ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.58 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against Bitget+0.006%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days+0.014%+$1 · spread now +0.006%, 7d avg +0.042%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.042%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.024% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.7600	−0.0018	get 0.0018% / 8h	2h 40m	$2.9M	$1.3M	75x
Short	Binance ENSUSDT	6.7604	0.0040	get 0.0040% / 8h	2h 40m	$5.3M	$13.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.006%Rate

Funding earned: $12.28
Price spread: +0.006% → +0.042%: −$3.64
Slippage, 4 orders: −$40
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.36
Costs to cover: 0.620%
Break-even: 37.4 days

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 15 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 Bitget live order book, 2 min ago	1.48 bp	18.4 bp −$18	33.5 bp −$335	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.74 bp	11.9 bp −$12	42.7 bp −$427	269.6 bp −$27.0K	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	−0.2141%	1h	6.7600	+0.001%	$92K	$436K	20x	as long as short
Gate ENS_USDT	−0.0252%	8h	6.7700	+0.148%	$460K	$576K	75x	as long as short
Variational Omni ENS	−0.0166%	8h	6.7595	−0.007%	$111K	$6K	—	as long as short
Bybit ENSUSDT	−0.0138%	8h	6.7600	0.000%	$5.4M	$3.8M	75x	as long as short
OKX ENS-USDT-SWAP	−0.0049%	8h	6.7570	−0.044%	$2.4M	$3.5M	20x	as long as short
Aster ENSUSDT	−0.0033%	8h	6.7671	+0.104%	$9K	$88K	10x	as long as short
ApeX Omni ENSUSDT	−0.0019%	1h	6.7710	+0.163%	$24K	$612K	50x	as long as short
Bitget ENSUSDTlong	−0.0018%	8h	6.7600	long leg	$2.9M	$1.3M	75x
BingX ENS-USDT	+0.0036%	8h	6.7610	+0.015%	—	$3.8M	—	as long as short
MEXC ENS_USDT	+0.0037%	8h	6.7610	+0.015%	$5.5M	$822K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENS-USD	+0.0040%	1h	6.7625	+0.037%	$1K	$181K	10x	as long as short
Binance ENSUSDTshort	+0.0040%	8h	6.7604	+0.006%	$5.3M	$13.8M	75x
BloFin ENS-USDT	+0.0043%	8h	6.7660	+0.089%	$314K	$73K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.7742	+0.210%	$3.1M	$415K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7700	+0.148%	$1.8M	$140K	50x	as long as short