ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h −0.005%

Price spread now: Gate against OKX−0.045%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1000.999% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.045%, 7d avg 0.000%

Together, before fees−0.065%−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.046% cheaper against OKX than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of 0.000%). If the spread goes back, that is −$5 on $10k: about 4.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.6410	0.0066	pay 0.0066% / 8h	6h 44m	$2.3M	$3.5M	20x
Short	Gate ENS_USDT	6.6380	0.0100	get 0.0100% / 8h	6h 44m	$458K	$566K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.045%Rate

Funding earned: $7.16
Price spread: −0.045% → 0.000%: −$4.55
Slippage, 4 orders: −$74.94
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$97.33
Costs to cover: 0.999%
Break-even: 102.2 days

Slippage from OKX: live order book, 3 min ago; Gate: live order book, 22 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, 3 min ago	3.01 bp	17.0 bp −$17	87.6 bp −$876	doesn't fit	doesn't fit
Sell Gate live order book, 22 min ago	8.16 bp	34.2 bp −$34	131.7 bp −$1,317	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	−0.0818%	1h	6.6426	+0.025%	$87K	$447K	20x	as long as short
OKX ENS-USDT-SWAPlong	+0.0066%	8h	6.6410	long leg	$2.3M	$3.5M	20x
Variational Omni ENS	+0.0078%	8h	6.6315	−0.143%	$106K	$8K	—	as long as short
BloFin ENS-USDT	+0.0097%	8h	6.6560	+0.226%	$301K	$77K	20x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6376	−0.052%	$11K	$106K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6479	+0.104%	$5.1M	$14.2M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6440	+0.045%	$5.4M	$3.8M	75x	as long as short
Gate ENS_USDTshort	+0.0100%	8h	6.6380	−0.045%	$458K	$566K	75x
MEXC ENS_USDT	+0.0100%	8h	6.6510	+0.151%	$5.4M	$775K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6390	−0.030%	$1.8M	$144K	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	6.6450	+0.060%	$3.0M	$1.3M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6410	0.000%	—	$7.8M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6460	+0.075%	$25K	$603K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6370	−0.060%	$194	$107K	10x	as long as short
Hyperliquid ENS	+0.0224%	1h	6.6566	+0.235%	$3.0M	$355K	5x	as long as short