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 +0.027%

Price spread now: BloFin against Bybit+0.864%442s7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as 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−$670.673% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)−0.882%−$88 · spread now +0.864%, 7d avg +0.103%

Together, before fees−0.872%−$87 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: BloFin is 0.761% dearer against Bybit than usual: you sell high and buy low, +$76 on $10k if it goes back to its 7-day average of +0.103%. The two prices were read 442 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	Bybit ENSUSDT	6.5990	0.0100	pay 0.0100% / 8h	6h 41m	$5.3M	$3.8M	75x
Short	BloFin ENS-USDT	6.6560	0.0097	get 0.0097% / 8h	6h 41m	$301K	$77K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.864%Rate

Funding earned: −$0.64
Price spread: +0.864% → +0.103%: $76.11
Slippage, 4 orders: −$44.28
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $8.19
Costs to cover: 0.673%
Break-even: from the start

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 20 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 Bybit live order book, 1 min ago	4.53 bp	18.5 bp −$18	52.5 bp −$525	doesn't fit	doesn't fit
Sell BloFin live order book, 20 min ago	1.49 bp	10.6 bp −$11	25.4 bp −$254	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	−0.0824%	1h	6.5937	−0.081%	$87K	$447K	20x	as long as short
OKX ENS-USDT-SWAP	+0.0066%	8h	6.6000	+0.015%	$2.3M	$3.4M	20x	as long as short
Variational Omni ENS	+0.0078%	8h	6.6315	+0.492%	$106K	$8K	—	as long as short
BloFin ENS-USDTshort	+0.0097%	8h	6.6560	+0.864%	$301K	$77K	20x
Aster ENSUSDT	+0.0100%	8h	6.6072	+0.124%	$10K	$106K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6080	+0.137%	$5.1M	$14.2M	75x	as long as short
Bybit ENSUSDTlong	+0.0100%	8h	6.5990	long leg	$5.3M	$3.8M	75x
Gate ENS_USDT	+0.0100%	8h	6.6060	+0.106%	$455K	$566K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6070	+0.121%	$5.4M	$775K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.6130	+0.212%	$1.8M	$144K	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	6.6050	+0.091%	$2.9M	$1.4M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6060	+0.106%	—	$7.8M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6460	+0.712%	$25K	$603K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6065	+0.114%	$193	$107K	10x	as long as short
Hyperliquid ENS	+0.0194%	1h	6.6152	+0.245%	$3.0M	$360K	5x	as long as short