Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.8% APRnext payment +$2.44 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.015%115s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.015%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETCUSDT | 8.6587 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $9.5M | $3.9M | 75x |
| Short | BloFin ETC-USDT | 8.6600 | 0.0344 | get 0.0344% / 8h | 2h 39m | $1.4M | $290K | 50x |
Bitget ETCUSDT
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $51.33
- Price spread: +0.015% → +0.033%
- −$1.84
- Slippage, 4 orders
- −$29.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.4
- Costs to cover
- 0.539%
- Break-even
- 7.6 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 3 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 Bitget live order book, 4 min ago | 1.15 bp | 7.7 bp −$8 | 17.6 bp −$176 | 82.2 bp −$8,215 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.15 bp | 18.4 bp −$18 | 24.0 bp −$240 | 51.6 bp −$5,163 | 120.9 bp −$60.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ETC-PERP-INTX | −0.0456% | 1h | 8.7950 | +1.574% | $33K | $22K | 50x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0203% | 1h | 8.6604 | +0.020% | $1.9M | $710K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0142% | 1h | 8.6636 | +0.057% | — | — | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.6471 | −0.134% | $9K | $25 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.6601 | +0.016% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +2.498% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.6622 | +0.040% | $2.4M | $614K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.6502 | −0.098% | $968K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.6620 | +0.038% | $25.9M | $71.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.6600 | +0.015% | $12.6M | $8.4M | 75x | as long as short |
Coinbase International ETC-PERP-INTX
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.6630 | +0.050% | $8.3M | $17.7M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.6550 | −0.043% | $3.4M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.6530 | −0.066% | $6.4M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.6520 | −0.077% | $2.8M | $651K | 50x | as long as short |
| Bitget ETCUSDTlong | +0.0100% | 8h | 8.6587 | long leg | $9.5M | $3.9M | 75x | |
| BingX ETC-USDT | +0.0100% | 8h | 8.6580 | −0.008% | — | $20.8M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.6691 | +0.120% | $122K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.6610 | +0.027% | $180 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.6669 | +0.095% | $117K | $296K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.6640 | +0.061% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.6587 | +0.001% | $11K | $94K | 25x | as long as short |
| BloFin ETC-USDTshort | +0.0344% | 8h | 8.6600 | +0.015% | $1.4M | $290K | 50x |
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD