ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Binance+0.045%71s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.559% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.045%, 7d avg +0.004%

Together, before fees−0.228%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENSUSDT	6.6520	0.0100	pay 0.0100% / 8h	5h 57m	$5.1M	$12.1M	75x
Short	BloFin ENS-USDT	6.6550	0.0113	get 0.0113% / 8h	5h 57m	$294K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $2.69
Price spread: +0.045% → +0.004%: $4.16
Slippage, 4 orders: −$33.86
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$49.01
Costs to cover: 0.559%
Break-even: 134.4 days

Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 49 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, 5 min ago	0.75 bp	14.3 bp −$14	34.8 bp −$348	652.7 bp −$65.3K	doesn't fit
Sell BloFin live order book, 49 min ago	1.51 bp	16.3 bp −$16	29.8 bp −$298	101.2 bp −$10.1K	doesn't fit

ENS on 15 exchanges

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	−0.0955%	1h	6.6468	−0.078%	$94K	$262K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0031%	8h	6.6490	−0.045%	$2.3M	$3.0M	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6639	+0.179%	$3.0M	$200K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6521	+0.002%	$8K	$124K	10x	as long as short
Binance ENSUSDTlong	+0.0100%	8h	6.6520	long leg	$5.1M	$12.1M	75x
Bybit ENSUSDT	+0.0100%	8h	6.6450	−0.105%	$5.4M	$3.1M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.6480	−0.060%	$441K	$585K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6510	−0.015%	$6.9M	$924K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6500	−0.030%	$1.8M	$118K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6490	−0.045%	$2.9M	$1.2M	75x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6470	−0.075%	—	$11.3M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6364	−0.234%	$108K	$20K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6530	+0.015%	$24K	$601K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6500	−0.030%	$1K	$248K	10x	as long as short
BloFin ENS-USDTshort	+0.0113%	8h	6.6550	+0.045%	$294K	$75K	20x