Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.043%
Price spread now: Gate against BloFin+0.146%48s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as 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−$730.735% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 3 days (all we have)+0.175%+$17 · spread now +0.146%, 7d avg −0.039%
=The price spread pays, funding is against you. Gate is 0.185% dearer against BloFin than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of −0.039%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.1 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETC-USDT | 8.9330 | 0.0220 | pay 0.0220% / 8h | 58m 22s | $1.4M | $217K | 50x |
| Short | Gate ETC_USDT | 8.9460 | 0.0100 | get 0.0100% / 8h | 58m 22s | $3.6M | $2.4M | 60x |
BloFin ETC-USDT
Gate ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.146% → −0.039%
- $18.48
- Slippage, 4 orders
- −$46.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$80.19
- Costs to cover
- 0.735%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago | 0.56 bp | 12.6 bp −$13 | 17.9 bp −$179 | 55.2 bp −$5,519 | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.80 bp | 21.2 bp −$21 | 54.7 bp −$547 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0293% | 1h | 8.8750 | −0.649% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0191% | 1h | 8.9500 | +0.190% | $2.0M | $683K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9303 | −0.030% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9490 | +0.179% | $507 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9475 | +0.162% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9540 | +0.235% | $2.3M | $428K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9439 | +0.122% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9460 | +0.146% | $26.7M | $68.3M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9430 | +0.112% | $13.2M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9440 | +0.123% | $8.8M | $16.7M | 50x | as long as short |
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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_USDTshort | +0.0100% | 8h | 8.9460 | +0.146% | $3.6M | $2.4M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9490 | +0.179% | $7.3M | $32.2M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9500 | +0.190% | $2.9M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9502 | +0.193% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9470 | +0.157% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9173 | −0.176% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9450 | +0.134% | $126 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9277 | −0.059% | $134K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9280 | −0.056% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9441 | +0.124% | $12K | $191K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0220% | 8h | 8.9330 | long leg | $1.4M | $217K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9630 | +0.336% | $36K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX