Funding arb · Price arb /

ETC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h −0.001%

Price spread now: Coinbase International against BingX+0.363%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.363% dearer against BingX than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ETC-USDC	8.8120	0.0100	pay 0.0100% / 8h	2h 16m	—	$714K	—
Short	Coinbase International ETC-PERP-INTX	8.8440	0.0632	get 0.0079% / 1h	16m 05s	$35K	$13K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.363%Rate

Funding earned: $111.72
Price spread: +0.363% → 0.000%: $36.31
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $128.03
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: BingX: live order book, 43 min ago; Coinbase International: no order-book sample. Net counts fees only.

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 BingX live order book, 43 min ago	1.71 bp	10.3 bp −$10	48.3 bp −$483	437.1 bp −$43.7K	1003.1 bp −$501.6K
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.227%	$33	$77K	5.5x	as long as short
Deribit ETC_USDC-PERPETUAL	−0.0034%	1h	8.8138	+0.020%	$499	$978	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.8232	+0.127%	$9K	$46	10x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.8172	+0.059%	—	—	150x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.8199	+0.090%	$2.2M	$424K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.8104	−0.018%	$986K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.8130	+0.011%	$26.3M	$67.6M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.8040	−0.091%	$13.0M	$7.3M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.8130	+0.011%	$8.7M	$16.3M	50x	as long as short
Gate ETC_USDT	+0.0100%	8h	8.8170	+0.057%	$3.6M	$2.4M	60x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ETC_USDT	+0.0100%	8h	8.8110	−0.011%	$7.8M	$36.8M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.8190	+0.079%	$2.8M	$720K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.8155	+0.040%	$9.8M	$3.6M	75x	as long as short
BingX ETC-USDClong	+0.0100%	8h	8.8120	long leg	—	$714K	—
Variational Omni ETC	+0.0100%	8h	8.8220	+0.114%	$125K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.8130	+0.011%	$132	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.8202	+0.093%	$133K	$270K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.8110	−0.011%	$2.0M	$2.6M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.8118	−0.002%	$11K	$191K	25x	as long as short
Kraken Futures PF_ETCUSD	+0.0180%	1h	8.8121	+0.002%	$2.0M	$674K	50x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.8290	+0.193%	$1.4M	$217K	50x	as long as short
Coinbase International ETC-PERP-INTXshort	+0.0632%	1h	8.8440	+0.363%	$35K	$13K	50x