Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.080%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.080%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETCUSDT | 8.7700 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $26.3M | $70.5M | 75x |
| Short | Bybit ETCUSDT | 8.7630 | 0.0100 | get 0.0100% / 8h | 2h 41m | $12.9M | $7.3M | 75x |
Binance ETCUSDT
Bybit ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.080% → −0.031%
- −$4.9
- Slippage, 4 orders
- −$43.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.7
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Bybit: live order book, 2 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 Binance live order book, 16 min ago | 0.57 bp | 8.9 bp −$9 | 17.2 bp −$172 | 86.2 bp −$8,622 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.57 bp | 22.0 bp −$22 | 48.8 bp −$488 | 182.9 bp −$18.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | +0.251% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7826 | +0.144% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7853 | +0.174% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7732 | +0.037% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7803 | +0.117% | $2.2M | $423K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7713 | +0.014% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDTlong | +0.0100% | 8h | 8.7700 | long leg | $26.3M | $70.5M | 75x | |
| Bybit ETCUSDTshort | +0.0100% | 8h | 8.7630 | −0.080% | $12.9M | $7.3M | 75x | |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7680 | −0.023% | $8.6M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7690 | −0.011% | $3.5M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster 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 | 8.7700 | 0.000% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7720 | +0.023% | $2.8M | $695K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7680 | −0.023% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7670 | −0.034% | — | $711K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7865 | +0.189% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7830 | +0.148% | $155 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7825 | +0.143% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7820 | +0.137% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7751 | +0.058% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7889 | +0.215% | $1.9M | $671K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7870 | +0.194% | $1.5M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.570% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX