ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h +0.010%

Price spread now: Bitget against OKX+0.059%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.059%, 7d avg −0.016%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.075% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.7740	−0.0043	get 0.0043% / 8h	2h 55m	$2.4M	$3.5M	20x
Short	Bitget ENSUSDT	6.7780	−0.0003	pay 0.0003% / 8h	2h 55m	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.059%Rate

Funding earned: $8.47
Price spread: +0.059% → −0.016%: $7.52
Slippage, 4 orders: −$53.27
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$59.28
Costs to cover: 0.753%
Break-even: 56.0 days

Slippage from OKX: live order book, 1 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 OKX live order book, 1 min ago	0.74 bp	18.9 bp −$19	89.4 bp −$894	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.95 bp	21.8 bp −$22	50.0 bp −$500	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	−0.2136%	1h	6.7769	+0.043%	$93K	$435K	20x	as long as short
Gate ENS_USDT	−0.0231%	8h	6.7750	+0.015%	$460K	$576K	75x	as long as short
Variational Omni ENS	−0.0160%	8h	6.7781	+0.061%	$111K	$6K	—	as long as short
Bybit ENSUSDT	−0.0125%	8h	6.7750	+0.015%	$5.4M	$3.8M	75x	as long as short
OKX ENS-USDT-SWAPlong	−0.0043%	8h	6.7740	long leg	$2.4M	$3.5M	20x
Aster ENSUSDT	−0.0024%	8h	6.7847	+0.158%	$9K	$87K	10x	as long as short
Bitget ENSUSDTshort	−0.0003%	8h	6.7780	+0.059%	$2.9M	$1.3M	75x
BloFin ENS-USDT	+0.0025%	8h	6.7730	−0.015%	$314K	$74K	20x	as long as short
Binance ENSUSDT	+0.0047%	8h	6.7820	+0.118%	$5.3M	$13.9M	75x	as long as short
Extended ENS-USD	+0.0048%	1h	6.7797	+0.084%	$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	+0.0048%	8h	6.7800	+0.089%	$5.5M	$815K	75x	as long as short
BingX ENS-USDT	+0.0052%	8h	6.7780	+0.059%	—	$3.9M	—	as long as short
Hyperliquid ENS	+0.0100%	1h	6.7956	+0.319%	$3.1M	$420K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7810	+0.103%	$1.8M	$141K	50x	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7980	+0.354%	$24K	$614K	50x	as long as short