Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Aster+0.087%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3213.208% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)−0.236%−$24 · spread now +0.087%, 7d avg +0.012%
=Together, before fees−0.188%+ Points / potential airdropAster: Stage 5 · farm board−$19 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: Phemex is 0.076% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ETCUSDT | 8.8832 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $994K | $11K | 10x |
| Short | Phemex ETCUSDT | 8.8910 | 0.0100 | get 0.0100% / 8h | 7h 43m | $2.0M | $2.7M | 50x |
Aster ETCUSDT
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.087% → +0.012%
- $7.56
- Slippage, 4 orders
- −$300.76
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$313.2
- Costs to cover
- 3.208%
- Break-even
- never at this rate
Slippage from Aster: live order book, 30 min ago; Phemex: 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 Aster live order book, 30 min ago | 7.92 bp | 15.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.95 bp | 15.5 bp −$15 | 47.4 bp −$474 | doesn't fit | doesn't fit |
ETC on 22 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_ETCUSD | −0.0194% | 1h | 8.8921 | +0.100% | $2.0M | $718K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8728 | −0.118% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8908 | +0.085% | $504 | $490 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8883 | +0.057% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.093% | $34 | $102K | 5.5x | as long as short |
| Aster ETCUSDTlong | +0.0100% | 8h | 8.8832 | long leg | $994K | $11K | 10x | |
| Binance ETCUSDT | +0.0100% | 8h | 8.8900 | +0.076% | $26.6M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8850 | +0.020% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8880 | +0.054% | $8.8M | $16.9M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8830 | −0.003% | $3.6M | $2.5M | 60x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.8910 | +0.087% | $7.9M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8860 | +0.031% | $2.9M | $712K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8910 | +0.087% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8870 | +0.042% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8451 | −0.429% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8910 | +0.087% | $148 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8935 | +0.116% | $121K | $295K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8910 | +0.087% | $2.0M | $2.7M | 50x | |
| Hyperliquid ETC | +0.0101% | 1h | 8.8962 | +0.146% | $2.5M | $581K | 5x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8890 | +0.065% | $12K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8750 | −0.093% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.718% | $35K | $14K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Hyperliquid ETC
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX