Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against BloFin−0.372%59s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as 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−$1021.024% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.305%+$31 · spread now −0.372%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.343% cheaper against BloFin than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.029%). Swap the legs. The two prices were read 59 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 | 8.8010 | 0.0220 | pay 0.0220% / 8h | 5h 37m | $1.4M | $192K | 50x |
| Short | HTX ETC-USDT | 8.7683 | 0.0100 | get 0.0100% / 8h | 5h 37m | $119K | $292K | 75x |
BloFin ETC-USDT
HTX ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.372% → −0.029%
- −$34.28
- Slippage, 4 orders
- −$78.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$161.88
- Costs to cover
- 1.024%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 75 min ago; HTX: live order book, 24 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, 75 min ago | 1.70 bp | 10.8 bp −$11 | 20.5 bp −$205 | 49.5 bp −$4,953 | doesn't fit |
| Sell HTX live order book, 24 min ago | 19.45 bp | 28.4 bp −$28 | doesn't fit | 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 | −0.0010% | 1h | 8.7715 | −0.335% | $1.9M | $692K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7774 | −0.268% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7784 | −0.257% | $497 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7800 | −0.239% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.841% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7899 | −0.126% | $2.5M | $591K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7781 | −0.261% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7840 | −0.194% | $26.3M | $68.0M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7820 | −0.216% | $12.8M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7880 | −0.148% | $8.5M | $16.9M | 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 | 8.7800 | −0.239% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7800 | −0.239% | $7.4M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7790 | −0.250% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7834 | −0.200% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7800 | −0.239% | — | $705K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7903 | −0.122% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7740 | −0.307% | $171 | $5K | 5x | as long as short |
| HTX ETC-USDTshort | +0.0100% | 8h | 8.7683 | −0.372% | $119K | $292K | 75x | |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7790 | −0.250% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7815 | −0.221% | $11K | $93K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0220% | 8h | 8.8010 | long leg | $1.4M | $192K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.9440 | +1.625% | $38K | $16K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX