Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Phemex against Extended+0.109%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)−0.308%−$31 · spread now +0.109%, 7d avg +0.015%
=Together, before fees−0.248%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.095% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETC-USD | 8.8683 | 0.0104 | pay 0.0013% / 1h | 27m 29s | $11K | $191K | 25x |
| Short | Phemex ETCUSDT | 8.8780 | 0.0100 | get 0.0100% / 8h | 27m 29s | $2.0M | $2.7M | 50x |
Extended ETC-USD
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- −$0.84
- Price spread: +0.109% → +0.015%
- $9.45
- Slippage, 4 orders
- −$31.04
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$39.42
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Extended: live order book, 49 min ago; Phemex: live order book, 1 min ago.
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 Extended live order book, 49 min ago | 1.13 bp | 8.5 bp −$8 | 97.3 bp −$973 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 2.25 bp | 14.2 bp −$14 | 42.7 bp −$427 | doesn't fit | doesn't fit |
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 | −0.0293% | 1h | 8.8750 | +0.075% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0193% | 1h | 8.8738 | +0.062% | $2.0M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8729 | +0.052% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8806 | +0.139% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8840 | +0.177% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8849 | +0.187% | $2.3M | $441K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8687 | +0.005% | $992K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8730 | +0.053% | $26.5M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8660 | −0.026% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8680 | −0.004% | $8.8M | $16.8M | 50x | as long as short |
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.8700 | +0.019% | $3.5M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8700 | +0.019% | $7.6M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8770 | +0.098% | $2.9M | $723K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8724 | +0.046% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8690 | +0.008% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8820 | +0.154% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8780 | +0.109% | $134 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8775 | +0.104% | $121K | $298K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8780 | +0.109% | $2.0M | $2.7M | 50x | |
| Extended ETC-USDlong | +0.0104% | 1h | 8.8683 | long leg | $11K | $191K | 25x | |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8840 | +0.177% | $1.5M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9830 | +1.293% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX