ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.66 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against Binance−0.013%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days−0.008%−$1 · spread now −0.013%, 7d avg −0.042%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.030% dearer against Binance than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.042%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.024% in total) that is about 8.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENSUSDT	6.7989	0.0060	pay 0.0060% / 8h	2h 23m	$5.3M	$13.8M	75x
Short	Bitget ENSUSDT	6.7980	−0.0006	pay 0.0006% / 8h	2h 23m	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$13.87
Price spread: −0.013% → −0.042%: $2.96
Slippage, 4 orders: −$43.99
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.91
Costs to cover: 0.660%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 4 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 Binance live order book, 1 min ago	0.74 bp	12.6 bp −$13	37.4 bp −$374	449.3 bp −$44.9K	doesn't fit
Sell Bitget live order book, 4 min ago	5.16 bp	16.5 bp −$17	34.7 bp −$347	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	−0.2130%	1h	6.7953	−0.053%	$92K	$436K	20x	as long as short
Gate ENS_USDT	−0.0201%	8h	6.7920	−0.101%	$462K	$576K	75x	as long as short
Variational Omni ENS	−0.0143%	8h	6.7913	−0.112%	$111K	$6K	—	as long as short
Bybit ENSUSDT	−0.0093%	8h	6.7920	−0.101%	$5.4M	$3.8M	75x	as long as short
OKX ENS-USDT-SWAP	−0.0033%	8h	6.7910	−0.116%	$2.4M	$3.5M	20x	as long as short
Aster ENSUSDT	−0.0008%	8h	6.7981	−0.011%	$8K	$89K	10x	as long as short
Bitget ENSUSDTshort	−0.0006%	8h	6.7980	−0.013%	$2.9M	$1.3M	75x
BloFin ENS-USDT	+0.0034%	8h	6.7960	−0.042%	$311K	$73K	20x	as long as short
BingX ENS-USDT	+0.0048%	8h	6.7980	−0.013%	—	$3.7M	—	as long as short
MEXC ENS_USDT	+0.0057%	8h	6.7990	+0.002%	$5.5M	$829K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENSUSDTlong	+0.0060%	8h	6.7989	long leg	$5.3M	$13.8M	75x
Extended ENS-USD	+0.0064%	1h	6.7981	−0.011%	$1K	$181K	10x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.8113	+0.183%	$3.1M	$414K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7990	+0.002%	$1.8M	$139K	50x	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7860	−0.189%	$24K	$610K	50x	as long as short