ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.023%

Price spread now: OKX against MEXC−0.044%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.011%−$1 · spread now −0.044%, 7d avg −0.023%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.021% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENS_USDT	6.7560	0.0100	pay 0.0100% / 8h	7h 38m	$5.5M	$862K	75x
Short	OKX ENS-USDT-SWAP	6.7530	−0.0001	pay 0.0001% / 8h	7h 38m	$2.4M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$21.24
Price spread: −0.044% → −0.023%: −$2.1
Slippage, 4 orders: −$36.61
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$73.95
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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 MEXC live order book, 4 min ago	0.74 bp	9.0 bp −$9	32.6 bp −$326	66.9 bp −$6,688	109.4 bp −$54.7K
Sell OKX live order book, 4 min ago	2.96 bp	16.6 bp −$17	69.6 bp −$696	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	−0.1394%	1h	6.7470	−0.134%	$91K	$445K	20x	as long as short
Variational Omni ENS	−0.0014%	8h	6.7480	−0.119%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAPshort	−0.0001%	8h	6.7530	−0.044%	$2.4M	$3.4M	20x
Bitget ENSUSDT	+0.0043%	8h	6.7540	−0.030%	$2.9M	$1.3M	75x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.7606	+0.068%	$15K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7590	+0.044%	$5.4M	$13.8M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.7550	−0.015%	$5.4M	$3.8M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.7500	−0.089%	$456K	$570K	75x	as long as short
MEXC ENS_USDTlong	+0.0100%	8h	6.7560	long leg	$5.5M	$862K	75x
KuCoin ENSUSDTM	+0.0100%	8h	6.7620	+0.089%	$1.8M	$130K	50x	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	6.7590	+0.044%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7600	+0.059%	$25K	$605K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7590	+0.044%	$2K	$161K	10x	as long as short
BloFin ENS-USDT	+0.0119%	8h	6.7550	−0.015%	$312K	$74K	20x	as long as short
Hyperliquid ENS	+0.0353%	1h	6.7650	+0.133%	$3.1M	$367K	5x	as long as short