ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against MEXC−0.044%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$420.420% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 3 days (all we have)−0.047%−$5 · spread now −0.044%, 7d avg +0.016%

Together, before fees−0.029%−$3 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 0.061% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENS_USDT	6.7560	0.0100	pay 0.0100% / 8h	7h 50m	$5.5M	$861K	75x
Short	BloFin ENS-USDT	6.7530	0.0104	get 0.0104% / 8h	7h 50m	$312K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0.8
Price spread: −0.044% → +0.016%: −$6.09
Slippage, 4 orders: −$26.05
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$47.34
Costs to cover: 0.420%
Break-even: 422.5 days

Slippage from MEXC: live order book, 7 min ago; BloFin: live order book, 16 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 MEXC live order book, 7 min ago	0.74 bp	7.1 bp −$7	25.3 bp −$253	69.2 bp −$6,920	121.3 bp −$60.7K
Sell BloFin live order book, 16 min ago	1.48 bp	16.2 bp −$16	28.4 bp −$284	102.9 bp −$10.3K	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	−0.1393%	1h	6.7531	−0.043%	$91K	$447K	20x	as long as short
Gate ENS_USDT	−0.0041%	8h	6.7580	+0.030%	$455K	$569K	75x	as long as short
Variational Omni ENS	−0.0032%	8h	6.7490	−0.104%	$111K	$5K	—	as long as short
OKX ENS-USDT-SWAP	−0.0029%	8h	6.7460	−0.148%	$2.4M	$3.5M	20x	as long as short
Bitget ENSUSDT	+0.0023%	8h	6.7590	+0.044%	$2.9M	$1.3M	75x	as long as short
Aster ENSUSDT	+0.0100%	8h	6.7615	+0.081%	$15K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7544	−0.023%	$5.4M	$14.1M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.7450	−0.163%	$5.4M	$3.8M	75x	as long as short
MEXC ENS_USDTlong	+0.0100%	8h	6.7560	long leg	$5.5M	$861K	75x
KuCoin ENSUSDTM	+0.0100%	8h	6.7620	+0.089%	$1.8M	$136K	50x	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	6.7500	−0.089%	—	$8.1M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7790	+0.340%	$25K	$606K	50x	as long as short
BloFin ENS-USDTshort	+0.0104%	8h	6.7530	−0.044%	$312K	$75K	20x
Extended ENS-USD	+0.0104%	1h	6.7542	−0.026%	$2K	$179K	10x	as long as short
Hyperliquid ENS	+0.0282%	1h	6.7630	+0.104%	$3.1M	$393K	5x	as long as short