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: Phemex against Variational Omni+0.517%7-day average +0.027% · 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)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.766%−$77 · spread now +0.517%, 7d avg +0.027%
=Together, before fees−0.766%+ Points / potential airdropVariational Omni: Active · farm board−$77 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: Phemex is 0.491% dearer against Variational Omni than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.8612 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $125K | $2K | — |
| Short | Phemex ETCUSDT | 8.9070 | 0.0100 | get 0.0100% / 8h | 1h 44m | $2.0M | $2.6M | 50x |
Variational Omni ETC
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.517% → +0.027%
- $49.08
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $37.08
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Phemex: live order book, 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 Variational Omni RFQ quote, 40 min ago | 3.27 bp | doesn't fit | 45.2 bp −$452 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.82 bp | 16.2 bp −$16 | 49.4 bp −$494 | 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 | −0.0214% | 1h | 8.9105 | +0.557% | $2.0M | $673K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9055 | +0.501% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9081 | +0.530% | $505 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9085 | +0.534% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.7920 | −0.780% | $33 | $77K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9200 | +0.664% | $2.3M | $416K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9150 | +0.608% | $998K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9111 | +0.564% | $26.5M | $67.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9070 | +0.517% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9050 | +0.495% | $8.8M | $16.5M | 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 | 8.9110 | +0.562% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9100 | +0.551% | $7.5M | $32.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9150 | +0.608% | $2.9M | $725K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9142 | +0.599% | $9.9M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.9100 | +0.551% | — | $718K | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.8612 | long leg | $125K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9070 | +0.517% | $127 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9065 | +0.512% | $134K | $268K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.9070 | +0.517% | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.9108 | +0.560% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8760 | +0.167% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.9130 | +0.585% | $35K | $13K | 50x | as long as short |
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