Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Hyperliquid−0.232%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.232%, 7d avg −0.073%
=Together, before fees+0.142%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.158% cheaper against Hyperliquid than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.9112 | 0.0100 | pay 0.0013% / 1h | 24m 30s | $2.3M | $425K | 5x |
| Short | Extended ETC-USD | 8.8906 | 0.0104 | get 0.0013% / 1h | 24m 30s | $11K | $191K | 25x |
Hyperliquid ETC
Extended ETC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- $0.84
- Price spread: −0.232% → −0.073%
- −$15.82
- Slippage, 4 orders
- −$36.77
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$65.75
- Costs to cover
- 0.508%
- Break-even
- 554.9 days
Slippage from Hyperliquid: live order book, 6 min ago; Extended: live order book, 57 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 Hyperliquid live order book, 6 min ago | 2.75 bp | 15.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 1.30 bp | 9.0 bp −$9 | 106.0 bp −$1,060 | 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_ETCUSD | −0.0215% | 1h | 8.8958 | −0.173% | $2.0M | $677K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8914 | −0.222% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8898 | −0.240% | $504 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8897 | −0.241% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.406% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.9112 | long leg | $2.3M | $425K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8880 | −0.260% | $995K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8919 | −0.216% | $26.6M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8900 | −0.238% | $13.1M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8880 | −0.260% | $8.8M | $16.5M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
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_USDT | +0.0100% | 8h | 8.8870 | −0.272% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8910 | −0.227% | $7.5M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8880 | −0.260% | $2.9M | $731K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8891 | −0.248% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8880 | −0.260% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8754 | −0.402% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8890 | −0.249% | $120 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8845 | −0.300% | $133K | $267K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8890 | −0.249% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USDshort | +0.0104% | 1h | 8.8906 | −0.232% | $11K | $191K | 25x | |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8880 | −0.260% | $1.5M | $219K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.9980 | +0.974% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX