ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.026%

Price spread now: Bybit against BloFin−0.195%52s7-day average −0.091% · you buy dearer than you sell

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−$680.682% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.195%, 7d avg −0.091%

Together, before fees+0.270%+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.104% cheaper against BloFin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.091%. The two prices were read 52 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	6.6650	0.0103	pay 0.0103% / 8h	3h 28m	$299K	$74K	20x
Short	Bybit ENSUSDT	6.6520	0.0100	get 0.0100% / 8h	3h 28m	$5.4M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.195%Rate

Funding earned: −$0.53
Price spread: −0.195% → −0.091%: −$10.41
Slippage, 4 orders: −$45.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$79.1
Costs to cover: 0.682%
Break-even: never at this rate

Slippage from BloFin: live order book, 54 min ago; Bybit: 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 BloFin live order book, 54 min ago	0.75 bp	14.9 bp −$15	22.0 bp −$220	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	2.25 bp	17.5 bp −$18	52.0 bp −$520	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	−0.0675%	1h	6.6474	−0.264%	$90K	$394K	20x	as long as short
ApeX Omni ENSUSDT	−0.0104%	1h	6.6770	+0.180%	$25K	$601K	50x	as long as short
Gate ENS_USDT	+0.0072%	8h	6.6600	−0.075%	$456K	$561K	75x	as long as short
OKX ENS-USDT-SWAP	+0.0091%	8h	6.6560	−0.135%	$2.4M	$3.3M	20x	as long as short
Hyperliquid ENS	+0.0100%	1h	6.6721	+0.107%	$3.0M	$293K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6637	−0.020%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6565	−0.127%	$5.1M	$13.4M	75x	as long as short
Bybit ENSUSDTshort	+0.0100%	8h	6.6520	−0.195%	$5.4M	$3.4M	75x
MEXC ENS_USDT	+0.0100%	8h	6.6560	−0.135%	$5.9M	$755K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6680	+0.045%	$1.8M	$130K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ENSUSDT	+0.0100%	8h	6.6560	−0.135%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6610	−0.060%	—	$7.7M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6768	+0.178%	$107K	$9K	—	as long as short
BloFin ENS-USDTlong	+0.0103%	8h	6.6650	long leg	$299K	$74K	20x
Extended ENS-USD	+0.0104%	1h	6.6550	−0.150%	$2K	$120K	10x	as long as short