Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.034%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 3 days (all we have)−0.265%−$26 · spread now +0.034%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.025% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ETC-USDT-SWAP | 8.8850 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $8.8M | $16.9M | 50x |
| Short | Phemex ETCUSDT | 8.8880 | 0.0100 | get 0.0100% / 8h | 7h 39m | $2.0M | $2.7M | 50x |
OKX ETC-USDT-SWAP
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.034% → +0.009%
- $2.48
- Slippage, 4 orders
- −$32.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$51.6
- Costs to cover
- 0.541%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Phemex: live order book, 5 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, 4 min ago | 0.56 bp | 11.6 bp −$12 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.94 bp | 15.1 bp −$15 | 51.9 bp −$519 | 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 | −0.0194% | 1h | 8.8844 | −0.007% | $2.0M | $719K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0009% | 1h | 8.8859 | +0.010% | $503 | $490 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8981 | +0.147% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8947 | +0.109% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.113% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8962 | +0.126% | $2.5M | $580K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8906 | +0.063% | $995K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8860 | +0.011% | $26.6M | $68.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8780 | −0.079% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAPlong | +0.0100% | 8h | 8.8850 | long leg | $8.8M | $16.9M | 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 | 8.8950 | +0.113% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8880 | +0.034% | $7.7M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8960 | +0.124% | $2.9M | $709K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8895 | +0.051% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8860 | +0.011% | — | $708K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8911 | +0.069% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8840 | −0.011% | $146 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8948 | +0.110% | $121K | $295K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8880 | +0.034% | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8943 | +0.104% | $12K | $187K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8990 | +0.158% | $1.4M | $217K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.698% | $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
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX