ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0147%/8h= −16.1% APRnext payment −$1.47 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BloFin−0.251%45s7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$790.786% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 3 days (all we have)+0.303%+$30 · spread now −0.251%, 7d avg −0.032%

Together, before fees+0.261%+$26 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 0.219% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENS-USDT	6.7670	0.0109	pay 0.0109% / 8h	30m 22s	$319K	$75K	20x
Short	Bitget ENSUSDT	6.7500	−0.0038	pay 0.0038% / 8h	30m 22s	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.251%Rate

Funding earned: −$30.84
Price spread: −0.251% → −0.032%: −$21.94
Slippage, 4 orders: −$54.6
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$131.38
Costs to cover: 0.786%
Break-even: never at this rate

Slippage from BloFin: live order book, 42 min ago; Bitget: 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 BloFin live order book, 42 min ago	2.20 bp	21.3 bp −$21	40.3 bp −$403	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.17 bp	21.3 bp −$21	42.3 bp −$423	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	−0.1944%	1h	6.7535	−0.199%	$93K	$446K	20x	as long as short
Gate ENS_USDT	−0.0255%	8h	6.7360	−0.458%	$458K	$584K	75x	as long as short
Variational Omni ENS	−0.0090%	8h	6.7592	−0.115%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0080%	8h	6.7520	−0.222%	$2.4M	$3.5M	20x	as long as short
ApeX Omni ENSUSDT	−0.0046%	1h	6.7760	+0.133%	$24K	$607K	50x	as long as short
Bitget ENSUSDTshort	−0.0038%	8h	6.7500	−0.251%	$2.9M	$1.3M	75x
Bybit ENSUSDT	−0.0017%	8h	6.7520	−0.222%	$5.4M	$3.8M	75x	as long as short
Aster ENSUSDT	+0.0037%	8h	6.7521	−0.221%	$10K	$97K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7545	−0.185%	$5.5M	$13.8M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.7540	−0.192%	$5.5M	$860K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ENSUSDTM	+0.0100%	8h	6.7530	−0.207%	$1.8M	$138K	50x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.7520	−0.222%	—	$3.6M	—	as long as short
Extended ENS-USD	+0.0104%	1h	6.7514	−0.231%	$1K	$181K	10x	as long as short
BloFin ENS-USDTlong	+0.0109%	8h	6.7670	long leg	$319K	$75K	20x
Hyperliquid ENS	+0.0298%	1h	6.7723	+0.078%	$3.1M	$411K	5x	as long as short