Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Phemex+0.017%48s7-day average +0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.445%+$44 · spread now +0.017%, 7d avg +0.062%
=Together, before fees+0.446%+ Points / potential airdropHyperliquid: Season 2 · farm board+$45 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: Hyperliquid is 0.045% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.062%. The two prices were read 48 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 | Phemex ETCUSDT | 8.8280 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $2.0M | $2.6M | 50x |
| Short | Hyperliquid ETC | 8.8295 | 0.0100 | get 0.0013% / 1h | 17m 22s | $2.2M | $424K | 5x |
Phemex ETCUSDT
Hyperliquid ETCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.017% → +0.062%
- −$4.51
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.51
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Hyperliquid: live order book, 4 min ago. 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, 1 min ago | 2.27 bp | 14.1 bp −$14 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.77 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.408% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8297 | +0.019% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8331 | +0.058% | $500 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8290 | +0.011% | — | — | 150x | as long as short |
| Hyperliquid ETCshort | +0.0100% | 1h | 8.8295 | +0.017% | $2.2M | $424K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8249 | −0.035% | $988K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8260 | −0.023% | $26.4M | $67.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8240 | −0.045% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8240 | −0.045% | $8.7M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8300 | +0.023% | $3.6M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.8250 | −0.034% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8250 | −0.034% | $2.8M | $720K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8260 | −0.023% | $9.8M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8270 | −0.011% | — | $714K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8220 | −0.068% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8300 | +0.023% | $133 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8201 | −0.089% | $133K | $269K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.8280 | long leg | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8229 | −0.057% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.8294 | +0.016% | $2.0M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8290 | +0.011% | $1.4M | $217K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.181% | $35K | $13K | 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
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX