Funding you earn now, next payment 01:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: Deribit against gTrade (Gains Network)−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.029% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ETC/USD | 8.8993 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 39m 35s | — | — | 150x |
| Short | Deribit ETC_USDC-PERPETUAL | 8.8967 | −0.0031 | pay 0.0004% / 1h | 39m 35s | $504 | $490 | 50x |
gTrade (Gains Network) ETC/USD
Deribit ETC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.83
- Price spread: −0.029% → 0.000%
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$27.76
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0194% | 1h | 8.9045 | +0.058% | $2.0M | $719K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUALshort | −0.0031% | 1h | 8.8967 | −0.029% | $504 | $490 | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.8981 | −0.014% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USDlong | L +0.0006% / S −0.0006% | 1h | 8.8993 | long leg | — | — | 150x | |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.273% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9154 | +0.181% | $2.5M | $580K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8993 | 0.000% | $996K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9035 | +0.047% | $26.6M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8960 | −0.037% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9000 | +0.008% | $8.8M | $17.0M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Injective ETC/USDC PERP
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 | 8.9020 | +0.030% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9020 | +0.030% | $7.7M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9040 | +0.053% | $2.9M | $709K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9037 | +0.049% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9010 | +0.019% | — | $20.9M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8911 | −0.092% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8990 | −0.003% | $145 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8962 | −0.035% | $121K | $295K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9000 | +0.008% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9013 | +0.023% | $12K | $187K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8890 | −0.116% | $1.4M | $217K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.536% | $35K | $14K | 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
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX