Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Phemex−0.102%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$840.839% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.576%+$58 · spread now −0.102%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.090% cheaper against Phemex than usual: you would sell low and buy high, −$9 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 | 8.8140 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $2.0M | $2.8M | 50x |
| Short | Gate ETC_USDT | 8.8050 | 0.0100 | get 0.0100% / 8h | 4h 04m | $3.6M | $2.6M | 60x |
Phemex ETCUSDT
Gate ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.102% → −0.012%
- −$8.98
- Slippage, 4 orders
- −$56.87
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$92.85
- Costs to cover
- 0.839%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Gate: live order book, 4 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 | 3.40 bp | 15.5 bp −$16 | 58.2 bp −$582 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.10 bp | 22.7 bp −$23 | 70.3 bp −$703 | 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 | −0.0226% | 1h | 8.8120 | −0.022% | $1.9M | $681K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7948 | −0.218% | $9K | $71 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8051 | −0.101% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.692% | $34 | $102K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | +0.0057% | 1h | 8.8078 | −0.070% | $499 | — | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8111 | −0.033% | $2.5M | $589K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7841 | −0.339% | $983K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8051 | −0.101% | $26.3M | $69.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8010 | −0.147% | $12.8M | $7.9M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8060 | −0.091% | $8.5M | $17.3M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
Hyperliquid ETC
Aster ETCUSDT
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_USDTshort | +0.0100% | 8h | 8.8050 | −0.102% | $3.6M | $2.6M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8030 | −0.125% | $7.1M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7990 | −0.170% | $2.9M | $650K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8041 | −0.112% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7990 | −0.170% | — | $712K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7950 | −0.216% | $124K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8120 | −0.023% | $176 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8015 | −0.142% | $119K | $291K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.8140 | long leg | $2.0M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8023 | −0.132% | $15K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0345% | 8h | 8.7980 | −0.182% | $1.4M | $281K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.7360 | −0.885% | $33K | $21K | 50x | as long as short |
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