ENS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h +0.027%

Price spread now: BloFin against OKX+0.178%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)−0.225%−$23 · spread now +0.178%, 7d avg +0.070%

Together, before fees−0.190%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.108% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ENS-USDT-SWAP	6.7390	0.0048	pay 0.0048% / 8h	7h 05m	$2.4M	$3.3M	20x
Short	BloFin ENS-USDT	6.7510	0.0116	get 0.0116% / 8h	7h 05m	$311K	$76K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.178%Rate

Funding earned: $14.25
Price spread: +0.178% → +0.070%: $10.79
Slippage, 4 orders: −$40.93
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$37.89
Costs to cover: 0.629%
Break-even: 25.6 days

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 62 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 OKX live order book, 2 min ago	0.74 bp	17.9 bp −$18	88.8 bp −$888	doesn't fit	doesn't fit
Sell BloFin live order book, 62 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	6.7504	+0.168%	$91K	$440K	20x	as long as short
OKX ENS-USDT-SWAPlong	+0.0048%	8h	6.7390	long leg	$2.4M	$3.3M	20x
Variational Omni ENS	+0.0048%	8h	6.7408	+0.026%	$111K	$5K	—	as long as short
Aster ENSUSDT	+0.0100%	8h	6.7600	+0.312%	$15K	$103K	10x	as long as short
Binance ENSUSDT	+0.0100%	8h	6.7570	+0.267%	$5.4M	$13.5M	75x	as long as short
Bybit ENSUSDT	+0.0100%	8h	6.7410	+0.030%	$5.4M	$3.7M	75x	as long as short
Gate ENS_USDT	+0.0100%	8h	6.7620	+0.341%	$464K	$576K	75x	as long as short
MEXC ENS_USDT	+0.0100%	8h	6.7400	+0.015%	$5.5M	$864K	75x	as long as short
KuCoin ENSUSDTM	+0.0100%	8h	6.7500	+0.163%	$1.8M	$129K	50x	as long as short
Bitget ENSUSDT	+0.0100%	8h	6.7430	+0.059%	$3.0M	$1.3M	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	6.7450	+0.089%	—	$7.8M	—	as long as short
ApeX Omni ENSUSDT	+0.0100%	1h	6.7960	+0.846%	$25K	$604K	50x	as long as short
Extended ENS-USD	+0.0104%	1h	6.7527	+0.204%	$4K	$107K	10x	as long as short
BloFin ENS-USDTshort	+0.0116%	8h	6.7510	+0.178%	$311K	$76K	20x
Hyperliquid ENS	+0.0372%	1h	6.7599	+0.310%	$3.1M	$348K	5x	as long as short