Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: KuCoin against Injective−0.890%70s7-day average +0.277% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+1.479%+$148 · spread now −0.890%, 7d avg +0.277%
=Funding pays, the price is against you. KuCoin is 1.167% cheaper against Injective than usual: you would sell low and buy high (spread −0.890% now, against its 7-day average of +0.277%). If the spread goes back, that is −$117 on $10k: about 58 days of funding at the current rate (+$2 a day). The two prices were read 70 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 | Injective ETC/USDC PERP | 8.8750 | 0.0033 | pay 0.0004% / 1h | 10m 04s | $34 | $102K | 5.5x |
| Short | KuCoin ETCUSDTM | 8.7960 | 0.0100 | get 0.0100% / 8h | 3h 10m | $2.8M | $664K | 50x |
Injective ETC/USDC PERP
KuCoin ETCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $14
- Price spread: −0.890% → +0.277%
- −$116.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$114.71
- Costs to cover
- 0.120%
- Break-even
- 64.4 days
Slippage unknown: Injective: no order-book sample; KuCoin: 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 KuCoin live order book, 2 min ago | 7.39 bp | 21.0 bp −$21 | 74.3 bp −$743 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETC_USDC-PERPETUAL | −0.0171% | 1h | 8.7924 | −0.931% | — | — | 50x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0119% | 1h | 8.7918 | −0.937% | $1.9M | $702K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8010 | −0.834% | $9K | $71 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7965 | −0.884% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPlong | +0.0033% | 1h | 8.8750 | long leg | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.7989 | −0.857% | $2.5M | $613K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7859 | −1.004% | $983K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7900 | −0.958% | $26.2M | $70.0M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7880 | −0.980% | $12.8M | $8.1M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7920 | −0.935% | $8.5M | $17.6M | 50x | as long as short |
Deribit ETC_USDC-PERPETUAL
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
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_USDT | +0.0100% | 8h | 8.7870 | −0.992% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7920 | −0.935% | $6.9M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTMshort | +0.0100% | 8h | 8.7960 | −0.890% | $2.8M | $664K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7870 | −0.992% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7870 | −0.992% | — | $20.8M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7849 | −1.015% | $124K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7920 | −0.935% | $179 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7888 | −0.971% | $119K | $294K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7910 | −0.946% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7901 | −0.957% | $12K | $93K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0208% | 1h | 8.7360 | −1.566% | $33K | $21K | 50x | as long as short |
| BloFin ETC-USDT | +0.0345% | 8h | 8.7990 | −0.856% | $1.4M | $282K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
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