ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Hyperliquid against Extended+0.252%7-day average +0.184% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$660.662% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.252%, 7d avg +0.184%

Together, before fees−0.010%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.068% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.184%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ENS-USD	6.6174	0.0104	pay 0.0013% / 1h	34m 03s	$570	$260K	10x
Short	Hyperliquid ENS	6.6341	0.0100	get 0.0013% / 1h	34m 03s	$3.0M	$294K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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 ExtendedbpFee HyperliquidbpOrdersPrice spread, now +0.252%Rate

Funding earned: −$0.84
Price spread: +0.252% → +0.184%: $6.82
Slippage, 4 orders: −$52.2
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$60.22
Costs to cover: 0.662%
Break-even: never at this rate

Slippage from Extended: live order book, 8 min ago; Hyperliquid: live order book, 7 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 Extended live order book, 8 min ago	2.03 bp	17.9 bp −$18	177.6 bp −$1,776	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	1.05 bp	15.7 bp −$16	doesn't fit	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	−0.1067%	1h	6.6138	−0.054%	$90K	$371K	20x	as long as short
ApeX Omni ENSUSDT	−0.0718%	1h	6.6450	+0.417%	$24K	$605K	50x	as long as short
OKX ENS-USDT-SWAP	−0.0008%	8h	6.6180	+0.009%	$2.3M	$3.4M	20x	as long as short
Gate ENS_USDT	+0.0038%	8h	6.6230	+0.084%	$461K	$573K	75x	as long as short
Hyperliquid ENSshort	+0.0100%	1h	6.6341	+0.252%	$3.0M	$294K	5x
Aster ENSUSDT	+0.0100%	8h	6.6250	+0.114%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6210	+0.054%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6150	−0.036%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6200	+0.039%	$6.5M	$967K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6270	+0.145%	$1.7M	$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	6.6240	+0.100%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6160	−0.021%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6213	+0.059%	$106K	$9K	—	as long as short
Extended ENS-USDlong	+0.0104%	1h	6.6174	long leg	$570	$260K	10x
BloFin ENS-USDT	+0.0128%	8h	6.6210	+0.054%	$294K	$80K	20x	as long as short