ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against Gate+0.059%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$860.865% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.059%, 7d avg +0.030%

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 Bitget is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ENS_USDT	6.8180	−0.0182	get 0.0182% / 8h	54m 08s	$450K	$573K	75x
Short	Bitget ENSUSDT	6.8220	−0.0043	pay 0.0043% / 8h	54m 08s	$2.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.059%Rate

Funding earned: $29.19
Price spread: +0.059% → +0.030%: $2.86
Slippage, 4 orders: −$59.5
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$54.45
Costs to cover: 0.865%
Break-even: 20.1 days

Slippage from Gate: live order book, 22 min ago; Bitget: live order book, 3 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 Gate live order book, 22 min ago	5.17 bp	22.7 bp −$23	129.5 bp −$1,295	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	5.14 bp	21.3 bp −$21	47.5 bp −$475	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	−0.1923%	1h	6.8250	+0.103%	$94K	$447K	20x	as long as short
Gate ENS_USDTlong	−0.0182%	8h	6.8180	long leg	$450K	$573K	75x
Variational Omni ENS	−0.0101%	8h	6.8126	−0.079%	$112K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0064%	8h	6.8160	−0.029%	$2.4M	$3.5M	20x	as long as short
Bitget ENSUSDTshort	−0.0043%	8h	6.8220	+0.059%	$2.9M	$1.3M	75x
Bybit ENSUSDT	−0.0035%	8h	6.8110	−0.103%	$5.5M	$3.8M	75x	as long as short
Aster ENSUSDT	+0.0043%	8h	6.8270	+0.132%	$13K	$96K	10x	as long as short
BloFin ENS-USDT	+0.0085%	8h	6.8280	+0.147%	$315K	$75K	20x	as long as short
BingX ENS-USDT	+0.0093%	8h	6.8260	+0.117%	—	$3.6M	—	as long as short
MEXC ENS_USDT	+0.0099%	8h	6.8290	+0.161%	$5.6M	$851K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ENSUSDT	+0.0100%	8h	6.8210	+0.044%	$5.6M	$13.7M	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.8250	+0.103%	$1.8M	$138K	50x	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.8090	−0.132%	$24K	$609K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.8275	+0.140%	$1K	$181K	10x	as long as short
Hyperliquid ENS	+0.0248%	1h	6.8396	+0.317%	$3.1M	$410K	5x	as long as short