Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h −0.001%

Price spread now: Coinbase International against OKX+0.398%55s7-day average — · you sell dearer than you buy

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

Long on OKX Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.398% dearer against OKX than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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	8.7850	0.0100	pay 0.0100% / 8h	2h 46m	$8.7M	$16.2M	50x
Short	Coinbase International ETC-PERP-INTX	8.8200	0.0632	get 0.0079% / 1h	46m 30s	$35K	$13K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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 OKXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.398%Rate

Funding earned: $111.72
Price spread: +0.398% → 0.000%: $39.84
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $131.56
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 min ago; Coinbase International: 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 OKX live order book, 2 min ago	0.57 bp	10.7 bp −$11	34.7 bp −$347	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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
Injective ETC/USDC PERP	−0.0037%	1h	8.7920	+0.080%	$33	$77K	5.5x	as long as short
dYdX ETC-USD	0.0000%	1h	8.7975	+0.142%	$9K	$46	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.7986	+0.155%	$498	$978	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.7962	+0.127%	—	—	150x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.7988	+0.157%	$2.2M	$423K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.7952	+0.116%	$984K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.7917	+0.076%	$26.3M	$70.5M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.7870	+0.023%	$13.0M	$7.3M	75x	as long as short
OKX ETC-USDT-SWAPlong	+0.0100%	8h	8.7850	long leg	$8.7M	$16.2M	50x
Gate ETC_USDT	+0.0100%	8h	8.7950	+0.114%	$3.5M	$2.4M	60x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ETC_USDT	+0.0100%	8h	8.7920	+0.080%	$8.1M	$36.7M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.7930	+0.091%	$2.8M	$746K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.7960	+0.125%	$9.7M	$3.6M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.7920	+0.080%	—	$20.6M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.7735	−0.130%	$124K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.7920	+0.080%	$143	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.7965	+0.131%	$131K	$273K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.7970	+0.137%	$2.0M	$2.6M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.7928	+0.089%	$4K	$181K	25x	as long as short
Kraken Futures PF_ETCUSD	+0.0180%	1h	8.7906	+0.064%	$1.9M	$668K	50x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.7930	+0.091%	$1.4M	$215K	50x	as long as short
Coinbase International ETC-PERP-INTXshort	+0.0632%	1h	8.8200	+0.398%	$35K	$13K	50x