Funding you earn now, next payment 08:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h +0.063%
Price spread now: BloFin against Deribit+0.226%57s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.226% dearer against Deribit than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETC_USDC-PERPETUAL | 8.7722 | 0 | get 0.0000% / 1h | 45m 32s | — | — | 50x |
| Short | BloFin ETC-USDT | 8.7920 | 0.0400 | get 0.0400% / 8h | 45m 32s | $1.4M | $299K | 50x |
Deribit ETC_USDC-PERPETUAL
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $84
- Price spread: +0.226% → 0.000%
- $22.57
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $87.57
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; BloFin: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 1.14 bp | 9.8 bp −$10 | 18.5 bp −$185 | 55.5 bp −$5,549 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0168% | 1h | 8.7771 | +0.056% | $1.9M | $731K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7814 | +0.105% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUALlong | 0.0000% | 1h | 8.7722 | long leg | — | — | 50x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7751 | +0.033% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.172% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7798 | +0.087% | $2.5M | $611K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7678 | −0.050% | $981K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7690 | −0.036% | $26.3M | $71.3M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7660 | −0.071% | $13.1M | $8.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7730 | +0.009% | $8.5M | $17.7M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
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 | 8.7740 | +0.021% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7700 | −0.025% | $6.9M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7730 | +0.009% | $2.8M | $709K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7690 | −0.036% | $9.7M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7690 | −0.036% | — | $707K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7688 | −0.039% | $124K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7730 | +0.009% | $209 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7823 | +0.115% | $118K | $307K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7780 | +0.066% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7626 | −0.110% | $16K | $214K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0392% | 1h | 8.7950 | +0.260% | $33K | $22K | 50x | as long as short |
| BloFin ETC-USDTshort | +0.0400% | 8h | 8.7920 | +0.226% | $1.4M | $299K | 50x |
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
Coinbase International ETC-PERP-INTX