ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.024%

Price spread now: OKX against KuCoin−0.150%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1691.688% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 7 days+0.192%+$19 · spread now −0.150%, 7d avg −0.030%

Together, before fees+0.137%+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ENSUSDTM	6.6500	0.0100	pay 0.0100% / 8h	5h 02m	$1.8M	$133K	50x
Short	OKX ENS-USDT-SWAP	6.6400	0.0091	get 0.0091% / 8h	5h 02m	$2.3M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$1.94
Price spread: −0.150% → −0.030%: −$12.01
Slippage, 4 orders: −$146.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$182.74
Costs to cover: 1.688%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; OKX: 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 KuCoin live order book, 4 min ago	8.28 bp	69.4 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.01 bp	20.2 bp −$20	doesn't fit	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	−0.0939%	1h	6.6417	−0.125%	$89K	$416K	20x	as long as short
Gate ENS_USDT	+0.0043%	8h	6.6510	+0.015%	$452K	$564K	75x	as long as short
OKX ENS-USDT-SWAPshort	+0.0091%	8h	6.6400	−0.150%	$2.3M	$3.2M	20x
Hyperliquid ENS	+0.0100%	1h	6.6539	+0.059%	$3.0M	$301K	5x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.6498	−0.002%	$10K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.6480	−0.030%	$5.2M	$13.4M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.6400	−0.150%	$5.3M	$3.6M	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.6480	−0.030%	$5.4M	$732K	75x	as long as short
KuCoin ENSUSDTMlong	+0.0100%	8h	6.6500	long leg	$1.8M	$133K	50x
Bitget ENSUSDT	+0.0100%	8h	6.6430	−0.105%	$2.9M	$1.2M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ENS-USDT	+0.0100%	8h	6.6460	−0.060%	—	$7.8M	—	as long as short
Variational Omni ENS	+0.0100%	8h	6.6357	−0.215%	$106K	$8K	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.6440	−0.090%	$25K	$598K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.6475	−0.037%	$4K	$116K	10x	as long as short
BloFin ENS-USDT	+0.0105%	8h	6.6510	+0.015%	$302K	$73K	20x	as long as short