Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Phemex−0.246%7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.410%+$41 · spread now −0.246%, 7d avg −0.028%
=Together, before fees+0.410%+ Points / potential airdropVariational Omni: Active · farm board+$41 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: Variational Omni is 0.218% cheaper against Phemex than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.8570 | 0.0100 | pay 0.0100% / 8h | 9m 01s | $2.0M | $2.7M | 50x |
| Short | Variational Omni ETC | 8.8352 | 0.0100 | get 0.0100% / 8h | 9m 01s | $125K | $2K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.246% → −0.028%
- −$21.81
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.81
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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, 5 min ago | 3.39 bp | 14.4 bp −$14 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.84 bp | doesn't fit | 45.7 bp −$457 | 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 | −0.0293% | 1h | 8.8750 | +0.203% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0193% | 1h | 8.8544 | −0.030% | $1.9M | $721K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8499 | −0.080% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8589 | +0.021% | $502 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8604 | +0.038% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8669 | +0.112% | $2.3M | $442K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8548 | −0.025% | $991K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8585 | +0.017% | $26.5M | $69.0M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8520 | −0.056% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8550 | −0.023% | $8.8M | $16.9M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8570 | 0.000% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8600 | +0.034% | $7.8M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8590 | +0.023% | $2.9M | $725K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8590 | +0.023% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8530 | −0.045% | — | $709K | — | as long as short |
| Variational Omni ETCshort | +0.0100% | 8h | 8.8352 | −0.246% | $125K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8560 | −0.011% | $142 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8550 | −0.023% | $121K | $299K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.8570 | long leg | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8567 | −0.003% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8600 | +0.034% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.8490 | −0.090% | $35K | $13K | 50x | as long as short |
Phemex ETCUSDT
Variational Omni ETC
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX