Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX+0.048%59s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$940.940% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.048%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.020% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 59 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 | HTX ETC-USDT | 8.7738 | 0.0100 | pay 0.0100% / 8h | 6h 53m | $120K | $294K | 75x |
| Short | BloFin ETC-USDT | 8.7780 | 0.0220 | get 0.0220% / 8h | 6h 53m | $1.4M | $204K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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: +0.048% → +0.028%
- $2
- Slippage, 4 orders
- −$69.99
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.79
- Costs to cover
- 0.940%
- Break-even
- 25.6 days
Slippage from HTX: live order book, 14 min ago; BloFin: live order book, 9 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 HTX live order book, 14 min ago | 20.56 bp | 26.8 bp −$27 | 173.4 bp −$1,734 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.56 bp | 15.1 bp −$15 | 18.2 bp −$182 | 41.4 bp −$4,143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0016% | 1h | 8.8048 | +0.353% | $1.9M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8076 | +0.385% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7932 | +0.221% | $498 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8278 | +0.615% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.153% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8341 | +0.687% | $2.5M | $593K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8049 | +0.354% | $985K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8340 | +0.686% | $26.6M | $69.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8250 | +0.584% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8320 | +0.663% | $8.7M | $17.1M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8250 | +0.584% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8220 | +0.549% | $7.3M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8270 | +0.606% | $2.8M | $692K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8254 | +0.588% | $9.8M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8300 | +0.641% | — | $704K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7556 | −0.207% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8020 | +0.321% | $160 | $5K | 5x | as long as short |
| HTX ETC-USDTlong | +0.0100% | 8h | 8.7738 | long leg | $120K | $294K | 75x | |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7990 | +0.287% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8120 | +0.435% | $11K | $96K | 25x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.7780 | +0.048% | $1.4M | $204K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0616% | 1h | 8.9820 | +2.373% | $39K | $16K | 50x | as long as short |
HTX ETC-USDT
BloFin ETC-USDT
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX