Funding you earn now, next payment 04:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h +0.050%
Price spread now: Bitget against Kraken Futures+0.182%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now +0.182%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.213% dearer against Kraken Futures than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.030%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.8120 | −0.0226 | get 0.0028% / 1h | 3m 35s | $1.9M | $681K | 50x |
| Short | Bitget ETCUSDT | 8.8281 | 0.0100 | get 0.0100% / 8h | 4h 03m | $9.7M | $3.7M | 75x |
Kraken Futures PF_ETCUSD
Bitget ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- $68.44
- Price spread: +0.182% → −0.030%
- $21.29
- Slippage, 4 orders
- −$37.87
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $29.86
- Costs to cover
- 0.599%
- Break-even
- 3.9 days
Slippage from Kraken Futures: live order book, 5 min ago; Bitget: live order book, 5 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 Kraken Futures live order book, 5 min ago | 4.53 bp | 17.1 bp −$17 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.27 bp | 10.4 bp −$10 | 19.8 bp −$198 | 91.4 bp −$9,137 | 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_ETCUSDlong | −0.0226% | 1h | 8.8120 | long leg | $1.9M | $681K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.8208 | +0.099% | $9K | $71 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8051 | −0.078% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.715% | $34 | $102K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | +0.0057% | 1h | 8.8078 | −0.048% | $499 | — | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8296 | +0.199% | $2.5M | $589K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8086 | −0.038% | $986K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8340 | +0.249% | $26.4M | $69.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8260 | +0.159% | $12.9M | $7.9M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8310 | +0.215% | $8.5M | $17.4M | 50x | as long as short |
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
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 | 8.8210 | +0.102% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8210 | +0.102% | $7.1M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8150 | +0.034% | $2.9M | $650K | 50x | as long as short |
| Bitget ETCUSDTshort | +0.0100% | 8h | 8.8281 | +0.182% | $9.7M | $3.7M | 75x | |
| BingX ETC-USDT | +0.0100% | 8h | 8.8200 | +0.091% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7950 | −0.194% | $124K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8120 | 0.000% | $176 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8015 | −0.119% | $119K | $291K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8140 | +0.022% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8234 | +0.129% | $15K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0345% | 8h | 8.7980 | −0.159% | $1.4M | $281K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.7360 | −0.863% | $33K | $21K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX