Funding you earn now, next payment 09:00 UTC−0.0367%/8h= −40.2% APRpaid last 24h −0.077%
Price spread now: Injective against BloFin+1.789%7-day average −0.247% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−1.937%−$194 · spread now +1.789%, 7d avg −0.247%
=The price spread pays, funding is against you. Injective is 2.037% dearer against BloFin than usual: you sell high and buy low (spread +1.789% now, against its 7-day average of −0.247%): +$204 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.124% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment. 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 | 8.7190 | 0.0400 | pay 0.0400% / 8h | 7h 32m | $1.4M | $295K | 50x |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 32m 43s | $34 | $102K | 5.5x |
BloFin ETC-USDT
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$77
- Price spread: +1.789% → −0.247%
- $203.65
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $114.63
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 0.57 bp | 11.3 bp −$11 | 16.2 bp −$162 | 47.4 bp −$4,744 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | −0.0327% | 8h | 8.7180 | −0.011% | $3.4M | $2.9M | 60x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7196 | +0.007% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7209 | +0.022% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S 0.0000% | 1h | 8.7243 | +0.061% | $195 | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | +1.789% | $34 | $102K | 5.5x | |
| Kraken Futures PF_ETCUSD | +0.0070% | 1h | 8.7268 | +0.090% | $1.9M | $718K | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7283 | +0.107% | $2.5M | $616K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7169 | −0.024% | $975K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7173 | −0.020% | $26.3M | $71.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7070 | −0.138% | $13.0M | $9.0M | 75x | as long as short |
Gate ETC_USDT
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Kraken Futures PF_ETCUSD
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 | 8.7100 | −0.103% | $8.5M | $17.5M | 50x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7210 | +0.023% | $6.8M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7200 | +0.011% | $2.8M | $735K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7199 | +0.010% | $9.6M | $4.0M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7180 | −0.011% | — | $23.3M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7321 | +0.150% | $123K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7200 | +0.011% | $211 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7225 | +0.040% | $118K | $310K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7220 | +0.034% | $1.9M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7206 | +0.019% | $4K | $218K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0400% | 8h | 8.7190 | long leg | $1.4M | $295K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0504% | 1h | 8.7750 | +0.642% | $33K | $15K | 50x | as long as short |
OKX ETC-USDT-SWAP
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX