ENS funding rates and arbitrage
Updated 2026-11-11 22:52 UTC
Best ENS arbitrage after every cost
No ENS pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
ENS funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_ENSUSD | 0.0033% | 1 h | +28.8% | +19.6% | $90.1K | 2026-11-11 23:00 |
| Extended | ENS-USD | 0.0013% | 1 h | +11.4% | +6.1% | $11.1K | 2026-11-11 23:00 |
| BloFin | ENS-USDT | 0.0102% | 8 h | +11.1% | +5.0% | $157.4K | 2026-11-12 00:00 |
| Bybit | ENSUSDT | 0.0100% | 8 h | +10.9% | +9.7% | $2.3M | 2026-11-12 00:00 |
| KuCoin | ENSUSDTM | 0.0100% | 8 h | +10.9% | +5.5% | $521.3K | 2026-11-12 00:00 |
| MEXC | ENS_USDT | 0.0100% | 8 h | +10.9% | +5.1% | $1.1M | 2026-11-12 00:00 |
| WhiteBIT | ENS_PERP | 0.0100% | 8 h | +10.9% | +11.0% | $776.5K | 2026-11-12 00:00 |
| Bitget | ENSUSDT | 0.0100% | 8 h | +10.9% | +11.0% | $2M | 2026-11-12 00:00 |
| OKX | ENS-USDT-SWAP | 0.0100% | 8 h | +10.9% | +7.5% | $1.4M | 2026-11-12 00:00 |
| LBank | ENSUSDT | 0.0100% | 8 h | +10.9% | +9.6% | — | 2026-11-12 00:00 |
| WOO X | PERP_ENS_USDT | 0.0100% | 8 h | +10.9% | +5.1% | $1.6K | 2026-11-12 00:00 |
| Bitunix | ENSUSDT | 0.0100% | 8 h | +10.9% | +5.5% | — | 2026-11-12 00:00 |
| BingX | ENS-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $421.6K | 2026-11-12 00:00 |
| Binance | ENSUSDT | 0.0100% | 8 h | +10.9% | +5.1% | $2.8M | 2026-11-12 00:00 |
| Aster | ENSUSDT | 0.0100% | 8 h | +10.9% | +7.0% | $7.7K | 2026-11-12 00:00 |
| Hyperliquid | ENS | 0.0013% | 1 h | +10.9% | +10.8% | $1.1M | 2026-11-11 23:00 |
| Variational | ENS-PERP | 0.0100% | 8 h | +10.9% | −1.0% | $10.9K | 2026-11-12 00:00 |
| Gate | ENS_USDT | 0.0041% | 8 h | +4.5% | +10.8% | $98.4K | 2026-11-12 00:00 |
| ApeX | ENS-USDT | -0.0028% | 1 h | −24.2% | +3.5% | $20K | 2026-11-11 23:00 |
| Crypto.com | ENSUSD-PERP | -0.0055% | 1 h | −48.6% | +12.2% | $4.5K | 2026-11-11 23:00 |
Borrow ENS to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.07% | — |
| Binance | 2.24% | — |
| Bybit | 2.28% | — |
| OKX | 3.01% | — |
| Gate | 5.05% | $20K |
Cost to enter $10,000 of ENS
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Extended | ENS-USD | 5.0 bp | top of book only |
| MEXC | ENS_USDT | 5.1 bp | top of book only |
| Binance | ENSUSDT | 6.1 bp | top of book only |
| OKX | ENS-USDT-SWAP | 6.1 bp | top of book only |
| BingX | ENS-USDT | 6.1 bp | top of book only |
| BloFin | ENS-USDT | 7.1 bp | top of book only |
| Variational | ENS-PERP | 7.3 bp | top of book only |
| Bitget | ENSUSDT | 8.3 bp | top of book only |
| Bybit | ENSUSDT | 8.9 bp | top of book only |
| Aster | ENSUSDT | 12.0 bp | top of book only |
| Gate | ENS_USDT | 14.4 bp | top of book only |
| Bybit | ENSUSDT (spot) | 14.6 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on ENS
Questions
Is ENS funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no ENS pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest ENS funding rate?
Kraken at +28.8% a year (0.0033% every 1 h); the lowest is Crypto.com at −48.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.