Funding arb · Price arb /

ENS

all ENS markets

Swap Backtest

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 +0.046%

Price spread now: Aster against Variational Omni+0.427%7-day average +0.084% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.496%−$50 · spread now +0.427%, 7d avg +0.084%

Together, before fees−0.443%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$44 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: Aster is 0.343% dearer against Variational Omni than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of +0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ENS	6.5898	0.0100	pay 0.0100% / 8h	2h 18m	$105K	$9K	—
Short	Aster ENSUSDT	6.6180	0.0100	get 0.0100% / 8h	2h 18m	$9K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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 Variational OmnibpFee AsterbpOrdersPrice spread, now +0.427%Rate

Funding earned: $0
Price spread: +0.427% → +0.084%: $34.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $26.29
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 30 min ago; Aster: live order book, 39 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 30 min ago	6.49 bp	doesn't fit	44.2 bp −$442	doesn't fit	doesn't fit
Sell Aster live order book, 39 min ago	4.52 bp	24.1 bp −$24	doesn't fit	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_ENSUSD	−0.1028%	1h	6.6115	+0.328%	$90K	$379K	20x	as long as short
Gate ENS_USDT	+0.0060%	8h	6.6110	+0.321%	$459K	$572K	75x	as long as short
OKX ENS-USDT-SWAP	+0.0075%	8h	6.6180	+0.427%	$2.3M	$3.4M	20x	as long as short
Aster ENSUSDTshort	+0.0100%	8h	6.6180	+0.427%	$9K	$105K	10x
Binance ENSUSDT	+0.0100%	8h	6.6196	+0.452%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6150	+0.382%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6160	+0.397%	$6.1M	$870K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6090	+0.291%	$1.7M	$120K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6130	+0.351%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6130	+0.351%	—	$7.7M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENSlong	+0.0100%	8h	6.5898	long leg	$105K	$9K	—
ApeX Omni ENSUSDT	+0.0100%	1h	6.5590	−0.468%	$24K	$605K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6134	+0.358%	$637	$258K	10x	as long as short
BloFin ENS-USDT	+0.0129%	8h	6.6110	+0.321%	$291K	$79K	20x	as long as short
Hyperliquid ENS	+0.0176%	1h	6.6261	+0.550%	$3.0M	$295K	5x	as long as short