Funding you earn now, next payment 00:00 UTC−0.0572%/8h= −62.6% APRpaid last 24h −0.038%
Price spread now: Bybit against Coinbase International−1.084%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 1.084% cheaper against Coinbase International than usual: you would sell low and buy high (−$108 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ETC-PERP-INTX | 8.9470 | 0.0672 | pay 0.0084% / 1h | 46m 38s | $35K | $14K | 50x |
| Short | Bybit ETCUSDT | 8.8500 | 0.0100 | get 0.0100% / 8h | 7h 46m | $13.0M | $7.3M | 75x |
Coinbase International ETC-PERP-INTX
Bybit ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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
- −$120.12
- Price spread: −1.084% → 0.000%
- −$108.42
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$249.54
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.69 bp | 26.0 bp −$26 | 48.8 bp −$488 | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0195% | 1h | 8.8581 | −0.994% | $1.9M | $726K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8593 | −0.980% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8606 | −0.966% | $502 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8653 | −0.913% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.805% | $34 | $102K | 5.5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8605 | −0.967% | $992K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8570 | −1.006% | $26.5M | $69.2M | 75x | as long as short |
| Bybit ETCUSDTshort | +0.0100% | 8h | 8.8500 | −1.084% | $13.0M | $7.3M | 75x | |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8520 | −1.062% | $8.8M | $17.0M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8620 | −0.950% | $3.6M | $2.5M | 60x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Binance 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 | 8.8590 | −0.984% | $7.8M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8650 | −0.917% | $2.9M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8558 | −1.019% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8570 | −1.006% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8531 | −1.049% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8580 | −0.995% | $145 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8502 | −1.082% | $121K | $300K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8610 | −0.961% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8560 | −1.017% | $12K | $191K | 25x | as long as short |
| Hyperliquid ETC | +0.0115% | 1h | 8.8740 | −0.816% | $2.5M | $578K | 5x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8560 | −1.017% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0672% | 1h | 8.9470 | long leg | $35K | $14K | 50x |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Hyperliquid ETC
BloFin ETC-USDT