Funding you earn now, next payment 16:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.054%
Price spread now: KuCoin against BloFin+0.057%80s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as 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−$650.646% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 4 days (all we have)+0.903%+$90 · spread now +0.057%, 7d avg −0.026%
=The price spread pays, funding is against you. KuCoin is 0.083% dearer against BloFin than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.026%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.152% in total) that is about 3.8 days. The two prices were read 80 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 -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.00 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 | BloFin ETC-USDT | 8.8350 | 0.0400 | pay 0.0400% / 8h | 7h 03m | $1.4M | $299K | 50x |
| Short | KuCoin ETCUSDTM | 8.8400 | 0.0100 | get 0.0100% / 8h | 7h 03m | $2.8M | $731K | 50x |
BloFin ETC-USDT
KuCoin ETCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$63
- Price spread: +0.057% → −0.026%
- $8.27
- Slippage, 4 orders
- −$40.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.37
- Costs to cover
- 0.646%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: 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 BloFin live order book, 4 min ago | 1.13 bp | 12.2 bp −$12 | 15.7 bp −$157 | 43.9 bp −$4,385 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.35 bp | 20.8 bp −$21 | 71.0 bp −$710 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETC-USD | 0.0000% | 1h | 8.8361 | +0.013% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8411 | +0.069% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S 0.0000% | 1h | 8.8431 | +0.091% | $198 | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.453% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0069% | 1h | 8.8459 | +0.123% | $1.9M | $717K | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8524 | +0.197% | $2.5M | $549K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8371 | +0.023% | $989K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8406 | +0.063% | $26.8M | $69.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8360 | +0.011% | $13.2M | $8.9M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8410 | +0.068% | $8.6M | $17.4M | 50x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
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 | 8.8340 | −0.011% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8390 | +0.045% | $6.9M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTMshort | +0.0100% | 8h | 8.8400 | +0.057% | $2.8M | $731K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8410 | +0.068% | $9.8M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8390 | +0.045% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8310 | −0.045% | $124K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8390 | +0.045% | $214 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8248 | −0.115% | $119K | $307K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8400 | +0.057% | $1.9M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8377 | +0.030% | $6K | $224K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0400% | 8h | 8.8350 | long leg | $1.4M | $299K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0504% | 1h | 8.7890 | −0.521% | $33K | $15K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX