Funding you earn now, next payment 22:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.083%
Price spread now: Kraken Futures against BloFin+0.118%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.118%, 7d avg −0.006%
=The price spread pays, funding is against you. Kraken Futures is 0.124% dearer against BloFin than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of −0.006%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETC-USDT | 8.8130 | 0.0220 | pay 0.0220% / 8h | 2h 23m | $1.4M | $216K | 50x |
| Short | Kraken Futures PF_ETCUSD | 8.8234 | 0.0180 | get 0.0022% / 1h | 23m 14s | $2.0M | $680K | 50x |
BloFin ETC-USDT
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$8.48
- Price spread: +0.118% → −0.006%
- $12.39
- Slippage, 4 orders
- −$40.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$58.57
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: 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 | 0.57 bp | 11.4 bp −$11 | 15.1 bp −$151 | 45.0 bp −$4,496 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 2.84 bp | 19.3 bp −$19 | 37.3 bp −$373 | 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 | −0.0037% | 1h | 8.7920 | −0.238% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8149 | +0.022% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8240 | +0.125% | $500 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8199 | +0.079% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8265 | +0.153% | $2.2M | $421K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8248 | +0.134% | $988K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8229 | +0.112% | $26.3M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8190 | +0.068% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8180 | +0.057% | $8.7M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8220 | +0.102% | $3.6M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.8270 | +0.159% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8220 | +0.102% | $2.8M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8209 | +0.090% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8230 | +0.113% | — | $712K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8082 | −0.055% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8210 | +0.091% | $137 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8176 | +0.052% | $133K | $275K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8240 | +0.125% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8234 | +0.118% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSDshort | +0.0180% | 1h | 8.8234 | +0.118% | $2.0M | $680K | 50x | |
| BloFin ETC-USDTlong | +0.0220% | 8h | 8.8130 | long leg | $1.4M | $216K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8330 | +0.227% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX