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: MEXC against Phemex+0.269%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.269%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.255% dearer against Phemex than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.9360 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $2.0M | $2.7M | 50x |
| Short | MEXC ETC_USDT | 8.9600 | 0.0100 | get 0.0100% / 8h | 7h 10m | $7.8M | $32.6M | 200x |
Phemex ETCUSDT
MEXC ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.269% → +0.014%
- $25.46
- Slippage, 4 orders
- −$27.78
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$18.32
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; MEXC: live order book, 3 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 | 2.23 bp | 22.2 bp −$22 | 54.0 bp −$540 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.56 bp | 2.6 bp −$3 | 5.8 bp −$58 | 44.1 bp −$4,410 | 93.1 bp −$46.5K |
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 | 8.9399 | +0.044% | $2.0M | $711K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9483 | +0.137% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9389 | +0.032% | $506 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9441 | +0.091% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.683% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9679 | +0.357% | $2.5M | $581K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9425 | +0.073% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9630 | +0.302% | $27.0M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9580 | +0.246% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9600 | +0.269% | $8.9M | $17.1M | 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
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 | 8.9550 | +0.213% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.9600 | +0.269% | $7.8M | $32.6M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9620 | +0.291% | $2.9M | $715K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9622 | +0.293% | $10.0M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9580 | +0.246% | — | $20.9M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9345 | −0.016% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9380 | +0.022% | $151 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9395 | +0.039% | $122K | $296K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.9360 | long leg | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.9611 | +0.280% | $12K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9500 | +0.157% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9830 | +0.526% | $36K | $14K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX