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: Aster against Phemex+0.067%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3303.303% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now +0.067%, 7d avg −0.012%
=Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.079% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.9310 | 0.0100 | pay 0.0100% / 8h | 7h 19m | $2.0M | $2.7M | 50x |
| Short | Aster ETCUSDT | 8.9370 | 0.0100 | get 0.0100% / 8h | 7h 19m | $1.0M | $11K | 10x |
Phemex ETCUSDT
Aster ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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: +0.067% → −0.012%
- $7.88
- Slippage, 4 orders
- −$310.29
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$322.4
- Costs to cover
- 3.303%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Aster: live order book, 53 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 Phemex live order book, 4 min ago | 6.71 bp | 23.0 bp −$23 | 70.1 bp −$701 | doesn't fit | doesn't fit |
| Sell Aster live order book, 53 min ago | 7.92 bp | 271.5 bp −$272 | 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_ETCUSD | −0.0193% | 1h | 8.9360 | +0.056% | $2.0M | $713K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9357 | +0.053% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9316 | +0.007% | $506 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9311 | +0.001% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.627% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9436 | +0.141% | $2.5M | $580K | 5x | as long as short |
| Aster ETCUSDTshort | +0.0100% | 8h | 8.9370 | +0.067% | $1.0M | $11K | 10x | |
| Binance ETCUSDT | +0.0100% | 8h | 8.9363 | +0.060% | $26.7M | $68.0M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9300 | −0.011% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9350 | +0.045% | $8.9M | $16.9M | 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
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 | 8.9350 | +0.045% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9390 | +0.090% | $7.8M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9380 | +0.078% | $2.9M | $712K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9353 | +0.048% | $9.9M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.9350 | +0.045% | — | $705K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9215 | −0.106% | $126K | $1K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9320 | +0.011% | $148 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9225 | −0.095% | $122K | $295K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.9310 | long leg | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.9357 | +0.052% | $11K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9280 | −0.034% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.179% | $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