ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against BloFin−0.095%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$550.545% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.174%+$17 · spread now −0.095%, 7d avg −0.018%

Together, before fees+0.156%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.078% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENS-USDT	6.7810	0.0115	pay 0.0115% / 8h	2m 54s	$311K	$75K	20x
Short	Binance ENSUSDT	6.7745	0.0100	get 0.0100% / 8h	2m 54s	$5.4M	$14.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.095%Rate

Funding earned: −$3.09
Price spread: −0.095% → −0.018%: −$7.76
Slippage, 4 orders: −$32.54
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$65.39
Costs to cover: 0.545%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 8 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 BloFin live order book, 4 min ago	1.48 bp	12.3 bp −$12	29.7 bp −$297	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.74 bp	14.5 bp −$14	37.3 bp −$373	252.8 bp −$25.3K	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	−0.1939%	1h	6.7706	−0.153%	$92K	$447K	20x	as long as short
Gate ENS_USDT	−0.0188%	8h	6.7650	−0.236%	$454K	$589K	75x	as long as short
Variational Omni ENS	−0.0053%	8h	6.7401	−0.603%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0048%	8h	6.7670	−0.206%	$2.4M	$3.5M	20x	as long as short
Bitget ENSUSDT	+0.0005%	8h	6.7750	−0.088%	$2.9M	$1.3M	75x	as long as short
Bybit ENSUSDT	+0.0022%	8h	6.7740	−0.103%	$5.4M	$3.8M	75x	as long as short
Aster ENSUSDT	+0.0079%	8h	6.7765	−0.067%	$15K	$103K	10x	as long as short
Binance ENSUSDTshort	+0.0100%	8h	6.7745	−0.095%	$5.4M	$14.0M	75x
MEXC ENS_USDT	+0.0100%	8h	6.7750	−0.088%	$5.5M	$871K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7740	−0.103%	$1.8M	$136K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.7780	−0.044%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7510	−0.442%	$25K	$607K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7751	−0.087%	$1K	$181K	10x	as long as short
BloFin ENS-USDTlong	+0.0115%	8h	6.7810	long leg	$311K	$75K	20x
Hyperliquid ENS	+0.0400%	1h	6.7911	+0.149%	$3.1M	$413K	5x	as long as short