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: KuCoin against Phemex−0.057%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.393%+$39 · spread now −0.057%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.051% 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 −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.7660 | 0.0100 | pay 0.0100% / 8h | 3h 00m | $2.0M | $2.8M | 50x |
| Short | KuCoin ETCUSDTM | 8.7610 | 0.0100 | get 0.0100% / 8h | 3h 00m | $2.8M | $667K | 50x |
Phemex ETCUSDT
KuCoin ETCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.057% → −0.006%
- −$5.15
- Slippage, 4 orders
- −$61.92
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.07
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 1 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, 3 min ago | 4.56 bp | 19.3 bp −$19 | 64.4 bp −$644 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 7.43 bp | 23.1 bp −$23 | 70.4 bp −$704 | 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 | −0.0120% | 1h | 8.7592 | −0.078% | $1.9M | $704K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0081% | 1h | 8.7643 | −0.019% | — | — | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7656 | −0.005% | $9K | $49 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7639 | −0.024% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.243% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7681 | +0.024% | $2.5M | $613K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7631 | −0.033% | $981K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7650 | −0.011% | $26.1M | $70.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7620 | −0.046% | $12.8M | $8.1M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7650 | −0.011% | $8.4M | $17.6M | 50x | as long as short |
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 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 | 8.7680 | +0.023% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7650 | −0.011% | $6.9M | $33.2M | 200x | as long as short |
| KuCoin ETCUSDTMshort | +0.0100% | 8h | 8.7610 | −0.057% | $2.8M | $667K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7612 | −0.055% | $9.6M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7620 | −0.046% | — | $709K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7530 | −0.149% | $124K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7610 | −0.057% | $175 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7660 | 0.000% | $119K | $295K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.7660 | long leg | $2.0M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7647 | −0.015% | $12K | $93K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0208% | 1h | 8.7800 | +0.160% | $33K | $22K | 50x | as long as short |
| BloFin ETC-USDT | +0.0346% | 8h | 8.7510 | −0.171% | $1.4M | $280K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX
BloFin ETC-USDT