Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against MEXC−0.113%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)−0.216%−$22 · spread now −0.113%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.098% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETC_USDT | 8.8830 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $7.5M | $32.4M | 200x |
| Short | Phemex ETCUSDT | 8.8730 | 0.0100 | get 0.0100% / 8h | 1h 09m | $2.0M | $2.6M | 50x |
MEXC ETC_USDT
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.113% → −0.014%
- −$9.84
- Slippage, 4 orders
- −$21.18
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$47.02
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Phemex: live order book, 4 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, 4 min ago | 1.13 bp | 3.1 bp −$3 | 7.3 bp −$73 | 46.5 bp −$4,648 | 90.7 bp −$45.3K |
| Sell Phemex live order book, 4 min ago | 3.94 bp | 16.6 bp −$17 | 44.3 bp −$443 | 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_ETCUSD | −0.0215% | 1h | 8.8742 | −0.099% | $2.0M | $680K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8828 | −0.003% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8708 | −0.137% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8763 | −0.075% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.090% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8921 | +0.102% | $2.3M | $426K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8724 | −0.119% | $993K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8831 | +0.002% | $26.5M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8790 | −0.045% | $13.1M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8800 | −0.034% | $8.8M | $16.6M | 50x | as long as short |
Kraken Futures PF_ETCUSD
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 | 8.8780 | −0.056% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.8830 | long leg | $7.5M | $32.4M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8810 | −0.023% | $2.9M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8839 | +0.010% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8780 | −0.056% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8723 | −0.120% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8710 | −0.135% | $129 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8660 | −0.191% | $133K | $268K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8730 | −0.113% | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8741 | −0.100% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8770 | −0.068% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 9.0920 | +2.353% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
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