ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against BloFin+0.030%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.030%, 7d avg −0.002%

Together, before fees+0.010%+$1 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: MEXC is 0.032% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENS-USDT	6.6110	0.0097	pay 0.0097% / 8h	23m 12s	$294K	$76K	20x
Short	MEXC ENS_USDT	6.6130	0.0100	get 0.0100% / 8h	23m 12s	$6.8M	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0.54
Price spread: +0.030% → −0.002%: $3.2
Slippage, 4 orders: −$22.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$34.62
Costs to cover: 0.384%
Break-even: 459.8 days

Slippage from BloFin: live order book, 39 min ago; MEXC: 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, 39 min ago	0.75 bp	15.2 bp −$15	27.0 bp −$270	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.75 bp	9.3 bp −$9	18.7 bp −$187	59.9 bp −$5,986	108.9 bp −$54.4K

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	−0.1034%	1h	6.6148	+0.057%	$90K	$350K	20x	as long as short
OKX ENS-USDT-SWAP	−0.0026%	8h	6.6120	+0.015%	$2.3M	$3.3M	20x	as long as short
Gate ENS_USDT	+0.0045%	8h	6.6000	−0.166%	$461K	$571K	75x	as long as short
BloFin ENS-USDTlong	+0.0097%	8h	6.6110	long leg	$294K	$76K	20x
Hyperliquid ENS	+0.0100%	1h	6.6224	+0.172%	$3.0M	$292K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6052	−0.087%	$8K	$104K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6132	+0.034%	$5.1M	$13.3M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6040	−0.106%	$5.4M	$3.2M	75x	as long as short
MEXC ENS_USDTshort	+0.0100%	8h	6.6130	+0.030%	$6.8M	$1.0M	75x
KuCoin ENSUSDTM	+0.0100%	8h	6.6080	−0.045%	$1.7M	$118K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6040	−0.106%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6070	−0.061%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6063	−0.071%	$106K	$15K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6180	+0.106%	$24K	$605K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6061	−0.073%	$3K	$255K	10x	as long as short