Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: MEXC against Injective−0.608%70s7-day average +0.334% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)+1.203%+$120 · spread now −0.608%, 7d avg +0.334%
=Funding pays, the price is against you. MEXC is 0.943% cheaper against Injective than usual: you would sell low and buy high (spread −0.608% now, against its 7-day average of +0.334%). If the spread goes back, that is −$94 on $10k: about 47 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 | 6m 13s | $34 | $102K | 5.5x |
| Short | MEXC ETC_USDT | 8.8210 | 0.0100 | get 0.0100% / 8h | 6h 06m | $7.1M | $32.8M | 200x |
Injective ETC/USDC PERP
MEXC ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.608% → +0.334%
- −$94.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$84.31
- Costs to cover
- 0.040%
- Break-even
- 49.2 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 1.13 bp | 3.1 bp −$3 | 7.0 bp −$70 | 50.3 bp −$5,027 | 100.0 bp −$50.0K |
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 21 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 | 8.8228 | −0.588% | $1.9M | $705K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8262 | −0.550% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8205 | −0.614% | $500 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8253 | −0.560% | — | — | 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 | 8.8318 | −0.487% | $2.5M | $589K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8244 | −0.570% | $987K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8206 | −0.613% | $26.5M | $69.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8170 | −0.654% | $12.9M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8110 | −0.721% | $8.6M | $17.1M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8240 | −0.575% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.8210 | −0.608% | $7.1M | $32.8M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8270 | −0.541% | $2.9M | $683K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8180 | −0.642% | $9.7M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8200 | −0.620% | — | $20.8M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8310 | −0.496% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8190 | −0.631% | $161 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8243 | −0.571% | $119K | $301K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8270 | −0.541% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8205 | −0.614% | $14K | $94K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0616% | 1h | 8.9440 | +0.777% | $38K | $16K | 50x | as long as short |
Gate 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