ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.4% APRnext payment +$1.41 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against Bitget+0.062%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$630.633% of the position

Long on Bitget Short on Binance

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−0.065%−$7 · spread now +0.062%, 7d avg +0.042%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.020% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.8230	−0.0041	get 0.0041% / 8h	51m 44s	$2.9M	$1.3M	75x
Short	Binance ENSUSDT	6.8272	0.0100	get 0.0100% / 8h	51m 44s	$5.6M	$13.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.062%Rate

Funding earned: $29.61
Price spread: +0.062% → +0.042%: $2.02
Slippage, 4 orders: −$41.27
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$31.64
Costs to cover: 0.633%
Break-even: 14.5 days

Slippage from Bitget: live order book, 6 min ago; Binance: 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 Bitget live order book, 6 min ago	5.14 bp	15.8 bp −$16	48.6 bp −$486	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.73 bp	10.8 bp −$11	31.5 bp −$315	236.8 bp −$23.7K	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	−0.1924%	1h	6.8225	−0.008%	$94K	$447K	20x	as long as short
Gate ENS_USDT	−0.0176%	8h	6.8220	−0.015%	$451K	$574K	75x	as long as short
Variational Omni ENS	−0.0101%	8h	6.8126	−0.153%	$112K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0063%	8h	6.8230	0.000%	$2.4M	$3.5M	20x	as long as short
Bitget ENSUSDTlong	−0.0041%	8h	6.8230	long leg	$2.9M	$1.3M	75x
Bybit ENSUSDT	−0.0030%	8h	6.8220	−0.015%	$5.5M	$3.8M	75x	as long as short
Aster ENSUSDT	+0.0046%	8h	6.8289	+0.086%	$13K	$96K	10x	as long as short
Binance ENSUSDTshort	+0.0100%	8h	6.8272	+0.062%	$5.6M	$13.8M	75x
MEXC ENS_USDT	+0.0100%	8h	6.8290	+0.088%	$5.6M	$852K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.8300	+0.103%	$1.8M	$138K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.8220	−0.015%	—	$3.6M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.8090	−0.205%	$24K	$609K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.8275	+0.066%	$1K	$181K	10x	as long as short
BloFin ENS-USDT	+0.0119%	8h	6.8370	+0.205%	$315K	$76K	20x	as long as short
Hyperliquid ENS	+0.0223%	1h	6.8456	+0.331%	$3.1M	$410K	5x	as long as short