ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.032%

Price spread now: BloFin against Gate+0.180%78s7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as 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−$800.799% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.180%, 7d avg +0.045%

Together, before fees−0.124%−$12 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 0.135% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.045%. The two prices were read 78 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	Gate ENS_USDT	6.6550	0.0083	pay 0.0083% / 8h	1h 05m	$465K	$573K	75x
Short	BloFin ENS-USDT	6.6670	0.0089	get 0.0089% / 8h	1h 05m	$295K	$78K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.180%Rate

Funding earned: $1.34
Price spread: +0.180% → +0.045%: $13.51
Slippage, 4 orders: −$52.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$65.06
Costs to cover: 0.799%
Break-even: 347.9 days

Slippage from Gate: live order book, 35 min ago; BloFin: live order book, 61 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, 35 min ago	6.78 bp	26.1 bp −$26	132.5 bp −$1,325	doesn't fit	doesn't fit
Sell BloFin live order book, 61 min ago	3.75 bp	14.3 bp −$14	26.0 bp −$260	110.1 bp −$11.0K	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	−0.1061%	1h	6.6557	+0.010%	$91K	$365K	20x	as long as short
ApeX Omni ENSUSDT	−0.0258%	1h	6.6580	+0.045%	$24K	$608K	50x	as long as short
OKX ENS-USDT-SWAP	−0.0024%	8h	6.6550	0.000%	$2.3M	$3.4M	20x	as long as short
Gate ENS_USDTlong	+0.0083%	8h	6.6550	long leg	$465K	$573K	75x
BloFin ENS-USDTshort	+0.0089%	8h	6.6670	+0.180%	$295K	$78K	20x
Hyperliquid ENS	+0.0100%	1h	6.6735	+0.278%	$3.0M	$293K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6613	+0.095%	$9K	$105K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6620	+0.105%	$5.1M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6570	+0.030%	$5.4M	$3.3M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6640	+0.135%	$6.9M	$1.0M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ENSUSDTM	+0.0100%	8h	6.6630	+0.120%	$1.8M	$118K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.6600	+0.075%	$2.9M	$1.2M	75x	as long as short
BingX ENS-USDT	+0.0100%	8h	6.6580	+0.045%	—	$7.5M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6588	+0.058%	$108K	$13K	—	as long as short
Extended ENS-USD	+0.0104%	1h	6.6627	+0.116%	$572	$257K	10x	as long as short