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 BingX+0.112%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.319%−$32 · spread now +0.112%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.109% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETC-USDT | 8.9000 | 0.0100 | pay 0.0100% / 8h | 7h 41m | — | $20.9M | — |
| Short | Phemex ETCUSDT | 8.9100 | 0.0100 | get 0.0100% / 8h | 7h 41m | $2.0M | $2.7M | 50x |
BingX ETC-USDT
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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: +0.112% → +0.004%
- $10.85
- Slippage, 4 orders
- −$33.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$45.12
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Phemex: 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 BingX live order book, 7 min ago | 2.82 bp | 11.5 bp −$11 | 20.9 bp −$209 | 58.3 bp −$5,828 | 201.7 bp −$100.8K |
| Sell Phemex live order book, 2 min ago | 3.94 bp | 15.1 bp −$15 | 51.9 bp −$519 | 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 | 8.9132 | +0.148% | $2.0M | $719K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9046 | +0.052% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9092 | +0.103% | $505 | $490 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9084 | +0.094% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.281% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9089 | +0.100% | $2.5M | $581K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9000 | 0.000% | $996K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9029 | +0.032% | $26.6M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8960 | −0.045% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9010 | +0.011% | $8.8M | $17.0M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.9040 | +0.045% | $3.7M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8960 | −0.045% | $7.7M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9030 | +0.034% | $2.9M | $707K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9011 | +0.012% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDTlong | +0.0100% | 8h | 8.9000 | long leg | — | $20.9M | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.8451 | −0.617% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9110 | +0.124% | $152 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8995 | −0.006% | $122K | $295K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.9100 | +0.112% | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8953 | −0.053% | $12K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8750 | −0.281% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.528% | $35K | $14K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX