Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit+0.057%52s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as 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−$640.640% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 3 days (all we have)−0.537%−$54 · spread now +0.057%, 7d avg +0.056%
=The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 52 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 | Bybit ETCUSDT | 8.7790 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $12.9M | $7.3M | 75x |
| Short | BloFin ETC-USDT | 8.7840 | 0.0220 | get 0.0220% / 8h | 2h 00m | $1.4M | $216K | 50x |
Bybit ETCUSDT
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.057% → +0.056%
- $0.14
- Slippage, 4 orders
- −$41.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.67
- Costs to cover
- 0.640%
- Break-even
- 17.7 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 2 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 Bybit live order book, 3 min ago | 2.85 bp | 28.0 bp −$28 | 46.1 bp −$461 | 207.3 bp −$20.7K | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.57 bp | 12.0 bp −$12 | 19.0 bp −$190 | 50.4 bp −$5,036 | 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 | −0.0037% | 1h | 8.7920 | +0.148% | $33 | $77K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0012% | 1h | 8.7847 | +0.065% | $498 | $978 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7860 | +0.080% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7887 | +0.110% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7909 | +0.136% | $2.2M | $424K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7857 | +0.076% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7830 | +0.046% | $26.1M | $67.4M | 75x | as long as short |
| Bybit ETCUSDTlong | +0.0100% | 8h | 8.7790 | long leg | $12.9M | $7.3M | 75x | |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7890 | +0.114% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7840 | +0.057% | $3.6M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance 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 | 8.7810 | +0.023% | $7.7M | $36.9M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7860 | +0.080% | $2.8M | $725K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7859 | +0.079% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7790 | 0.000% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7772 | −0.021% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7860 | +0.080% | $127 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7822 | +0.036% | $132K | $270K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7900 | +0.125% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7819 | +0.034% | $11K | $191K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7900 | +0.125% | $1.9M | $673K | 50x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.7840 | +0.057% | $1.4M | $216K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.740% | $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
Coinbase International ETC-PERP-INTX