Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%

Price spread now: Binance against gTrade (Gains Network)−0.126%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 Binance

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. Binance is 0.126% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.126% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.5 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	8.8402	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	53m 02s	—	—	150x
Short	Binance ETCUSDT	8.8290	0.0100	get 0.0100% / 8h	1h 53m	$26.3M	$67.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.126%Rate

Funding earned: $19.66
Price spread: −0.126% → 0.000%: −$12.64
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$12.98
Costs to cover: 0.200%
Break-even: 11.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: 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 Binance live order book, 4 min ago	0.57 bp	9.0 bp −$9	20.0 bp −$200	77.2 bp −$7,715	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
Kraken Futures PF_ETCUSD	−0.0216%	1h	8.8358	−0.049%	$2.0M	$673K	50x	as long as short
Deribit ETC_USDC-PERPETUAL	−0.0180%	1h	8.8372	−0.034%	$501	$978	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.8467	+0.073%	$9K	$46	10x	as long as short
gTrade (Gains Network) ETC/USDlong	L +0.0006% / S −0.0006%	1h	8.8402	long leg	—	—	150x
Injective ETC/USDC PERP	+0.0033%	1h	8.7920	−0.545%	$33	$77K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.8389	−0.014%	$2.2M	$415K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.8459	+0.065%	$990K	$11K	10x	as long as short
Binance ETCUSDTshort	+0.0100%	8h	8.8290	−0.126%	$26.3M	$67.6M	75x
Bybit ETCUSDT	+0.0100%	8h	8.8280	−0.138%	$13.0M	$7.3M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.8240	−0.183%	$8.7M	$16.4M	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	8.8340	−0.070%	$3.6M	$2.4M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.8340	−0.070%	$7.7M	$32.0M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.8480	+0.089%	$2.8M	$725K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.8340	−0.070%	$9.8M	$3.7M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.8320	−0.092%	—	$20.6M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.8093	−0.350%	$125K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.8340	−0.070%	$126	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.8312	−0.101%	$133K	$270K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.8360	−0.047%	$2.0M	$2.6M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.8371	−0.035%	$11K	$191K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.8390	−0.013%	$1.4M	$218K	50x	as long as short
Coinbase International ETC-PERP-INTX	+0.0536%	1h	8.8440	+0.043%	$35K	$13K	50x	as long as short