Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.043%
Price spread now: BloFin against Gate+0.147%93s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 3 days (all we have)−0.603%−$60 · spread now +0.147%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.108% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETC_USDT | 8.8160 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $3.6M | $2.4M | 60x |
| Short | BloFin ETC-USDT | 8.8290 | 0.0220 | get 0.0220% / 8h | 2h 15m | $1.4M | $217K | 50x |
Gate ETC_USDT
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: +0.147% → +0.039%
- $10.8
- Slippage, 4 orders
- −$51.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.55
- Costs to cover
- 0.785%
- Break-even
- 18.8 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 2 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 Gate live order book, 3 min ago | 4.53 bp | 30.5 bp −$31 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.27 bp | 12.7 bp −$13 | 20.6 bp −$206 | 51.4 bp −$5,143 | 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 | −0.0037% | 1h | 8.7920 | −0.272% | $33 | $77K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0034% | 1h | 8.8138 | −0.025% | $499 | $978 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8183 | +0.026% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8172 | +0.013% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8199 | +0.044% | $2.2M | $424K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8153 | −0.008% | $986K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8130 | −0.034% | $26.3M | $67.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8050 | −0.125% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8100 | −0.068% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDTlong | +0.0100% | 8h | 8.8160 | long leg | $3.6M | $2.4M | 60x |
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
dYdX ETC-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.8110 | −0.057% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8140 | −0.023% | $2.8M | $720K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8157 | −0.003% | $9.8M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8130 | −0.034% | — | $715K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8220 | +0.068% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8130 | −0.034% | $132 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8202 | +0.048% | $133K | $270K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8110 | −0.057% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8119 | −0.047% | $11K | $191K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.8121 | −0.044% | $2.0M | $674K | 50x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.8290 | +0.147% | $1.4M | $217K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.318% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
Coinbase International ETC-PERP-INTX