ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.4% APRnext payment +$1.41 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against Gate+0.059%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$850.847% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.059%, 7d avg +0.030%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENS_USDT	6.7880	−0.0205	get 0.0205% / 8h	1h 40m	$461K	$565K	75x
Short	Bitget ENSUSDT	6.7920	−0.0064	pay 0.0064% / 8h	1h 40m	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.059%Rate

Funding earned: $29.61
Price spread: +0.059% → +0.030%: $2.89
Slippage, 4 orders: −$57.65
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$52.16
Costs to cover: 0.847%
Break-even: 19.3 days

Slippage from Gate: live order book, 40 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 Gate live order book, 40 min ago	6.62 bp	28.2 bp −$28	166.1 bp −$1,661	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.94 bp	16.6 bp −$17	47.7 bp −$477	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	−0.2241%	1h	6.7871	−0.013%	$92K	$436K	20x	as long as short
Gate ENS_USDTlong	−0.0205%	8h	6.7880	long leg	$461K	$565K	75x
Variational Omni ENS	−0.0126%	8h	6.7589	−0.429%	$111K	$5K	—	as long as short
Bitget ENSUSDTshort	−0.0064%	8h	6.7920	+0.059%	$2.9M	$1.3M	75x
Bybit ENSUSDT	−0.0061%	8h	6.7850	−0.044%	$5.4M	$3.8M	75x	as long as short
OKX ENS-USDT-SWAP	−0.0047%	8h	6.7860	−0.029%	$2.4M	$3.4M	20x	as long as short
Aster ENSUSDT	−0.0003%	8h	6.7925	+0.066%	$8K	$89K	10x	as long as short
BingX ENS-USDT	+0.0059%	8h	6.7920	+0.059%	—	$3.7M	—	as long as short
MEXC ENS_USDT	+0.0060%	8h	6.7910	+0.044%	$5.5M	$833K	75x	as long as short
Binance ENSUSDT	+0.0063%	8h	6.7920	+0.059%	$5.3M	$13.6M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENS-USD	+0.0064%	1h	6.7913	+0.049%	$1K	$181K	10x	as long as short
BloFin ENS-USDT	+0.0069%	8h	6.7940	+0.088%	$309K	$73K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.8071	+0.281%	$3.1M	$411K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7950	+0.103%	$1.8M	$138K	50x	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7770	−0.162%	$24K	$607K	50x	as long as short