Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against KuCoin+0.069%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.069%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.068% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETCUSDTM | 8.7440 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $2.7M | $732K | 50x |
| Short | Phemex ETCUSDT | 8.7500 | 0.0100 | get 0.0100% / 8h | 7h 52m | $1.9M | $2.8M | 50x |
KuCoin ETCUSDTM
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- $0
- Price spread: +0.069% → +0.001%
- $6.76
- Slippage, 4 orders
- −$54.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$71.64
- Costs to cover
- 0.784%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Phemex: live order book, 6 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 KuCoin live order book, 4 min ago | 7.99 bp | 19.5 bp −$19 | 76.5 bp −$765 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 6.87 bp | 16.3 bp −$16 | 44.1 bp −$441 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETC-USD | 0.0000% | 1h | 8.7465 | +0.028% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7511 | +0.081% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S 0.0000% | 1h | 8.7445 | +0.005% | $196 | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.498% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0070% | 1h | 8.7506 | +0.076% | $1.9M | $722K | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7510 | +0.080% | $2.5M | $615K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7408 | −0.037% | $978K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7481 | +0.046% | $26.3M | $71.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7330 | −0.126% | $13.1M | $9.0M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7460 | +0.023% | $8.5M | $17.7M | 50x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
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 | 8.7440 | 0.000% | $3.4M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7410 | −0.034% | $6.8M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTMlong | +0.0100% | 8h | 8.7440 | long leg | $2.7M | $732K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7439 | −0.001% | $9.6M | $4.0M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7460 | +0.023% | — | $23.2M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7331 | −0.125% | $123K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7470 | +0.034% | $224 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7408 | −0.037% | $118K | $310K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.7500 | +0.069% | $1.9M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7459 | +0.022% | $4K | $222K | 25x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.7390 | −0.057% | $1.4M | $296K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0504% | 1h | 8.7950 | +0.583% | $33K | $15K | 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
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX