Funding you earn now, next payment 21:00 UTC−0.0632%/8h= −69.2% APRnext payment −$0.79 per $10,000 · paid last 24h −0.015%
Price spread now: Deribit against Coinbase International−0.533%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$19 a day on $10k at the current rate, and Deribit is 0.533% cheaper against Coinbase International than usual: you would sell low and buy high (−$53 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 | 8.8200 | 0.0632 | pay 0.0079% / 1h | 55m 37s | $35K | $13K | 50x |
| Short | Deribit ETC_USDC-PERPETUAL | 8.7730 | 0 | get 0.0000% / 1h | 55m 37s | $497 | $978 | 50x |
Coinbase International ETC-PERP-INTX
Deribit ETC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$132.72
- Price spread: −0.533% → 0.000%
- −$53.29
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$203.01
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
Coinbase International and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.317% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7800 | −0.454% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUALshort | 0.0000% | 1h | 8.7730 | −0.533% | $497 | $978 | 50x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7708 | −0.557% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7861 | −0.384% | $2.2M | $426K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7797 | −0.457% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7898 | −0.343% | $26.3M | $67.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7830 | −0.420% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7840 | −0.408% | $8.6M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7840 | −0.408% | $3.5M | $2.3M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
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 | 8.7800 | −0.454% | $7.3M | $32.2M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7760 | −0.499% | $2.8M | $824K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7795 | −0.459% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7840 | −0.408% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7695 | −0.573% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7730 | −0.533% | $148 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7646 | −0.628% | $131K | $274K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7800 | −0.454% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7800 | −0.453% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7814 | −0.437% | $1.9M | $664K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7760 | −0.499% | $1.4M | $212K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0632% | 1h | 8.8200 | long leg | $35K | $13K | 50x |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT