ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.026%

Price spread now: BloFin against Bybit−0.182%7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$660.662% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.182%, 7d avg +0.087%

Together, before fees+0.139%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.268% cheaper against Bybit than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of +0.087%). If the spread goes back, that is −$27 on $10k: about 32 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about 7 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENSUSDT	6.6110	0.0100	pay 0.0100% / 8h	2h 20m	$5.3M	$3.4M	75x
Short	BloFin ENS-USDT	6.5990	0.0128	get 0.0128% / 8h	2h 20m	$293K	$79K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.182%Rate

Funding earned: $5.85
Price spread: −0.182% → +0.087%: −$26.84
Slippage, 4 orders: −$43.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$87.21
Costs to cover: 0.662%
Break-even: 111.3 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 51 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 Bybit live order book, 2 min ago	2.29 bp	21.5 bp −$22	48.6 bp −$486	doesn't fit	doesn't fit
Sell BloFin live order book, 51 min ago	6.74 bp	15.1 bp −$15	28.6 bp −$286	104.2 bp −$10.4K	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	−0.1032%	1h	6.5864	−0.372%	$90K	$379K	20x	as long as short
Gate ENS_USDT	+0.0052%	8h	6.6030	−0.121%	$458K	$572K	75x	as long as short
OKX ENS-USDT-SWAP	+0.0073%	8h	6.6080	−0.045%	$2.3M	$3.4M	20x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6155	+0.069%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6150	+0.061%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDTlong	+0.0100%	8h	6.6110	long leg	$5.3M	$3.4M	75x
MEXC ENS_USDT	+0.0100%	8h	6.6100	−0.015%	$6.1M	$870K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.5990	−0.182%	$1.7M	$119K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6090	−0.030%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6110	0.000%	—	$7.7M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENS	+0.0100%	8h	6.5898	−0.320%	$105K	$9K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.5590	−0.787%	$24K	$605K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.5991	−0.180%	$637	$258K	10x	as long as short
BloFin ENS-USDTshort	+0.0128%	8h	6.5990	−0.182%	$293K	$79K	20x
Hyperliquid ENS	+0.0184%	1h	6.6270	+0.242%	$3.0M	$295K	5x	as long as short