Funding arb · Price arb /

ETC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%

Price spread now: Aster against gTrade (Gains Network)−0.141%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.141% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 5.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ETC/USD	8.8604	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	9m 23s	—	—	150x
Short	Aster ETCUSDT	8.8479	0.0100	get 0.0100% / 8h	9m 23s	$990K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.141%Rate

Funding earned: $19.66
Price spread: −0.141% → 0.000%: −$14.08
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$12.42
Costs to cover: 0.180%
Break-even: 11.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	7.92 bp	271.5 bp −$272	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.0293%	1h	8.8750	+0.165%	$34	$102K	5.5x	as long as short
Kraken Futures PF_ETCUSD	−0.0193%	1h	8.8525	−0.090%	$1.9M	$721K	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.8499	−0.118%	$9K	$46	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.8564	−0.045%	$502	$978	50x	as long as short
gTrade (Gains Network) ETC/USDlong	L +0.0006% / S −0.0006%	1h	8.8604	long leg	—	—	150x
Hyperliquid ETC	+0.0100%	1h	8.8646	+0.047%	$2.3M	$442K	5x	as long as short
Aster ETCUSDTshort	+0.0100%	8h	8.8479	−0.141%	$990K	$11K	10x
Binance ETCUSDT	+0.0100%	8h	8.8590	−0.016%	$26.5M	$68.9M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.8530	−0.084%	$13.0M	$7.4M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.8600	−0.005%	$8.8M	$16.9M	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	8.8570	−0.038%	$3.6M	$2.5M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.8590	−0.016%	$7.8M	$32.4M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.8530	−0.084%	$2.9M	$725K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.8611	+0.008%	$9.8M	$3.8M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.8590	−0.016%	—	$20.9M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.8352	−0.284%	$125K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.8550	−0.061%	$144	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.8448	−0.176%	$121K	$299K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.8570	−0.038%	$2.0M	$2.7M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.8481	−0.139%	$11K	$191K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.8480	−0.140%	$1.4M	$215K	50x	as long as short
Coinbase International ETC-PERP-INTX	+0.0800%	1h	8.8490	−0.129%	$35K	$13K	50x	as long as short