ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.009%

Price spread now: KuCoin against Bitget+0.015%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$211as in the Price arb table

costs, in and out, $10k−$2092.085% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 7 days−0.032%−$3 · spread now +0.015%, 7d avg +0.043%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.028% cheaper against Bitget than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.043%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.7610	0.0040	pay 0.0040% / 8h	7h 40m	$2.9M	$1.3M	75x
Short	KuCoin ENSUSDTM	6.7620	0.0100	get 0.0100% / 8h	7h 40m	$1.8M	$131K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.015%Rate

Funding earned: $12.6
Price spread: +0.015% → +0.043%: −$2.83
Slippage, 4 orders: −$184.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$198.76
Costs to cover: 2.085%
Break-even: 117.4 days

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 6 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	5.91 bp	16.5 bp −$16	34.1 bp −$341	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	8.14 bp	64.9 bp −$65	606.6 bp −$6,066	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	−0.1392%	1h	6.7538	−0.106%	$91K	$446K	20x	as long as short
Variational Omni ENS	−0.0014%	8h	6.7480	−0.193%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0007%	8h	6.7600	−0.015%	$2.4M	$3.4M	20x	as long as short
Bitget ENSUSDTlong	+0.0040%	8h	6.7610	long leg	$2.9M	$1.3M	75x
BloFin ENS-USDT	+0.0086%	8h	6.7570	−0.059%	$312K	$74K	20x	as long as short
Gate ENS_USDT	+0.0089%	8h	6.7480	−0.192%	$456K	$570K	75x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.7609	−0.002%	$15K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7609	−0.002%	$5.4M	$13.8M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.7510	−0.148%	$5.4M	$3.8M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.7590	−0.030%	$5.5M	$862K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ENSUSDTMshort	+0.0100%	8h	6.7620	+0.015%	$1.8M	$131K	50x
BingX ENS-USDT	+0.0100%	8h	6.7600	−0.015%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7610	0.000%	$25K	$606K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7592	−0.026%	$2K	$174K	10x	as long as short
Hyperliquid ENS	+0.0359%	1h	6.7710	+0.148%	$3.1M	$394K	5x	as long as short