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 BingX−0.011%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.259%−$26 · spread now −0.011%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETC-USDC | 8.8600 | 0.0100 | pay 0.0100% / 8h | 25m 44s | — | $707K | — |
| Short | Phemex ETCUSDT | 8.8590 | 0.0100 | get 0.0100% / 8h | 25m 44s | $2.0M | $2.7M | 50x |
BingX ETC-USDC
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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: −0.011% → +0.002%
- −$1.33
- Slippage, 4 orders
- −$31.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$54.74
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Phemex: live order book, 3 min ago.
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 BingX live order book, 3 min ago | 1.13 bp | 13.8 bp −$14 | 43.1 bp −$431 | 382.4 bp −$38.2K | 982.0 bp −$491.0K |
| Sell Phemex live order book, 3 min ago | 2.25 bp | 14.2 bp −$14 | 42.7 bp −$427 | 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 | +0.169% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0193% | 1h | 8.8524 | −0.086% | $1.9M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8634 | +0.038% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8575 | −0.028% | $502 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8650 | +0.056% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8667 | +0.076% | $2.3M | $441K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8527 | −0.083% | $991K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8534 | −0.075% | $26.5M | $68.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8440 | −0.181% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8430 | −0.192% | $8.8M | $16.8M | 50x | as long as short |
Injective ETC/USDC PERP
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 | 8.8570 | −0.034% | $3.5M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8520 | −0.090% | $7.6M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8600 | 0.000% | $2.9M | $723K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8566 | −0.038% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDClong | +0.0100% | 8h | 8.8600 | long leg | — | $707K | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.8595 | −0.006% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8540 | −0.068% | $129 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8644 | +0.050% | $121K | $298K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8590 | −0.011% | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8544 | −0.063% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8750 | +0.169% | $1.5M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9830 | +1.388% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX