Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against BloFin−0.011%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 3 days (all we have)+0.923%+$92 · spread now −0.011%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETC-USDT | 8.7860 | 0.0220 | pay 0.0220% / 8h | 2h 49m | $1.4M | $212K | 50x |
| Short | BingX ETC-USDT | 8.7850 | 0.0100 | get 0.0100% / 8h | 2h 49m | — | $20.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$25.2
- Price spread: −0.011% → −0.028%
- $1.62
- Slippage, 4 orders
- −$18.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.91
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 4 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 BloFin live order book, 3 min ago | 4.56 bp | 11.8 bp −$12 | 18.6 bp −$186 | 48.8 bp −$4,884 | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.71 bp | 8.3 bp −$8 | 18.0 bp −$180 | 53.8 bp −$5,376 | 171.1 bp −$85.5K |
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 | +0.068% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7846 | −0.016% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7897 | +0.042% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7903 | +0.049% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7923 | +0.072% | $2.2M | $423K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7867 | +0.008% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7872 | +0.014% | $26.3M | $70.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7830 | −0.034% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7820 | −0.046% | $8.7M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7870 | +0.011% | $3.5M | $2.3M | 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 | 8.7870 | +0.011% | $8.1M | $36.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7850 | −0.011% | $2.8M | $746K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7877 | +0.019% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDTshort | +0.0100% | 8h | 8.7850 | −0.011% | — | $20.6M | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.7735 | −0.142% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7870 | +0.011% | $143 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7887 | +0.031% | $131K | $275K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7880 | +0.023% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7883 | +0.026% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7862 | +0.002% | $1.9M | $670K | 50x | as long as short |
| BloFin ETC-USDTlong | +0.0220% | 8h | 8.7860 | long leg | $1.4M | $212K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.387% | $35K | $13K | 50x | as long as short |
BloFin ETC-USDT
BingX ETC-USDT
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
Coinbase International ETC-PERP-INTX