ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.003%

Price spread now: KuCoin against BloFin+0.091%110s7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as 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−$1371.367% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.091%, 7d avg +0.037%

Together, before fees+0.086%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.055% dearer against BloFin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.037%. The two prices were read 110 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	6.5690	0.0092	pay 0.0092% / 8h	4h 49m	$292K	$76K	20x
Short	KuCoin ENSUSDTM	6.5750	0.0100	get 0.0100% / 8h	4h 49m	$1.7M	$110K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.091%Rate

Funding earned: $1.71
Price spread: +0.091% → +0.037%: $5.47
Slippage, 4 orders: −$112.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$129.54
Costs to cover: 1.367%
Break-even: 536.9 days

Slippage from BloFin: live order book, 50 min ago; KuCoin: live order book, 5 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, 50 min ago	0.76 bp	17.9 bp −$18	30.4 bp −$304	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	9.11 bp	42.0 bp −$42	574.7 bp −$5,747	doesn't fit	doesn't fit

ENS on 15 exchanges

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	−0.0817%	1h	6.5732	+0.064%	$93K	$254K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0002%	8h	6.5730	+0.061%	$2.3M	$2.9M	20x	as long as short
BloFin ENS-USDTlong	+0.0092%	8h	6.5690	long leg	$292K	$76K	20x
Hyperliquid ENS	+0.0100%	1h	6.5838	+0.225%	$3.0M	$197K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.5744	+0.082%	$10K	$131K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.5748	+0.088%	$5.1M	$11.9M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.5710	+0.030%	$5.3M	$3.0M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.5680	−0.015%	$440K	$581K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.5700	+0.015%	$6.9M	$920K	75x	as long as short
KuCoin ENSUSDTMshort	+0.0100%	8h	6.5750	+0.091%	$1.7M	$110K	50x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.5780	+0.137%	$2.9M	$1.1M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.5570	−0.183%	—	$11.2M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.5603	−0.133%	$107K	$20K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.5740	+0.076%	$24K	$604K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.5678	−0.018%	$3K	$254K	10x	as long as short