ETC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0214%/8h= −23.5% APRnext payment −$0.27 per $10,000 · paid last 24h −0.016%

Price spread now: Kraken Futures against dYdX+0.049%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Kraken Futures is 0.049% dearer against dYdX than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ETC-USD	8.8995	0	get 0.0000% / 1h	34m 20s	$9K	$46	10x
Short	Kraken Futures PF_ETCUSD	8.9038	−0.0214	pay 0.0027% / 1h	34m 20s	$2.0M	$674K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$45.02
Price spread: +0.049% → 0.000%: $4.87
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$60.15
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: 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 dYdX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	5.04 bp	19.7 bp −$20	39.8 bp −$398	doesn't fit	doesn't fit

dYdX: 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_ETCUSDshort	−0.0214%	1h	8.9038	+0.049%	$2.0M	$674K	50x
dYdX ETC-USDlong	0.0000%	1h	8.8995	long leg	$9K	$46	10x
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.8974	−0.023%	$504	$978	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.8890	−0.118%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.7920	−1.208%	$33	$77K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.8892	−0.115%	$2.3M	$429K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.8813	−0.204%	$994K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.8890	−0.118%	$26.6M	$67.9M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.8850	−0.163%	$13.1M	$7.4M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.8940	−0.061%	$8.8M	$16.5M	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	8.8880	−0.129%	$3.6M	$2.4M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.8880	−0.129%	$7.6M	$32.2M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.8830	−0.185%	$2.9M	$731K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.8953	−0.047%	$9.8M	$3.8M	75x	as long as short
BingX ETC-USDC	+0.0100%	8h	8.8850	−0.163%	—	$718K	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.9005	+0.011%	$126K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.8990	−0.005%	$123	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.8819	−0.197%	$133K	$269K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.8980	−0.016%	$2.0M	$2.6M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.8873	−0.137%	$11K	$191K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.9040	+0.051%	$1.4M	$219K	50x	as long as short
Coinbase International ETC-PERP-INTX	+0.0536%	1h	8.9980	+1.107%	$36K	$13K	50x	as long as short