Funding you earn now, next payment 22:00 UTC−0.0503%/8h= −55.0% APRnext payment −$0.63 per $10,000 · paid last 24h −0.027%
Price spread now: Injective against Coinbase International−1.963%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$15 a day on $10k at the current rate, and Injective is 1.963% cheaper against Coinbase International than usual: you would sell low and buy high (−$196 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 | 8.9680 | 0.0536 | pay 0.0067% / 1h | 40m 36s | $36K | $13K | 50x |
| Short | Injective ETC/USDC PERP | 8.7920 | 0.0033 | get 0.0004% / 1h | 40m 36s | $33 | $77K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$105.56
- Price spread: −1.963% → 0.000%
- −$196.25
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$311.83
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Coinbase International and Injective: 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 | −0.0213% | 1h | 8.9571 | −0.121% | $2.0M | $674K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9601 | −0.088% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9535 | −0.162% | $507 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9543 | −0.153% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.7920 | −1.963% | $33 | $77K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.9687 | +0.008% | $2.3M | $429K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9598 | −0.092% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9600 | −0.089% | $26.8M | $67.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9500 | −0.201% | $13.2M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9550 | −0.145% | $8.9M | $16.6M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.9590 | −0.100% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9560 | −0.134% | $7.6M | $32.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9620 | −0.067% | $2.9M | $727K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9587 | −0.104% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.9590 | −0.100% | — | $717K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8612 | −1.191% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9530 | −0.167% | $124 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9571 | −0.122% | $135K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9560 | −0.134% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9602 | −0.087% | $12K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9590 | −0.100% | $1.4M | $220K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0536% | 1h | 8.9680 | long leg | $36K | $13K | 50x |
Coinbase International ETC-PERP-INTX
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT