ETC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h −0.018%

Price spread now: Kraken Futures against Deribit−0.045%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Kraken Futures

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Kraken Futures is 0.045% cheaper against Deribit than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ETC_USDC-PERPETUAL	8.7893	0	get 0.0000% / 1h	29m 39s	$498	$978	50x
Short	Kraken Futures PF_ETCUSD	8.7854	0.0180	get 0.0023% / 1h	29m 39s	$1.9M	$674K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Kraken FuturesbpOrdersPrice spread, now −0.045%Rate

Funding earned: $37.88
Price spread: −0.045% → 0.000%: −$4.46
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $16.43
Costs to cover: 0.170%
Break-even: 4.0 days

Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	3.99 bp	16.2 bp −$16	33.2 bp −$332	doesn't fit	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
Injective ETC/USDC PERP	−0.0037%	1h	8.7920	+0.031%	$33	$77K	5.5x	as long as short
dYdX ETC-USD	0.0000%	1h	8.7871	−0.024%	$9K	$46	10x	as long as short
Deribit ETC_USDC-PERPETUALlong	0.0000%	1h	8.7893	long leg	$498	$978	50x
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.7881	−0.013%	—	—	150x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.7921	+0.032%	$2.2M	$423K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.7905	+0.014%	$984K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.7870	−0.026%	$26.3M	$70.5M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.7830	−0.072%	$12.9M	$7.3M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.7840	−0.060%	$8.7M	$16.2M	50x	as long as short
Gate ETC_USDT	+0.0100%	8h	8.7870	−0.026%	$3.5M	$2.4M	60x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ETC_USDT	+0.0100%	8h	8.7860	−0.038%	$7.8M	$36.8M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.7880	−0.015%	$2.8M	$723K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.7837	−0.064%	$9.6M	$3.6M	75x	as long as short
BingX ETC-USDC	+0.0100%	8h	8.7870	−0.026%	—	$712K	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.7771	−0.139%	$124K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.7850	−0.049%	$143	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.7865	−0.032%	$131K	$273K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.7920	+0.031%	$2.0M	$2.6M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.7884	−0.010%	$4K	$181K	25x	as long as short
Kraken Futures PF_ETCUSDshort	+0.0180%	1h	8.7854	−0.045%	$1.9M	$674K	50x
BloFin ETC-USDT	+0.0220%	8h	8.7760	−0.151%	$1.4M	$215K	50x	as long as short
Coinbase International ETC-PERP-INTX	+0.0632%	1h	8.8200	+0.349%	$35K	$13K	50x	as long as short