Funding you earn now, next payment 01:00 UTC−0.0516%/8h= −56.5% APRpaid last 24h −0.049%
Price spread now: MEXC against Coinbase International−1.442%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 −$15 a day on $10k at the current rate, and MEXC is 1.442% cheaper against Coinbase International than usual: you would sell low and buy high (−$144 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 | 8.9440 | 0.0616 | pay 0.0077% / 1h | 5m 42s | $38K | $16K | 50x |
| Short | MEXC ETC_USDT | 8.8150 | 0.0100 | get 0.0100% / 8h | 6h 05m | $7.1M | $32.8M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$108.36
- Price spread: −1.442% → 0.000%
- −$144.23
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$266.59
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 1.13 bp | 3.1 bp −$3 | 7.0 bp −$70 | 50.3 bp −$5,027 | 100.0 bp −$50.0K |
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 21 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 | −0.0016% | 1h | 8.8228 | −1.355% | $1.9M | $705K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8262 | −1.317% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8205 | −1.381% | $500 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8253 | −1.327% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.771% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8242 | −1.339% | $2.5M | $589K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8217 | −1.368% | $987K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8130 | −1.465% | $26.5M | $69.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8120 | −1.476% | $12.9M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8140 | −1.453% | $8.6M | $17.1M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8210 | −1.375% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.8150 | −1.442% | $7.1M | $32.8M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8270 | −1.308% | $2.9M | $679K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8140 | −1.453% | $9.7M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8140 | −1.453% | — | $705K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8120 | −1.476% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8190 | −1.398% | $161 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8243 | −1.338% | $119K | $301K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8270 | −1.308% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8152 | −1.440% | $14K | $94K | 25x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0616% | 1h | 8.9440 | long leg | $38K | $16K | 50x |
Coinbase International ETC-PERP-INTX
MEXC ETC_USDT
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD