Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against BloFin−0.074%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$980.985% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.074%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and HTX is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETC-USDT | 8.7780 | 0.0400 | pay 0.0400% / 8h | 2h 03m | $1.4M | $294K | 50x |
| Short | HTX ETC-USDT | 8.7715 | 0.0100 | get 0.0100% / 8h | 2h 03m | $118K | $308K | 75x |
BloFin ETC-USDT
HTX ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$63
- Price spread: −0.074% → −0.027%
- −$4.68
- Slippage, 4 orders
- −$74.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$166.16
- Costs to cover
- 0.985%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; HTX: live order book, 44 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, 4 min ago | 0.57 bp | 8.2 bp −$8 | 13.4 bp −$134 | 40.3 bp −$4,029 | doesn't fit |
| Sell HTX live order book, 44 min ago | 9.72 bp | 50.3 bp −$50 | 427.0 bp −$4,270 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ETC-PERP-INTX | −0.0456% | 1h | 8.7950 | +0.194% | $33K | $22K | 50x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0201% | 1h | 8.7833 | +0.060% | $1.9M | $708K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7756 | −0.027% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7774 | −0.007% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7752 | −0.032% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.105% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7885 | +0.120% | $2.5M | $618K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7751 | −0.033% | $982K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7810 | +0.034% | $26.3M | $72.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7750 | −0.034% | $13.1M | $8.7M | 75x | as long as short |
Coinbase International ETC-PERP-INTX
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 ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7810 | +0.034% | $8.5M | $18.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7790 | +0.011% | $3.5M | $3.0M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7810 | +0.034% | $6.9M | $33.2M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7810 | +0.034% | $2.8M | $722K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7820 | +0.046% | $9.7M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7820 | +0.046% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7780 | 0.000% | $123K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7790 | +0.011% | $203 | $5K | 5x | as long as short |
| HTX ETC-USDTshort | +0.0100% | 8h | 8.7715 | −0.074% | $118K | $308K | 75x | |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7810 | +0.034% | $2.0M | $2.9M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7711 | −0.079% | $14K | $96K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0400% | 8h | 8.7780 | long leg | $1.4M | $294K | 50x |
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
Phemex ETCUSDT
Extended ETC-USD