Funding you earn now, next payment 07:00 UTC−0.0374%/8h= −41.0% APRpaid last 24h −0.035%
Price spread now: Kraken Futures against Gate+0.037%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.878% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.037%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.018% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETC_USDT | 8.7400 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $3.5M | $2.9M | 60x |
| Short | Kraken Futures PF_ETCUSD | 8.7432 | −0.0274 | pay 0.0034% / 1h | 42m 53s | $1.9M | $716K | 50x |
Gate ETC_USDT
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$78.64
- Price spread: +0.037% → +0.026%
- $1.08
- Slippage, 4 orders
- −$62.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$165.33
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Kraken Futures: live order book, 6 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, 5 min ago | 5.14 bp | 25.5 bp −$26 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 10.28 bp | 19.4 bp −$19 | 39.0 bp −$390 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSDshort | −0.0274% | 1h | 8.7432 | +0.037% | $1.9M | $716K | 50x | |
| Deribit ETC_USDC-PERPETUAL | −0.0150% | 1h | 8.7445 | +0.051% | — | — | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7431 | +0.036% | $9K | $25 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7498 | +0.112% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.545% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7502 | +0.117% | $2.5M | $618K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7389 | −0.012% | $978K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7405 | +0.006% | $26.2M | $71.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7340 | −0.069% | $13.0M | $8.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7320 | −0.092% | $8.5M | $18.1M | 50x | as long as short |
Deribit ETC_USDC-PERPETUAL
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 | 8.7400 | long leg | $3.5M | $2.9M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7410 | +0.011% | $6.8M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7440 | +0.046% | $2.8M | $723K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7408 | +0.009% | $9.6M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7450 | +0.057% | — | $20.4M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7280 | −0.138% | $123K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7420 | +0.023% | $188 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7448 | +0.055% | $117K | $309K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7460 | +0.069% | $2.0M | $2.9M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7399 | −0.001% | $11K | $100K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0104% | 1h | 8.7950 | +0.629% | $33K | $22K | 50x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.7400 | 0.000% | $1.4M | $297K | 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
Coinbase International ETC-PERP-INTX
BloFin ETC-USDT