Funding you earn now, next payment 23:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.016%
Price spread now: dYdX against Kraken Futures+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and dYdX is 0.037% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.8891 | −0.0215 | get 0.0027% / 1h | 32m 20s | $2.0M | $674K | 50x |
| Short | dYdX ETC-USD | 8.8924 | 0 | get 0.0000% / 1h | 32m 20s | $9K | $46 | 10x |
Kraken Futures PF_ETCUSD
dYdX ETC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $45.1
- Price spread: +0.037% → 0.000%
- $3.68
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $28.78
- Costs to cover
- 0.200%
- Break-even
- 2.5 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; dYdX: no order-book sample. 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 Kraken Futures live order book, 1 min ago | 6.18 bp | 21.9 bp −$22 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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_ETCUSDlong | −0.0215% | 1h | 8.8891 | long leg | $2.0M | $674K | 50x | |
| dYdX ETC-USDshort | 0.0000% | 1h | 8.8924 | +0.037% | $9K | $46 | 10x | |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8811 | −0.091% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8886 | −0.007% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.7920 | −1.093% | $33 | $77K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8942 | +0.057% | $2.3M | $429K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8853 | −0.044% | $994K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8871 | −0.023% | $26.5M | $68.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8750 | −0.159% | $13.1M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8760 | −0.148% | $8.8M | $16.5M | 50x | as long as short |
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
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 | 8.8900 | +0.010% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8860 | −0.035% | $7.4M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8870 | −0.024% | $2.9M | $730K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8839 | −0.059% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8880 | −0.013% | — | $716K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9005 | +0.127% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8820 | −0.080% | $118 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9001 | +0.123% | $134K | $269K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8930 | +0.043% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8840 | −0.057% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9010 | +0.133% | $1.4M | $219K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.9980 | +1.225% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX