$3.7M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ENSUSDT+0.0036%8h6.7343−0.025%$5.3M$13.8M75xas long as short
BloFin ENS-USDT+0.0037%8h6.7350−0.015%$311K$73K20xas long as short
Extended ENS-USD+0.0040%1h6.7353−0.010%$1K$181K10xas long as short
Hyperliquid ENS+0.0100%1h6.7473+0.168%$3.1M$414K5xas long as short
KuCoin ENSUSDTM+0.0100%8h6.7410+0.074%$1.8M$139K50xas long as short