Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX−0.124%73s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.455% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now −0.124%, 7d avg +0.035%
=Funding pays, the price is against you. BloFin is 0.158% cheaper against OKX than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of +0.035%). If the spread goes back, that is −$16 on $10k: about 4.4 days of funding at the current rate (+$4 a day). The two prices were read 73 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 | OKX ETC-USDT-SWAP | 8.9000 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $8.8M | $17.0M | 50x |
| Short | BloFin ETC-USDT | 8.8890 | 0.0220 | get 0.0220% / 8h | 7h 39m | $1.4M | $217K | 50x |
OKX ETC-USDT-SWAP
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: −0.124% → +0.035%
- −$15.83
- Slippage, 4 orders
- −$23.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.11
- Costs to cover
- 0.455%
- Break-even
- 17.0 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 3 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 OKX live order book, 3 min ago | 0.56 bp | 11.6 bp −$12 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 4.49 bp | 11.8 bp −$12 | 24.6 bp −$246 | 63.5 bp −$6,350 | 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 | −0.0194% | 1h | 8.9045 | +0.050% | $2.0M | $719K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0031% | 1h | 8.8967 | −0.037% | $504 | $490 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8981 | −0.022% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8993 | −0.008% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.281% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9160 | +0.180% | $2.5M | $584K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8990 | −0.011% | $996K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9030 | +0.034% | $26.6M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9000 | 0.000% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAPlong | +0.0100% | 8h | 8.9000 | long leg | $8.8M | $17.0M | 50x |
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.9030 | +0.034% | $3.7M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9010 | +0.011% | $7.7M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9040 | +0.045% | $2.9M | $709K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9040 | +0.045% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8990 | −0.011% | — | $708K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8911 | −0.100% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8990 | −0.011% | $145 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8962 | −0.043% | $121K | $295K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9000 | 0.000% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9008 | +0.010% | $12K | $187K | 25x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.8890 | −0.124% | $1.4M | $217K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.528% | $35K | $14K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX