ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment −$1.04 per $10,000 · paid last 24h −0.008%

Price spread now: OKX against Binance−0.153%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.153%, 7d avg −0.026%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.127% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ENSUSDT	6.7474	0.0036	pay 0.0036% / 8h	1h 58m	$5.3M	$13.8M	75x
Short	OKX ENS-USDT-SWAP	6.7370	−0.0068	pay 0.0068% / 8h	1h 58m	$2.4M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.153%Rate

Funding earned: −$21.92
Price spread: −0.153% → −0.026%: −$12.69
Slippage, 4 orders: −$41.2
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$95.81
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; OKX: 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 Binance live order book, 12 min ago	0.74 bp	11.4 bp −$11	30.8 bp −$308	434.4 bp −$43.4K	doesn't fit
Sell OKX live order book, 3 min ago	3.71 bp	18.9 bp −$19	83.9 bp −$839	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	−0.2255%	1h	6.7449	−0.037%	$91K	$436K	20x	as long as short
Gate ENS_USDT	−0.0261%	8h	6.7400	−0.109%	$459K	$562K	75x	as long as short
Variational Omni ENS	−0.0145%	8h	6.7262	−0.314%	$111K	$6K	—	as long as short
Bybit ENSUSDT	−0.0098%	8h	6.7360	−0.168%	$5.4M	$3.8M	75x	as long as short
Bitget ENSUSDT	−0.0069%	8h	6.7400	−0.109%	$2.9M	$1.3M	75x	as long as short
OKX ENS-USDT-SWAPshort	−0.0068%	8h	6.7370	−0.153%	$2.4M	$3.4M	20x
Aster ENSUSDT	−0.0038%	8h	6.7419	−0.081%	$8K	$89K	10x	as long as short
MEXC ENS_USDT	+0.0036%	8h	6.7490	+0.024%	$5.5M	$830K	75x	as long as short
BingX ENS-USDT	+0.0036%	8h	6.7420	−0.079%	—	$3.7M	—	as long as short
Binance ENSUSDTlong	+0.0036%	8h	6.7474	long leg	$5.3M	$13.8M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ENSUSDT	+0.0039%	1h	6.7390	−0.124%	$24K	$609K	50x	as long as short
Extended ENS-USD	+0.0040%	1h	6.7463	−0.016%	$1K	$181K	10x	as long as short
BloFin ENS-USDT	+0.0065%	8h	6.7390	−0.124%	$311K	$73K	20x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7410	−0.094%	$1.8M	$139K	50x	as long as short
Hyperliquid ENS	+0.0398%	1h	6.7573	+0.147%	$3.1M	$414K	5x	as long as short