ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against MEXC+0.060%94s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.406% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.060%, 7d avg 0.000%

Together, before fees−0.133%−$13 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 0.060% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENS_USDT	6.6600	0.0100	pay 0.0100% / 8h	2h 03m	$6.2M	$871K	75x
Short	BloFin ENS-USDT	6.6640	0.0119	get 0.0119% / 8h	2h 03m	$290K	$80K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.060%Rate

Funding earned: $3.93
Price spread: +0.060% → 0.000%: $5.96
Slippage, 4 orders: −$24.57
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$30.68
Costs to cover: 0.406%
Break-even: 61.6 days

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 3 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 MEXC live order book, 4 min ago	0.75 bp	7.7 bp −$8	21.4 bp −$214	62.2 bp −$6,222	112.5 bp −$56.3K
Sell BloFin live order book, 3 min ago	3.75 bp	14.3 bp −$14	26.0 bp −$260	110.1 bp −$11.0K	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	6.6550	−0.075%	$91K	$373K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0084%	8h	6.6590	−0.015%	$2.3M	$3.4M	20x	as long as short
Gate ENS_USDT	+0.0094%	8h	6.6590	−0.015%	$462K	$572K	75x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6678	+0.117%	$3.0M	$295K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6579	−0.032%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6617	+0.026%	$5.1M	$13.6M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6540	−0.090%	$5.4M	$3.4M	75x	as long as short
MEXC ENS_USDTlong	+0.0100%	8h	6.6600	long leg	$6.2M	$871K	75x
KuCoin ENSUSDTM	+0.0100%	8h	6.6620	+0.030%	$1.8M	$119K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6600	0.000%	$2.9M	$1.2M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6620	+0.030%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6628	+0.043%	$107K	$9K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6620	+0.030%	$24K	$603K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6599	−0.001%	$643	$254K	10x	as long as short
BloFin ENS-USDTshort	+0.0119%	8h	6.6640	+0.060%	$290K	$80K	20x