Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Deribit against Gate+0.060%51s7-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
The price spread pays, funding is against you. Deribit is 0.060% dearer against Gate than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days. The two prices were read 51 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 | 8.7800 | 0.0100 | pay 0.0100% / 8h | 4h 54m | $3.6M | $2.5M | 60x |
| Short | Deribit ETC_USDC-PERPETUAL | 8.7853 | 0 | get 0.0000% / 1h | 54m 23s | $498 | — | 50x |
Gate ETC_USDT
Deribit ETC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.060% → 0.000%
- $6.04
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$36.96
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; 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 Gate live order book, 4 min ago | 5.71 bp | 23.4 bp −$23 | 94.0 bp −$940 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | −0.0227% | 1h | 8.7856 | +0.063% | $1.9M | $687K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7911 | +0.127% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUALshort | 0.0000% | 1h | 8.7853 | +0.060% | $498 | — | 50x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7849 | +0.056% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.082% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7894 | +0.107% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7864 | +0.073% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7820 | +0.023% | $26.3M | $68.4M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7740 | −0.068% | $12.8M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7750 | −0.057% | $8.5M | $17.1M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) 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_USDTlong | +0.0100% | 8h | 8.7800 | long leg | $3.6M | $2.5M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7830 | +0.034% | $7.3M | $32.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7890 | +0.103% | $2.9M | $637K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7760 | −0.046% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7780 | −0.023% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8055 | +0.291% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7840 | +0.046% | $188 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7865 | +0.074% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7890 | +0.103% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7832 | +0.036% | $15K | $92K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7900 | +0.114% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.8490 | +0.786% | $35K | $20K | 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
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX