ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0135%/8h= −14.8% APRnext payment −$1.35 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BingX−0.029%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$690.689% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.029%, 7d avg −0.005%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.025% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENS-USDT	6.8000	0.0081	pay 0.0081% / 8h	1h 01m	—	$3.7M	—
Short	Bitget ENSUSDT	6.7980	−0.0054	pay 0.0054% / 8h	1h 01m	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$28.35
Price spread: −0.029% → −0.005%: −$2.48
Slippage, 4 orders: −$46.93
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$99.76
Costs to cover: 0.689%
Break-even: never at this rate

Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 1 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 BingX live order book, 13 min ago	5.17 bp	17.9 bp −$18	36.9 bp −$369	243.5 bp −$24.4K	445.5 bp −$222.7K
Sell Bitget live order book, 1 min ago	5.15 bp	15.4 bp −$15	39.9 bp −$399	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	−0.2240%	1h	6.7906	−0.139%	$94K	$447K	20x	as long as short
Gate ENS_USDT	−0.0205%	8h	6.7890	−0.162%	$447K	$577K	75x	as long as short
Variational Omni ENS	−0.0122%	8h	6.7851	−0.219%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0080%	8h	6.7980	−0.029%	$2.4M	$3.5M	20x	as long as short
Bitget ENSUSDTshort	−0.0054%	8h	6.7980	−0.029%	$2.9M	$1.3M	75x
Bybit ENSUSDT	−0.0053%	8h	6.8000	0.000%	$5.5M	$3.8M	75x	as long as short
Aster ENSUSDT	+0.0020%	8h	6.7994	−0.008%	$13K	$94K	10x	as long as short
BloFin ENS-USDT	+0.0080%	8h	6.7950	−0.074%	$314K	$75K	20x	as long as short
BingX ENS-USDTlong	+0.0081%	8h	6.8000	long leg	—	$3.7M	—
MEXC ENS_USDT	+0.0083%	8h	6.7980	−0.029%	$5.6M	$868K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENSUSDT	+0.0086%	8h	6.8002	+0.003%	$5.5M	$13.7M	75x	as long as short
Extended ENS-USD	+0.0088%	1h	6.7986	−0.020%	$1K	$181K	10x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.8192	+0.282%	$3.1M	$413K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7970	−0.044%	$1.8M	$137K	50x	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.8080	+0.118%	$24K	$608K	50x	as long as short