Funding you earn now, next payment 05:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: Phemex against gTrade (Gains Network)+0.063%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phemex is 0.063% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ETC/USD | 8.8814 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 30m 47s | — | — | 150x |
| Short | Phemex ETCUSDT | 8.8870 | 0.0100 | get 0.0100% / 8h | 3h 30m | $2.0M | $2.8M | 50x |
gTrade (Gains Network) ETC/USD
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $19.66
- Price spread: +0.063% → 0.000%
- $6.28
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $3.94
- Costs to cover
- 0.220%
- Break-even
- 5.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Phemex: live order book, 3 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 Phemex live order book, 3 min ago | 2.26 bp | 14.3 bp −$14 | 39.7 bp −$397 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0118% | 1h | 8.8836 | +0.024% | $1.9M | $686K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8579 | −0.265% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8902 | +0.099% | $504 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USDlong | L +0.0006% / S −0.0006% | 1h | 8.8814 | long leg | — | — | 150x | |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.072% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8842 | +0.031% | $2.5M | $601K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8693 | −0.136% | $993K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8744 | −0.079% | $26.5M | $69.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8730 | −0.095% | $13.0M | $8.1M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8710 | −0.117% | $8.6M | $17.7M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
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 | 8.8780 | −0.039% | $3.6M | $2.7M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8830 | +0.018% | $7.3M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8780 | −0.039% | $2.9M | $660K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8698 | −0.131% | $9.8M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8750 | −0.072% | — | $20.8M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8819 | +0.006% | $125K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8840 | +0.029% | $174 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8847 | +0.037% | $120K | $293K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8870 | +0.063% | $2.0M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8827 | +0.015% | $12K | $93K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0208% | 1h | 8.7360 | −1.637% | $33K | $21K | 50x | as long as short |
| BloFin ETC-USDT | +0.0345% | 8h | 8.8730 | −0.095% | $1.4M | $284K | 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
Extended ETC-USD
Coinbase International ETC-PERP-INTX
BloFin ETC-USDT