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 Phemex+0.433%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 0.433% dearer against Phemex than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.7820 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $2.0M | $2.6M | 50x |
| Short | Coinbase International ETC-PERP-INTX | 8.8200 | 0.0632 | get 0.0079% / 1h | 34m 35s | $35K | $13K | 50x |
Phemex ETCUSDT
Coinbase International ETC-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $111.72
- Price spread: +0.433% → 0.000%
- $43.27
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $132.99
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 4 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 Phemex live order book, 4 min ago | 4.55 bp | 12.5 bp −$12 | 45.2 bp −$452 | 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 | +0.114% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7901 | +0.093% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7879 | +0.067% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7831 | +0.013% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7952 | +0.150% | $2.2M | $422K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7925 | +0.119% | $984K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7944 | +0.141% | $26.3M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7850 | +0.034% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7850 | +0.034% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7880 | +0.068% | $3.5M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow 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 | +0.114% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7890 | +0.080% | $2.8M | $711K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7872 | +0.059% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7890 | +0.080% | — | $713K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7812 | −0.009% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7840 | +0.023% | $148 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7855 | +0.040% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.7820 | long leg | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7933 | +0.128% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7864 | +0.050% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7890 | +0.080% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXshort | +0.0632% | 1h | 8.8200 | +0.433% | $35K | $13K | 50x |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT