Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Gate−0.159%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days+0.136%+$14 · spread now −0.159%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.134% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETC_USDT | 8.8280 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $3.6M | $2.4M | 60x |
| Short | Bybit ETCUSDT | 8.8140 | 0.0100 | get 0.0100% / 8h | 2h 19m | $13.0M | $7.3M | 75x |
Gate ETC_USDT
Bybit ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.159% → −0.025%
- −$13.35
- Slippage, 4 orders
- −$77.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$116.49
- Costs to cover
- 1.031%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 5.67 bp | 23.4 bp −$23 | 73.0 bp −$730 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.70 bp | 26.1 bp −$26 | 52.2 bp −$522 | 182.0 bp −$18.2K | 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 | −0.408% | $33 | $77K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0033% | 1h | 8.8284 | +0.005% | $500 | $978 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8342 | +0.070% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8240 | −0.045% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8304 | +0.027% | $2.2M | $424K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8257 | −0.026% | $988K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8210 | −0.079% | $26.3M | $67.6M | 75x | as long as short |
| Bybit ETCUSDTshort | +0.0100% | 8h | 8.8140 | −0.159% | $13.0M | $7.3M | 75x | |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8190 | −0.102% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDTlong | +0.0100% | 8h | 8.8280 | 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
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 | 8.8220 | −0.068% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8270 | −0.011% | $2.8M | $723K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8260 | −0.023% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8190 | −0.102% | — | $20.6M | — | 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 | 8.8260 | −0.023% | $134 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8315 | +0.040% | $133K | $269K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8270 | −0.011% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8229 | −0.058% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0179% | 1h | 8.8337 | +0.065% | $2.0M | $677K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8270 | −0.011% | $1.4M | $217K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.181% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX