Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against MEXC−0.982%70s7-day average −0.343% · 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)−0.073%−$7 on $10k
+Price spread, last 3 days (all we have)+0.535%+$54 · spread now −0.982%, 7d avg −0.343%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.639% cheaper against MEXC than usual: you would sell low and buy high (−$64 if the spread goes back to its 7-day average of −0.343%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETC_USDT | 8.9630 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $7.8M | $32.6M | 200x |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 16m 19s | $34 | $102K | 5.5x |
MEXC ETC_USDT
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- Price spread: −0.982% → −0.343%
- −$63.89
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$81.91
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Injective: 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, 3 min ago | 0.56 bp | 2.6 bp −$3 | 8.2 bp −$82 | 58.6 bp −$5,859 | 106.1 bp −$53.1K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0192% | 1h | 8.9687 | +0.064% | $2.0M | $713K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9586 | −0.049% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9644 | +0.016% | $508 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9620 | −0.011% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | −0.982% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.9706 | +0.085% | $2.5M | $581K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9585 | −0.051% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9690 | +0.067% | $26.9M | $68.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9610 | −0.022% | $13.2M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9660 | +0.033% | $8.9M | $17.1M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.9640 | +0.011% | $3.7M | $2.5M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.9630 | long leg | $7.8M | $32.6M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9680 | +0.056% | $2.9M | $717K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9637 | +0.008% | $10.0M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9590 | −0.045% | — | $20.9M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9521 | −0.121% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9640 | +0.011% | $151 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9625 | −0.006% | $122K | $295K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9680 | +0.056% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9594 | −0.040% | $11K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9520 | −0.123% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9690 | +0.067% | $36K | $14K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
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