Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against MEXC+0.191%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. dYdX is 0.191% dearer against MEXC than usual: you sell high and buy low (spread +0.191% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ETC_USDT	8.7790	0.0100	pay 0.0100% / 8h	5h 39m	$7.4M	$32.7M	200x
Short	dYdX ETC-USD	8.7957	0	get 0.0000% / 1h	39m 05s	$9K	$46	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee dYdXbpOrdersPrice spread, now +0.191%Rate

Funding earned: −$21
Price spread: +0.191% → 0.000%: $19.07
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$15.93
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: MEXC: live order book, 10 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 MEXC live order book, 10 min ago	0.57 bp	2.6 bp −$3	6.5 bp −$65	31.2 bp −$3,123	97.6 bp −$48.8K
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_ETCUSD	−0.0010%	1h	8.7768	−0.025%	$1.9M	$692K	50x	as long as short
dYdX ETC-USDshort	0.0000%	1h	8.7957	+0.191%	$9K	$46	10x
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.7781	−0.010%	$497	—	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.7810	+0.023%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	+1.094%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.7938	+0.169%	$2.5M	$591K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.7820	+0.034%	$983K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.7830	+0.046%	$26.3M	$68.0M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.7760	−0.034%	$12.8M	$7.7M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.7820	+0.034%	$8.5M	$16.9M	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	8.7820	+0.034%	$3.6M	$2.6M	60x	as long as short
MEXC ETC_USDTlong	+0.0100%	8h	8.7790	long leg	$7.4M	$32.7M	200x
KuCoin ETCUSDTM	+0.0100%	8h	8.7860	+0.080%	$2.9M	$643K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.7819	+0.033%	$9.6M	$3.6M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.7820	+0.034%	—	$20.7M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.7903	+0.129%	$123K	$3K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.7790	0.000%	$169	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.7929	+0.158%	$119K	$292K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.7810	+0.023%	$2.0M	$2.7M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.7771	−0.021%	$11K	$93K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.8010	+0.251%	$1.4M	$192K	50x	as long as short
Coinbase International ETC-PERP-INTX	+0.1048%	1h	8.9440	+1.879%	$38K	$16K	50x	as long as short