Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.112%91s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)+1.065%+$106 · spread now −0.112%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 91 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 | BloFin ETC-USDT | 8.8240 | 0.0220 | pay 0.0220% / 8h | 5h 09m | $1.4M | $247K | 50x |
| Short | Binance ETCUSDT | 8.8141 | 0.0100 | get 0.0100% / 8h | 5h 09m | $26.3M | $68.0M | 75x |
BloFin ETC-USDT
Binance ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$25.2
- Price spread: −0.112% → −0.014%
- −$9.86
- Slippage, 4 orders
- −$19.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$76.51
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: 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 BloFin live order book, 3 min ago | 1.70 bp | 15.1 bp −$15 | 18.6 bp −$186 | 55.7 bp −$5,572 | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.57 bp | 10.2 bp −$10 | 21.3 bp −$213 | 69.6 bp −$6,962 | 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 | −0.0010% | 1h | 8.8303 | +0.072% | $1.9M | $689K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8276 | +0.041% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8323 | +0.094% | $500 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8360 | +0.136% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.578% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8294 | +0.061% | $2.5M | $590K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8279 | +0.044% | $988K | $11K | 10x | as long as short |
| Binance ETCUSDTshort | +0.0100% | 8h | 8.8141 | −0.112% | $26.3M | $68.0M | 75x | |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8130 | −0.125% | $12.9M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8080 | −0.181% | $8.5M | $17.0M | 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
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 | 8.8230 | −0.011% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8150 | −0.102% | $7.4M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8220 | −0.023% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8190 | −0.057% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8150 | −0.102% | — | $709K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8178 | −0.070% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8320 | +0.091% | $180 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8269 | +0.033% | $120K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8310 | +0.079% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8119 | −0.137% | $15K | $96K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0220% | 8h | 8.8240 | long leg | $1.4M | $247K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.8490 | +0.283% | $35K | $20K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX