ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.029%

Price spread now: KuCoin against Gate+0.180%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1891.888% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.180%, 7d avg +0.089%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.091% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENS_USDT	6.6570	0.0048	pay 0.0048% / 8h	3h 07m	$456K	$563K	75x
Short	KuCoin ENSUSDTM	6.6690	0.0100	get 0.0100% / 8h	3h 07m	$1.8M	$122K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.180%Rate

Funding earned: $10.92
Price spread: +0.180% → +0.089%: $9.13
Slippage, 4 orders: −$161.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$168.74
Costs to cover: 1.888%
Break-even: 115.2 days

Slippage from Gate: live order book, 43 min ago; KuCoin: live order book, 3 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, 43 min ago	7.46 bp	28.4 bp −$28	121.5 bp −$1,215	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	8.99 bp	75.9 bp −$76	591.4 bp −$5,914	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	−0.0674%	1h	6.6603	+0.050%	$90K	$386K	20x	as long as short
ApeX Omni ENSUSDT	+0.0018%	1h	6.6830	+0.391%	$25K	$601K	50x	as long as short
Gate ENS_USDTlong	+0.0048%	8h	6.6570	long leg	$456K	$563K	75x
OKX ENS-USDT-SWAP	+0.0056%	8h	6.6630	+0.090%	$2.4M	$3.3M	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6825	+0.383%	$3.0M	$292K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6590	+0.030%	$10K	$104K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6692	+0.184%	$5.1M	$13.4M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6650	+0.120%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6690	+0.180%	$5.9M	$809K	75x	as long as short
KuCoin ENSUSDTMshort	+0.0100%	8h	6.6690	+0.180%	$1.8M	$122K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6650	+0.120%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6640	+0.105%	—	$7.7M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6623	+0.079%	$107K	$9K	—	as long as short
Extended ENS-USD	+0.0104%	1h	6.6671	+0.152%	$794	$256K	10x	as long as short
BloFin ENS-USDT	+0.0105%	8h	6.6620	+0.075%	$298K	$79K	20x	as long as short