ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.003%

Price spread now: KuCoin against BloFin0.000%65s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as 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−$1601.597% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now 0.000%, 7d avg +0.040%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.040% cheaper against BloFin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.040%). If the spread goes back, that is −$4 on $10k: about 12 days of funding at the current rate ($0 a day). The two prices were read 65 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	BloFin ENS-USDT	6.6360	0.0089	pay 0.0089% / 8h	9m 58s	$293K	$76K	20x
Short	KuCoin ENSUSDTM	6.6360	0.0100	get 0.0100% / 8h	9m 58s	$1.8M	$118K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $2.31
Price spread: 0.000% → +0.040%: −$3.99
Slippage, 4 orders: −$135.68
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$161.37
Costs to cover: 1.597%
Break-even: 496.9 days

Slippage from BloFin: live order book, 52 min ago; KuCoin: 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 BloFin live order book, 52 min ago	0.75 bp	15.2 bp −$15	27.0 bp −$270	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	8.29 bp	81.5 bp −$82	618.9 bp −$6,189	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	−0.1030%	1h	6.6406	+0.070%	$90K	$346K	20x	as long as short
OKX ENS-USDT-SWAP	−0.0012%	8h	6.6350	−0.015%	$2.3M	$3.3M	20x	as long as short
Gate ENS_USDT	+0.0069%	8h	6.6300	−0.090%	$463K	$571K	75x	as long as short
BloFin ENS-USDTlong	+0.0089%	8h	6.6360	long leg	$293K	$76K	20x
Aster ENSUSDT	+0.0100%	8h	6.6335	−0.038%	$8K	$104K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6374	+0.021%	$5.1M	$13.3M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6340	−0.030%	$5.4M	$3.2M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6390	+0.045%	$6.9M	$1.0M	75x	as long as short
KuCoin ENSUSDTMshort	+0.0100%	8h	6.6360	0.000%	$1.8M	$118K	50x
Bitget ENSUSDT	+0.0100%	8h	6.6370	+0.015%	$2.9M	$1.2M	75x	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	6.6340	−0.030%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6227	−0.201%	$106K	$15K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6380	+0.030%	$24K	$606K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6356	−0.007%	$3K	$255K	10x	as long as short
Hyperliquid ENS	+0.0154%	1h	6.6538	+0.268%	$3.0M	$293K	5x	as long as short