ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.027%

Price spread now: BloFin against OKX+0.120%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$690.687% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.120%, 7d avg +0.058%

Together, before fees−0.232%−$23 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 BloFin is 0.061% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.6730	0.0088	pay 0.0088% / 8h	3h 30m	$2.4M	$3.4M	20x
Short	BloFin ENS-USDT	6.6810	0.0106	get 0.0106% / 8h	3h 30m	$299K	$74K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.120%Rate

Funding earned: $3.7
Price spread: +0.120% → +0.058%: $6.15
Slippage, 4 orders: −$46.69
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$58.85
Costs to cover: 0.687%
Break-even: 118.4 days

Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 51 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	1.50 bp	16.5 bp −$17	86.9 bp −$869	doesn't fit	doesn't fit
Sell BloFin live order book, 51 min ago	0.75 bp	17.5 bp −$18	27.5 bp −$275	106.4 bp −$10.6K	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	−0.0673%	1h	6.6725	−0.007%	$90K	$405K	20x	as long as short
ApeX Omni ENSUSDT	−0.0150%	1h	6.6660	−0.105%	$25K	$601K	50x	as long as short
Gate ENS_USDT	+0.0072%	8h	6.6680	−0.075%	$456K	$561K	75x	as long as short
OKX ENS-USDT-SWAPlong	+0.0088%	8h	6.6730	long leg	$2.4M	$3.4M	20x
Hyperliquid ENS	+0.0100%	1h	6.6882	+0.228%	$3.0M	$293K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6781	+0.077%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6795	+0.097%	$5.2M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6780	+0.075%	$5.4M	$3.6M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6810	+0.120%	$5.9M	$755K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6790	+0.090%	$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
Bitget ENSUSDT	+0.0100%	8h	6.6790	+0.090%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6780	+0.075%	—	$7.7M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6768	+0.057%	$107K	$9K	—	as long as short
Extended ENS-USD	+0.0104%	1h	6.6790	+0.090%	$2K	$120K	10x	as long as short
BloFin ENS-USDTshort	+0.0106%	8h	6.6810	+0.120%	$299K	$74K	20x