ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.007%

Price spread now: Bitget against Binance+0.015%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$690.686% of the position

Long on Binance Short on Bitget

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−0.080%−$8 · spread now +0.015%, 7d avg −0.041%

Together, before fees−0.119%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.056% dearer against Binance than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.041%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENSUSDT	6.7570	0.0100	pay 0.0100% / 8h	7h 21m	$5.4M	$13.6M	75x
Short	Bitget ENSUSDT	6.7580	0.0076	get 0.0076% / 8h	7h 21m	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$5.04
Price spread: +0.015% → −0.041%: $5.63
Slippage, 4 orders: −$46.64
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$68.05
Costs to cover: 0.686%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 2 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 Binance live order book, 4 min ago	0.74 bp	16.3 bp −$16	39.0 bp −$390	639.4 bp −$63.9K	doesn't fit
Sell Bitget live order book, 2 min ago	5.92 bp	16.7 bp −$17	36.9 bp −$369	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	−0.1393%	1h	6.7516	−0.080%	$91K	$442K	20x	as long as short
Variational Omni ENS	+0.0025%	8h	6.7499	−0.105%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	+0.0029%	8h	6.7510	−0.089%	$2.4M	$3.3M	20x	as long as short
Bitget ENSUSDTshort	+0.0076%	8h	6.7580	+0.015%	$2.9M	$1.3M	75x
Aster ENSUSDT	+0.0100%	8h	6.7621	+0.076%	$15K	$103K	10x	as long as short
Binance ENSUSDTlong	+0.0100%	8h	6.7570	long leg	$5.4M	$13.6M	75x
Bybit ENSUSDT	+0.0100%	8h	6.7540	−0.044%	$5.4M	$3.7M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.7510	−0.089%	$456K	$570K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.7590	+0.030%	$5.5M	$863K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7630	+0.089%	$1.8M	$130K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.7580	+0.015%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7600	+0.044%	$25K	$605K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7554	−0.024%	$4K	$107K	10x	as long as short
BloFin ENS-USDT	+0.0119%	8h	6.7540	−0.044%	$311K	$74K	20x	as long as short
Hyperliquid ENS	+0.0371%	1h	6.7679	+0.161%	$3.1M	$359K	5x	as long as short