ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.012%

Price spread now: BloFin against Bitget+0.105%75s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.603% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.105%, 7d avg +0.017%

Together, before fees−0.100%−$10 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 0.089% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.6480	0.0100	pay 0.0100% / 8h	1h 56m	$2.9M	$1.2M	75x
Short	BloFin ENS-USDT	6.6550	0.0120	get 0.0120% / 8h	1h 56m	$293K	$80K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.105%Rate

Funding earned: $4.26
Price spread: +0.105% → +0.017%: $8.86
Slippage, 4 orders: −$36.25
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$47.13
Costs to cover: 0.603%
Break-even: 84.5 days

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 11 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 Bitget live order book, 1 min ago	4.51 bp	19.1 bp −$19	50.4 bp −$504	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	3.75 bp	14.3 bp −$14	26.0 bp −$260	110.1 bp −$11.0K	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	−0.1063%	1h	6.6389	−0.136%	$90K	$372K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0067%	8h	6.6390	−0.135%	$2.3M	$3.4M	20x	as long as short
Gate ENS_USDT	+0.0091%	8h	6.6630	+0.226%	$463K	$572K	75x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6581	+0.152%	$3.0M	$295K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6462	−0.027%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6460	−0.030%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6400	−0.120%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6450	−0.045%	$6.2M	$862K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6540	+0.090%	$1.8M	$119K	50x	as long as short
Bitget ENSUSDTlong	+0.0100%	8h	6.6480	long leg	$2.9M	$1.2M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6430	−0.075%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6478	−0.003%	$106K	$9K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6590	+0.165%	$24K	$605K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6443	−0.056%	$3K	$258K	10x	as long as short
BloFin ENS-USDTshort	+0.0120%	8h	6.6550	+0.105%	$293K	$80K	20x