ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.035%

Price spread now: BingX against OKX−0.122%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$620.619% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 7 days+0.125%+$12 · spread now −0.122%, 7d avg −0.009%

Together, before fees+0.187%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.113% cheaper against OKX than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.009%). If the spread goes back, that is −$11 on $10k: about 3.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.062% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.5720	−0.0015	get 0.0015% / 8h	7h 28m	$2.3M	$3.2M	20x
Short	BingX ENS-USDT	6.5640	0.0100	get 0.0100% / 8h	7h 28m	—	$11.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.122%Rate

Funding earned: $24.18
Price spread: −0.122% → −0.009%: −$11.28
Slippage, 4 orders: −$41.87
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$48.97
Costs to cover: 0.619%
Break-even: 21.2 days

Slippage from OKX: live order book, 4 min ago; BingX: live order book, 9 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 OKX live order book, 4 min ago	3.04 bp	16.2 bp −$16	81.2 bp −$812	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	4.53 bp	14.7 bp −$15	33.7 bp −$337	154.5 bp −$15.5K	461.6 bp −$230.8K

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	−0.0952%	1h	6.5646	−0.113%	$89K	$341K	20x	as long as short
Gate ENS_USDT	−0.0373%	8h	6.5720	0.000%	$458K	$551K	75x	as long as short
OKX ENS-USDT-SWAPlong	−0.0015%	8h	6.5720	long leg	$2.3M	$3.2M	20x
BloFin ENS-USDT	+0.0096%	8h	6.5770	+0.076%	$293K	$75K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.5771	+0.078%	$3.0M	$292K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.5768	+0.074%	$7K	$102K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.5750	+0.046%	$5.1M	$13.2M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.5710	−0.015%	$5.3M	$3.2M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.5780	+0.091%	$6.8M	$1.0M	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.5800	+0.122%	$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	6.5640	−0.122%	$2.8M	$1.1M	75x	as long as short
BingX ENS-USDTshort	+0.0100%	8h	6.5640	−0.122%	—	$11.1M	—
Variational Omni ENS	+0.0100%	8h	6.5754	+0.052%	$107K	$17K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.5820	+0.152%	$24K	$607K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.5703	−0.026%	$3K	$252K	10x	as long as short