Funding you earn now, next payment 16:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against BloFin+0.136%95s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now +0.136%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.154% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ENS-USDT | 6.6330 | 0.0084 | pay 0.0084% / 8h | 7h 47m | $294K | $76K | 20x |
| Short | Bitget ENSUSDT | 6.6420 | 0.0100 | get 0.0100% / 8h | 7h 47m | $2.9M | $1.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.33
- Price spread: +0.136% → −0.019%
- $15.44
- Slippage, 4 orders
- −$39.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.34
- Costs to cover
- 0.631%
- Break-even
- 100.1 days
Slippage from BloFin: live order book, 9 min ago; Bitget: live order book, 5 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 BloFin live order book, 9 min ago | 1.50 bp | 12.3 bp −$12 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.53 bp | 16.9 bp −$17 | 48.4 bp −$484 | 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 | −0.0941% | 1h | 6.6404 | +0.112% | $90K | $345K | 20x | as long as short |
| OKX ENS-USDT-SWAP | +0.0005% | 8h | 6.6420 | +0.136% | $2.3M | $3.3M | 20x | as long as short |
| BloFin ENS-USDTlong | +0.0084% | 8h | 6.6330 | long leg | $294K | $76K | 20x | |
| Aster ENSUSDT | +0.0100% | 8h | 6.6427 | +0.146% | $8K | $102K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6456 | +0.189% | $5.1M | $13.3M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6410 | +0.121% | $5.4M | $3.2M | 75x | as long as short |
| Gate ENS_USDT | +0.0100% | 8h | 6.6360 | +0.045% | $463K | $551K | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6460 | +0.196% | $6.9M | $1.0M | 75x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6450 | +0.181% | $1.8M | $119K | 50x | as long as short |
| Bitget ENSUSDTshort | +0.0100% | 8h | 6.6420 | +0.136% | $2.9M | $1.2M | 75x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENS-USDT | +0.0100% | 8h | 6.6410 | +0.121% | — | $7.5M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6309 | −0.032% | $108K | $17K | — | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.6260 | −0.106% | $24K | $607K | 50x | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6433 | +0.155% | $3K | $252K | 10x | as long as short |
| Hyperliquid ENS | +0.0170% | 1h | 6.6561 | +0.348% | $3.0M | $292K | 5x | as long as short |
BloFin ENS-USDT
Bitget ENSUSDT
Kraken Futures PF_ENSUSD
OKX ENS-USDT-SWAP
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
Gate ENS_USDT
MEXC ENS_USDT
KuCoin ENSUSDTM
BingX ENS-USDT
Variational Omni ENS
ApeX Omni ENSUSDT
Extended ENS-USD
Hyperliquid ENS