ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against BloFin+0.030%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on BloFin Short on MEXC

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)+0.113%+$11 · spread now +0.030%, 7d avg −0.003%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.034% dearer against BloFin than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ENS-USDT	6.6190	0.0110	pay 0.0110% / 8h	5h 46m	$295K	$75K	20x
Short	MEXC ENS_USDT	6.6210	0.0100	get 0.0100% / 8h	5h 46m	$6.9M	$925K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$2.12
Price spread: +0.030% → −0.003%: $3.36
Slippage, 4 orders: −$27.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$42.12
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from BloFin: live order book, 60 min ago; MEXC: live order book, 4 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, 60 min ago	1.51 bp	11.1 bp −$11	28.5 bp −$285	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.51 bp	7.3 bp −$7	19.9 bp −$199	62.5 bp −$6,245	107.1 bp −$53.6K

ENS on 15 exchanges

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	−0.0961%	1h	6.6106	−0.127%	$94K	$260K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0004%	8h	6.6160	−0.045%	$2.3M	$3.0M	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6294	+0.157%	$3.0M	$199K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6248	+0.088%	$8K	$124K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6220	+0.045%	$5.1M	$12.1M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6190	0.000%	$5.3M	$3.1M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.6200	+0.015%	$442K	$587K	75x	as long as short
MEXC ENS_USDTshort	+0.0100%	8h	6.6210	+0.030%	$6.9M	$925K	75x
KuCoin ENSUSDTM	+0.0100%	8h	6.6230	+0.060%	$1.7M	$118K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6150	−0.060%	$2.9M	$1.2M	75x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6170	−0.030%	—	$11.3M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6223	+0.050%	$108K	$20K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6300	+0.166%	$24K	$601K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6158	−0.048%	$4K	$254K	10x	as long as short
BloFin ENS-USDTlong	+0.0110%	8h	6.6190	long leg	$295K	$75K	20x