Funding you earn now, next payment 03:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.054%
Price spread now: Kraken Futures against MEXC−0.036%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.840%−$84 · spread now −0.036%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.042% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETC_USDT | 8.7930 | 0.0100 | pay 0.0100% / 8h | 5h 37m | $7.4M | $32.7M | 200x |
| Short | Kraken Futures PF_ETCUSD | 8.7898 | −0.0010 | pay 0.0001% / 1h | 37m 16s | $1.9M | $692K | 50x |
MEXC ETC_USDT
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$23.13
- Price spread: −0.036% → +0.006%
- −$4.21
- Slippage, 4 orders
- −$32.74
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$74.09
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 1 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 MEXC live order book, 2 min ago | 0.57 bp | 2.6 bp −$3 | 6.9 bp −$69 | 42.2 bp −$4,219 | 98.6 bp −$49.3K |
| Sell Kraken Futures live order book, 1 min ago | 4.56 bp | 22.8 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSDshort | −0.0010% | 1h | 8.7898 | −0.036% | $1.9M | $692K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.7774 | −0.177% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7934 | +0.005% | $498 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7926 | −0.004% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.933% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8040 | +0.125% | $2.5M | $591K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7794 | −0.155% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7925 | −0.006% | $26.3M | $68.0M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7880 | −0.057% | $12.8M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7940 | +0.011% | $8.5M | $17.0M | 50x | as long as short |
dYdX ETC-USD
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 | 8.7880 | −0.057% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.7930 | long leg | $7.4M | $32.7M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7870 | −0.068% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7910 | −0.023% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7910 | −0.023% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7903 | −0.031% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7930 | 0.000% | $175 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7949 | +0.022% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7930 | 0.000% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7906 | −0.028% | $11K | $93K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8010 | +0.091% | $1.4M | $192K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.9440 | +1.717% | $38K | $16K | 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