Funding you earn now, next payment 09:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h +0.013%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.083%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.083% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.8532 | 0.0069 | pay 0.0009% / 1h | 3m 19s | $1.9M | $718K | 50x |
| Short | gTrade (Gains Network) ETC/USD | 8.8459 | L +0.0006% / S 0.0000% | pay 0.0000% / 1h | 3m 19s | $198 | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$14.58
- Price spread: −0.083% → 0.000%
- −$8.3
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$42.88
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; gTrade (Gains Network): 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, 5 min ago | 5.10 bp | 34.4 bp −$34 | 66.2 bp −$662 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETC-USD | 0.0000% | 1h | 8.8441 | −0.102% | $9K | $25 | 10x | as long as short |
| gTrade (Gains Network) ETC/USDshort | L +0.0006% / S 0.0000% | 1h | 8.8459 | −0.083% | $198 | — | 150x | |
| Deribit ETC_USDC-PERPETUAL | +0.0010% | 1h | 8.8489 | −0.049% | — | — | 50x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.246% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSDlong | +0.0069% | 1h | 8.8532 | long leg | $1.9M | $718K | 50x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.8586 | +0.061% | $2.5M | $549K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8448 | −0.095% | $990K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8480 | −0.059% | $26.8M | $69.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8400 | −0.149% | $13.2M | $8.9M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8450 | −0.093% | $8.6M | $17.4M | 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 | 8.8440 | −0.104% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8490 | −0.048% | $6.9M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8480 | −0.059% | $2.8M | $731K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8461 | −0.080% | $9.8M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8440 | −0.104% | — | $704K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8310 | −0.250% | $124K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8460 | −0.082% | $212 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8475 | −0.065% | $120K | $307K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8490 | −0.048% | $1.9M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8457 | −0.085% | $6K | $224K | 25x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.8510 | −0.025% | $1.4M | $299K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0504% | 1h | 8.7890 | −0.725% | $33K | $15K | 50x | as long as short |
Kraken Futures PF_ETCUSD
gTrade (Gains Network) ETC/USD
Deribit ETC_USDC-PERPETUAL
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
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