ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bybit+0.030%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$670.672% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days+0.020%+$2 · spread now +0.030%, 7d avg +0.050%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.020% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.050%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ENSUSDT	6.6540	0.0100	pay 0.0100% / 8h	2h 01m	$5.4M	$3.4M	75x
Short	OKX ENS-USDT-SWAP	6.6560	0.0084	get 0.0084% / 8h	2h 01m	$2.3M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$3.31
Price spread: +0.030% → +0.050%: −$2.02
Slippage, 4 orders: −$46.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$72.51
Costs to cover: 0.672%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; OKX: live order book, just now.

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, 1 min ago	1.50 bp	20.5 bp −$21	47.4 bp −$474	doesn't fit	doesn't fit
Sell OKX live order book, just now	3.01 bp	15.8 bp −$16	84.3 bp −$843	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	−0.1021%	1h	6.6561	+0.031%	$91K	$373K	20x	as long as short
BloFin ENS-USDT	+0.0080%	8h	6.6620	+0.120%	$292K	$80K	20x	as long as short
OKX ENS-USDT-SWAPshort	+0.0084%	8h	6.6560	+0.030%	$2.3M	$3.4M	20x
Gate ENS_USDT	+0.0096%	8h	6.6590	+0.075%	$462K	$572K	75x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6717	+0.266%	$3.0M	$295K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6567	+0.040%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6597	+0.086%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDTlong	+0.0100%	8h	6.6540	long leg	$5.4M	$3.4M	75x
MEXC ENS_USDT	+0.0100%	8h	6.6600	+0.090%	$6.2M	$871K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6620	+0.120%	$1.8M	$119K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6600	+0.090%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6580	+0.060%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6628	+0.133%	$107K	$9K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6780	+0.361%	$24K	$604K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6591	+0.077%	$3K	$258K	10x	as long as short