ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against KuCoin−0.015%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1701.695% of the position

Long on KuCoin Short on BloFin

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)−0.144%−$14 · spread now −0.015%, 7d avg −0.036%

Together, before fees−0.163%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ENSUSDTM	6.6890	0.0100	pay 0.0100% / 8h	3h 42m	$1.8M	$132K	50x
Short	BloFin ENS-USDT	6.6880	0.0122	get 0.0122% / 8h	3h 42m	$298K	$74K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.015%Rate

Funding earned: $4.66
Price spread: −0.015% → −0.036%: $2.09
Slippage, 4 orders: −$145.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$162.78
Costs to cover: 1.695%
Break-even: 251.6 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 39 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 KuCoin live order book, 3 min ago	10.45 bp	39.4 bp −$39	706.0 bp −$7,060	doesn't fit	doesn't fit
Sell BloFin live order book, 39 min ago	0.75 bp	17.5 bp −$18	27.5 bp −$275	106.4 bp −$10.6K	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	−0.0671%	1h	6.6874	−0.024%	$90K	$406K	20x	as long as short
ApeX Omni ENSUSDT	−0.0150%	1h	6.6950	+0.090%	$25K	$599K	50x	as long as short
Gate ENS_USDT	+0.0099%	8h	6.6810	−0.120%	$457K	$560K	75x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6879	−0.016%	$3.0M	$294K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6874	−0.024%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6810	−0.120%	$5.2M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6750	−0.209%	$5.4M	$3.7M	75x	as long as short
OKX ENS-USDT-SWAP	+0.0100%	8h	6.6800	−0.135%	$2.3M	$3.3M	20x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6860	−0.045%	$5.9M	$754K	75x	as long as short
KuCoin ENSUSDTMlong	+0.0100%	8h	6.6890	long leg	$1.8M	$132K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6820	−0.105%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6820	−0.105%	—	$7.7M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6858	−0.047%	$107K	$9K	—	as long as short
Extended ENS-USD	+0.0104%	1h	6.6831	−0.088%	$2K	$124K	10x	as long as short
BloFin ENS-USDTshort	+0.0122%	8h	6.6880	−0.015%	$298K	$74K	20x