ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.024%

Price spread now: KuCoin against OKX+0.106%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1641.640% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 7 days−0.183%−$18 · spread now +0.106%, 7d avg +0.032%

Together, before fees−0.128%−$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 KuCoin is 0.074% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.6010	0.0062	pay 0.0062% / 8h	2h 44m	$2.3M	$3.4M	20x
Short	KuCoin ENSUSDTM	6.6080	0.0100	get 0.0100% / 8h	2h 44m	$1.7M	$122K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.106%Rate

Funding earned: $8.08
Price spread: +0.106% → +0.032%: $7.37
Slippage, 4 orders: −$142
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$148.54
Costs to cover: 1.640%
Break-even: 135.6 days

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 6 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	2.27 bp	18.1 bp −$18	83.3 bp −$833	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	7.54 bp	64.3 bp −$64	612.0 bp −$6,120	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	−0.1030%	1h	6.5979	−0.047%	$90K	$381K	20x	as long as short
Gate ENS_USDT	+0.0036%	8h	6.6000	−0.015%	$459K	$566K	75x	as long as short
OKX ENS-USDT-SWAPlong	+0.0062%	8h	6.6010	long leg	$2.3M	$3.4M	20x
Aster ENSUSDT	+0.0100%	8h	6.6127	+0.178%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6070	+0.091%	$5.1M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6030	+0.030%	$5.3M	$3.4M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6090	+0.121%	$6.1M	$864K	75x	as long as short
KuCoin ENSUSDTMshort	+0.0100%	8h	6.6080	+0.106%	$1.7M	$122K	50x
Bitget ENSUSDT	+0.0100%	8h	6.6010	0.000%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6010	0.000%	—	$7.7M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ENS	+0.0100%	8h	6.5938	−0.108%	$106K	$9K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6110	+0.151%	$24K	$603K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6045	+0.053%	$3K	$259K	10x	as long as short
BloFin ENS-USDT	+0.0125%	8h	6.5970	−0.061%	$294K	$78K	20x	as long as short
Hyperliquid ENS	+0.0301%	1h	6.6181	+0.259%	$3.0M	$294K	5x	as long as short