Funding you earn now, next payment 20:00 UTC−0.0067%/8hpaid last 24h −0.018%
Price spread now: Injective against Binance−0.341%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.341% cheaper against Binance than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETCUSDT | 8.7890 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $26.2M | $67.4M | 75x |
| Short | Injective ETC/USDC PERP | 8.7590 | 0.0033 | get 0.0004% / 1h | 6m 31s | $33 | $70K | 5.5x |
Binance ETCUSDT
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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: −0.341% → 0.000%
- −$34.13
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$58.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago | 0.57 bp | 9.4 bp −$9 | 20.3 bp −$203 | 94.9 bp −$9,493 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETC-USD | 0.0000% | 1h | 8.7933 | +0.048% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7959 | +0.079% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7982 | +0.105% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.7590 | −0.341% | $33 | $70K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.7971 | +0.092% | $2.2M | $422K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7839 | −0.058% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDTlong | +0.0100% | 8h | 8.7890 | long leg | $26.2M | $67.4M | 75x | |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7820 | −0.080% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7850 | −0.046% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7880 | −0.011% | $3.5M | $2.4M | 60x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7930 | +0.046% | $7.1M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7880 | −0.011% | $2.8M | $835K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7920 | +0.034% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7840 | −0.057% | — | $21.2M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7875 | −0.018% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7920 | +0.034% | $157 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7965 | +0.085% | $131K | $281K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7970 | +0.091% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7851 | −0.044% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0159% | 1h | 8.7922 | +0.036% | $1.9M | $664K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7960 | +0.080% | $1.5M | $210K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1104% | 1h | 8.8090 | +0.228% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX