Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Variational Omni+0.789%7-day average −0.279% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−1.611%−$161 · spread now +0.789%, 7d avg −0.279%
=Together, before fees−1.666%+ Points / potential airdropVariational Omni: Active · farm board−$167 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 1.068% dearer against Variational Omni than usual: you sell high and buy low (spread +0.789% now, against its 7-day average of −0.279%): +$107 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 53 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.8055 | 0.0100 | pay 0.0100% / 8h | 4h 54m | $123K | $3K | — |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 54m 42s | $34 | $102K | 5.5x |
Variational Omni ETC
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.789% → −0.279%
- $106.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $92.78
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Injective: 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, 4 min ago | 3.28 bp | doesn't fit | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0227% | 1h | 8.7856 | −0.227% | $1.9M | $687K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7911 | −0.164% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7853 | −0.230% | $498 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7895 | −0.183% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | +0.789% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.7918 | −0.156% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7863 | −0.219% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7852 | −0.231% | $26.3M | $68.4M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7810 | −0.279% | $12.8M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7790 | −0.301% | $8.5M | $17.1M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.7930 | −0.142% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7860 | −0.222% | $7.3M | $32.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7910 | −0.165% | $2.9M | $637K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7821 | −0.266% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7850 | −0.233% | — | $709K | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.8055 | long leg | $123K | $3K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7840 | −0.245% | $188 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7865 | −0.216% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7890 | −0.188% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7870 | −0.211% | $15K | $92K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7900 | −0.177% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.8490 | +0.493% | $35K | $20K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX