ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against Bitget−0.103%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$790.791% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.103%, 7d avg +0.015%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.119% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ENSUSDT	6.7640	−0.0075	get 0.0075% / 8h	1h 19m	$2.9M	$1.3M	75x
Short	OKX ENS-USDT-SWAP	6.7570	−0.0087	pay 0.0087% / 8h	1h 19m	$2.4M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$2.58
Price spread: −0.103% → +0.015%: −$11.85
Slippage, 4 orders: −$57.07
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$93.5
Costs to cover: 0.791%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago	5.91 bp	22.8 bp −$23	49.7 bp −$497	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.74 bp	15.8 bp −$16	65.9 bp −$659	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	−0.2254%	1h	6.7493	−0.217%	$91K	$435K	20x	as long as short
Gate ENS_USDT	−0.0215%	8h	6.7630	−0.015%	$460K	$565K	75x	as long as short
Variational Omni ENS	−0.0125%	8h	6.7617	−0.035%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAPshort	−0.0087%	8h	6.7570	−0.103%	$2.4M	$3.4M	20x
Bitget ENSUSDTlong	−0.0075%	8h	6.7640	long leg	$2.9M	$1.3M	75x
Bybit ENSUSDT	−0.0071%	8h	6.7520	−0.177%	$5.4M	$3.8M	75x	as long as short
Aster ENSUSDT	+0.0002%	8h	6.7637	−0.005%	$8K	$89K	10x	as long as short
BingX ENS-USDT	+0.0061%	8h	6.7700	+0.089%	—	$3.7M	—	as long as short
MEXC ENS_USDT	+0.0065%	8h	6.7610	−0.044%	$5.6M	$850K	75x	as long as short
Binance ENSUSDT	+0.0068%	8h	6.7640	0.000%	$5.3M	$13.4M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ENS-USD	+0.0072%	1h	6.7617	−0.034%	$1K	$181K	10x	as long as short
BloFin ENS-USDT	+0.0085%	8h	6.7700	+0.089%	$308K	$73K	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.7706	+0.098%	$3.1M	$408K	5x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7670	+0.044%	$1.8M	$135K	50x	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7530	−0.163%	$24K	$606K	50x	as long as short