Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin+0.011%109s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as 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−$290.288% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.011%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 109 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 -0.129% in total (about -6.7% 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 | 8.7710 | 0.0400 | pay 0.0400% / 8h | 41m 25s | $1.4M | $298K | 50x |
| Short | MEXC ETC_USDT | 8.7720 | 0.0100 | get 0.0100% / 8h | 41m 25s | $6.9M | $33.1M | 200x |
BloFin ETC-USDT
MEXC ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.011% → −0.008%
- $1.99
- Slippage, 4 orders
- −$12.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$89.85
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 1.14 bp | 11.4 bp −$11 | 16.8 bp −$168 | 41.1 bp −$4,107 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.57 bp | 2.6 bp −$3 | 6.9 bp −$69 | 47.7 bp −$4,766 | 94.1 bp −$47.0K |
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 | −0.0168% | 1h | 8.7821 | +0.127% | $1.9M | $733K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7781 | +0.081% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7818 | +0.123% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7778 | +0.078% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.186% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7844 | +0.153% | $2.5M | $612K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7796 | +0.098% | $982K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7728 | +0.021% | $26.3M | $71.3M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7730 | +0.023% | $13.1M | $8.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7710 | 0.000% | $8.5M | $17.7M | 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 | 8.7720 | +0.011% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.7720 | +0.011% | $6.9M | $33.1M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7780 | +0.080% | $2.8M | $713K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7770 | +0.068% | $9.7M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7730 | +0.023% | — | $23.2M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7688 | −0.025% | $124K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7780 | +0.080% | $215 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7765 | +0.063% | $118K | $307K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7780 | +0.080% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7754 | +0.050% | $16K | $214K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0392% | 1h | 8.7950 | +0.274% | $33K | $22K | 50x | as long as short |
| BloFin ETC-USDTlong | +0.0400% | 8h | 8.7710 | long leg | $1.4M | $298K | 50x |
Gate 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