ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Hyperliquid against Extended+0.161%7-day average +0.184% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$760.764% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.161%, 7d avg +0.184%

Together, before fees−0.072%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$7 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: Hyperliquid is 0.023% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.184%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENS-USD	6.7301	0.0104	pay 0.0013% / 1h	20m 48s	$897	$111K	10x
Short	Hyperliquid ENS	6.7409	0.0100	get 0.0013% / 1h	20m 48s	$3.1M	$301K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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 ExtendedbpFee HyperliquidbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$0.84
Price spread: +0.161% → +0.184%: −$2.28
Slippage, 4 orders: −$62.4
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$79.52
Costs to cover: 0.764%
Break-even: never at this rate

Slippage from Extended: live order book, 40 min ago; Hyperliquid: live order book, 1 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 Extended live order book, 40 min ago	2.32 bp	18.7 bp −$19	185.9 bp −$1,859	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 1 min ago	2.30 bp	17.8 bp −$18	doesn't fit	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	−0.0927%	1h	6.7224	−0.114%	$90K	$422K	20x	as long as short
Hyperliquid ENSshort	+0.0100%	1h	6.7409	+0.161%	$3.1M	$301K	5x
Aster ENSUSDT	+0.0100%	8h	6.7300	−0.001%	$10K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7307	+0.009%	$5.2M	$13.4M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.7270	−0.046%	$5.4M	$3.6M	75x	as long as short
OKX ENS-USDT-SWAP	+0.0100%	8h	6.7240	−0.090%	$2.3M	$3.3M	20x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.7230	−0.105%	$457K	$564K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.7300	−0.001%	$5.4M	$730K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7360	+0.088%	$1.8M	$135K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.7320	+0.029%	$2.9M	$1.2M	75x	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	6.7260	−0.061%	—	$7.8M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.7213	−0.131%	$107K	$8K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7070	−0.343%	$25K	$598K	50x	as long as short
Extended ENS-USDlong	+0.0104%	1h	6.7301	long leg	$897	$111K	10x
BloFin ENS-USDT	+0.0114%	8h	6.7240	−0.090%	$303K	$75K	20x	as long as short