Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: Deribit against Variational Omni−0.135%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.135% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.9015 | 0.0100 | pay 0.0100% / 8h | 35m 05s | $126K | $2K | — |
| Short | Deribit ETC_USDC-PERPETUAL | 8.8895 | 0 | get 0.0000% / 1h | 35m 05s | $504 | $978 | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- −$21
- Price spread: −0.135% → 0.000%
- −$13.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41.45
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; Deribit: no order-book sample. 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 Variational Omni RFQ quote, 44 min ago | 3.27 bp | doesn't fit | 48.3 bp −$483 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.297% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0193% | 1h | 8.8848 | −0.188% | $2.0M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9042 | +0.031% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUALshort | 0.0000% | 1h | 8.8895 | −0.135% | $504 | $978 | 50x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8987 | −0.032% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8964 | −0.057% | $2.3M | $440K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8916 | −0.111% | $995K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8900 | −0.129% | $26.7M | $68.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8810 | −0.230% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8840 | −0.196% | $8.8M | $16.8M | 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 | 8.8850 | −0.185% | $3.5M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8890 | −0.140% | $7.5M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8920 | −0.106% | $2.9M | $719K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8838 | −0.199% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8820 | −0.219% | — | $20.6M | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.9015 | long leg | $126K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8860 | −0.174% | $128 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8919 | −0.108% | $134K | $270K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8870 | −0.163% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8857 | −0.178% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9160 | +0.163% | $1.5M | $217K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9830 | +0.916% | $36K | $13K | 50x | as long as short |
Variational Omni ETC
Deribit ETC_USDC-PERPETUAL
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
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-USDT
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX