ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0109%/8h= +12.0% APRnext payment +$1.09 per $10,000 · paid last 24h +0.017%

Price spread now: BingX against Bybit−0.044%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$640.640% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.044%, 7d avg +0.039%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.084% cheaper against Bybit than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.039%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.018% in total) that is about 33 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENSUSDT	6.7500	−0.0009	get 0.0009% / 8h	20m 59s	$5.4M	$3.8M	75x
Short	BingX ENS-USDT	6.7470	0.0100	get 0.0100% / 8h	20m 59s	—	$8.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now −0.044%Rate

Funding earned: $22.96
Price spread: −0.044% → +0.039%: −$8.39
Slippage, 4 orders: −$43.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$49.47
Costs to cover: 0.640%
Break-even: 22.1 days

Slippage from Bybit: live order book, 2 min ago; BingX: 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 Bybit live order book, 2 min ago	3.70 bp	14.8 bp −$15	46.9 bp −$469	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	5.19 bp	15.8 bp −$16	34.7 bp −$347	151.7 bp −$15.2K	402.6 bp −$201.3K

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	−0.1946%	1h	6.7446	−0.080%	$92K	$447K	20x	as long as short
Gate ENS_USDT	−0.0231%	8h	6.7400	−0.148%	$458K	$586K	75x	as long as short
Variational Omni ENS	−0.0078%	8h	6.7456	−0.065%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0069%	8h	6.7520	+0.030%	$2.4M	$3.5M	20x	as long as short
Bitget ENSUSDT	−0.0025%	8h	6.7490	−0.015%	$2.9M	$1.3M	75x	as long as short
Bybit ENSUSDTlong	−0.0009%	8h	6.7500	long leg	$5.4M	$3.8M	75x
ApeX Omni ENSUSDT	−0.0007%	1h	6.7370	−0.193%	$24K	$608K	50x	as long as short
Aster ENSUSDT	+0.0041%	8h	6.7516	+0.024%	$15K	$102K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7553	+0.079%	$5.4M	$14.0M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.7570	+0.104%	$5.5M	$861K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ENSUSDTM	+0.0100%	8h	6.7520	+0.030%	$1.8M	$138K	50x	as long as short
BingX ENS-USDTshort	+0.0100%	8h	6.7470	−0.044%	—	$8.1M	—
BloFin ENS-USDT	+0.0104%	8h	6.7590	+0.133%	$314K	$75K	20x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7526	+0.038%	$1K	$181K	10x	as long as short
Hyperliquid ENS	+0.0306%	1h	6.7710	+0.311%	$3.1M	$412K	5x	as long as short