ETC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0248%/8h= −27.1% APRnext payment −$0.31 per $10,000 · paid last 24h −0.027%

Price spread now: Kraken Futures against Injective+1.366%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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. Kraken Futures is 1.366% dearer against Injective than usual: you sell high and buy low (spread +1.366% now, against zero (this spread has no 7-day history yet)): +$137 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ETC/USDC PERP	8.7920	0.0033	pay 0.0004% / 1h	36m 54s	$33	$77K	5.5x
Short	Kraken Futures PF_ETCUSD	8.9121	−0.0214	pay 0.0027% / 1h	36m 54s	$2.0M	$674K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +1.366%Rate

Funding earned: −$51.98
Price spread: +1.366% → 0.000%: $136.61
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $74.61
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 2 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 2 min ago	5.04 bp	19.7 bp −$20	39.8 bp −$398	doesn't fit	doesn't fit

Injective: 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_ETCUSDshort	−0.0214%	1h	8.9121	+1.366%	$2.0M	$674K	50x
dYdX ETC-USD	0.0000%	1h	8.9160	+1.410%	$9K	$46	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.9115	+1.359%	$505	$978	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.9186	+1.440%	—	—	150x	as long as short
Injective ETC/USDC PERPlong	+0.0033%	1h	8.7920	long leg	$33	$77K	5.5x
Hyperliquid ETC	+0.0100%	1h	8.9210	+1.467%	$2.3M	$429K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.9093	+1.334%	$997K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.9109	+1.352%	$26.6M	$67.9M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.9040	+1.274%	$13.1M	$7.4M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.9070	+1.308%	$8.8M	$16.6M	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	8.9180	+1.433%	$3.6M	$2.4M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.9110	+1.354%	$7.6M	$32.2M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.9140	+1.388%	$2.9M	$730K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.9158	+1.408%	$9.8M	$3.8M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.9130	+1.376%	—	$20.6M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.9475	+1.768%	$126K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.9120	+1.365%	$129	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.9080	+1.319%	$134K	$268K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.9110	+1.354%	$2.0M	$2.6M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.9091	+1.332%	$12K	$191K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.9180	+1.433%	$1.4M	$219K	50x	as long as short
Coinbase International ETC-PERP-INTX	+0.0536%	1h	8.9980	+2.343%	$36K	$13K	50x	as long as short