ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0173%/8h= +19.0% APRnext payment +$1.73 per $10,000 · paid last 24h +0.017%

Price spread now: KuCoin against Bybit+0.148%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1371.369% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 7 days−0.174%−$17 · spread now +0.148%, 7d avg +0.076%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENSUSDT	6.7500	−0.0073	get 0.0073% / 8h	1h 23m	$5.4M	$3.8M	75x
Short	KuCoin ENSUSDTM	6.7600	0.0100	get 0.0100% / 8h	1h 23m	$1.8M	$135K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.148%Rate

Funding earned: $36.39
Price spread: +0.148% → +0.076%: $7.18
Slippage, 4 orders: −$113.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$93.31
Costs to cover: 1.369%
Break-even: 24.9 days

Slippage from Bybit: live order book, 4 min ago; KuCoin: 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, 4 min ago	2.97 bp	14.5 bp −$15	40.5 bp −$405	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	8.90 bp	63.2 bp −$63	590.8 bp −$5,908	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	−0.2250%	1h	6.7591	+0.135%	$91K	$435K	20x	as long as short
Gate ENS_USDT	−0.0226%	8h	6.7530	+0.044%	$459K	$565K	75x	as long as short
Variational Omni ENS	−0.0130%	8h	6.7427	−0.109%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0086%	8h	6.7540	+0.059%	$2.4M	$3.4M	20x	as long as short
Bitget ENSUSDT	−0.0080%	8h	6.7490	−0.015%	$2.9M	$1.3M	75x	as long as short
Bybit ENSUSDTlong	−0.0073%	8h	6.7500	long leg	$5.4M	$3.8M	75x
Aster ENSUSDT	−0.0003%	8h	6.7647	+0.218%	$8K	$89K	10x	as long as short
BingX ENS-USDT	+0.0054%	8h	6.7520	+0.030%	—	$3.7M	—	as long as short
MEXC ENS_USDT	+0.0060%	8h	6.7550	+0.074%	$5.6M	$849K	75x	as long as short
Binance ENSUSDT	+0.0063%	8h	6.7590	+0.133%	$5.3M	$13.4M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENS-USD	+0.0064%	1h	6.7587	+0.129%	$1K	$181K	10x	as long as short
BloFin ENS-USDT	+0.0089%	8h	6.7590	+0.133%	$310K	$73K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.7697	+0.292%	$3.1M	$408K	5x	as long as short
KuCoin ENSUSDTMshort	+0.0100%	8h	6.7600	+0.148%	$1.8M	$135K	50x
ApeX Omni ENSUSDT	+0.0100%	1h	6.7500	0.000%	$24K	$606K	50x	as long as short