ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX+0.103%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$216as in the Funding arb table

Net, price: spread back to 7d avg − costs−$209as in the Price arb table

costs, in and out, $10k−$2162.160% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.164%−$16 · spread now +0.103%, 7d avg +0.037%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.066% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ENS-USDT	6.7920	0.0075	pay 0.0075% / 8h	1h 09m	—	$3.7M	—
Short	KuCoin ENSUSDTM	6.7990	0.0100	get 0.0100% / 8h	1h 09m	$1.8M	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.103%Rate

Funding earned: $5.25
Price spread: +0.103% → +0.037%: $6.6
Slippage, 4 orders: −$193.97
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$204.13
Costs to cover: 2.160%
Break-even: 279.2 days

Slippage from BingX: live order book, 5 min ago; KuCoin: 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 BingX live order book, 5 min ago	5.17 bp	17.9 bp −$18	36.9 bp −$369	243.5 bp −$24.4K	445.5 bp −$222.7K
Sell KuCoin live order book, 2 min ago	9.56 bp	79.4 bp −$79	611.2 bp −$6,112	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	−0.2241%	1h	6.7862	−0.085%	$94K	$447K	20x	as long as short
Gate ENS_USDT	−0.0213%	8h	6.7850	−0.103%	$447K	$577K	75x	as long as short
Variational Omni ENS	−0.0114%	8h	6.7926	+0.009%	$112K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0084%	8h	6.7900	−0.029%	$2.4M	$3.4M	20x	as long as short
Bybit ENSUSDT	−0.0065%	8h	6.7850	−0.103%	$5.5M	$3.8M	75x	as long as short
Bitget ENSUSDT	−0.0063%	8h	6.7970	+0.074%	$2.9M	$1.3M	75x	as long as short
Aster ENSUSDT	+0.0016%	8h	6.7987	+0.098%	$8K	$93K	10x	as long as short
Extended ENS-USD	+0.0072%	1h	6.7900	−0.030%	$1K	$181K	10x	as long as short
BingX ENS-USDTlong	+0.0075%	8h	6.7920	long leg	—	$3.7M	—
Binance ENSUSDT	+0.0075%	8h	6.7950	+0.044%	$5.5M	$13.7M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ENS_USDT	+0.0078%	8h	6.7930	+0.015%	$5.6M	$866K	75x	as long as short
BloFin ENS-USDT	+0.0087%	8h	6.7960	+0.059%	$314K	$73K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.8099	+0.264%	$3.1M	$412K	5x	as long as short
KuCoin ENSUSDTMshort	+0.0100%	8h	6.7990	+0.103%	$1.8M	$142K	50x
ApeX Omni ENSUSDT	+0.0100%	1h	6.7750	−0.250%	$24K	$607K	50x	as long as short