ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.87 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against OKX+0.089%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$630.634% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.089%, 7d avg +0.026%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.062% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.7730	−0.0045	get 0.0045% / 8h	2h 34m	$2.4M	$3.5M	20x
Short	Binance ENSUSDT	6.7790	0.0042	get 0.0042% / 8h	2h 34m	$5.3M	$13.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.089%Rate

Funding earned: $18.17
Price spread: +0.089% → +0.026%: $6.21
Slippage, 4 orders: −$43.37
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.99
Costs to cover: 0.634%
Break-even: 22.0 days

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 6 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 OKX live order book, 2 min ago	1.48 bp	17.8 bp −$18	100.4 bp −$1,004	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.74 bp	10.9 bp −$11	33.1 bp −$331	249.9 bp −$25.0K	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	−0.2138%	1h	6.7694	−0.053%	$92K	$436K	20x	as long as short
Gate ENS_USDT	−0.0240%	8h	6.7680	−0.074%	$460K	$576K	75x	as long as short
Variational Omni ENS	−0.0163%	8h	6.7618	−0.166%	$111K	$6K	—	as long as short
Bybit ENSUSDT	−0.0128%	8h	6.7710	−0.030%	$5.4M	$3.8M	75x	as long as short
OKX ENS-USDT-SWAPlong	−0.0045%	8h	6.7730	long leg	$2.4M	$3.5M	20x
Aster ENSUSDT	−0.0031%	8h	6.7744	+0.021%	$9K	$89K	10x	as long as short
Bitget ENSUSDT	−0.0017%	8h	6.7740	+0.015%	$2.9M	$1.3M	75x	as long as short
ApeX Omni ENSUSDT	+0.0015%	1h	6.7740	+0.015%	$24K	$612K	50x	as long as short
BingX ENS-USDT	+0.0039%	8h	6.7780	+0.074%	—	$3.8M	—	as long as short
Extended ENS-USD	+0.0040%	1h	6.7779	+0.072%	$1K	$181K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ENS_USDT	+0.0040%	8h	6.7800	+0.103%	$5.5M	$822K	75x	as long as short
Binance ENSUSDTshort	+0.0042%	8h	6.7790	+0.089%	$5.3M	$13.8M	75x
BloFin ENS-USDT	+0.0054%	8h	6.7780	+0.074%	$312K	$73K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.7919	+0.279%	$3.1M	$415K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7780	+0.074%	$1.8M	$140K	50x	as long as short