Funding you earn now, next payment 06:00 UTC−0.0378%/8h= −41.4% APRnext payment −$0.47 per $10,000 · paid last 24h −0.115%
Price spread now: Kraken Futures against Coinbase International−0.406%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.406% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ETC-PERP-INTX | 8.7950 | 0.0104 | pay 0.0013% / 1h | 44m 51s | $33K | $22K | 50x |
| Short | Kraken Futures PF_ETCUSD | 8.7593 | −0.0274 | pay 0.0034% / 1h | 44m 51s | $1.9M | $716K | 50x |
Coinbase International ETC-PERP-INTX
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- −$79.37
- Price spread: −0.406% → 0.000%
- −$40.62
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$139.99
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 10.28 bp | 19.4 bp −$19 | 39.0 bp −$390 | doesn't fit | doesn't fit |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSDshort | −0.0274% | 1h | 8.7593 | −0.406% | $1.9M | $716K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.7434 | −0.587% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7558 | −0.446% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7567 | −0.435% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.910% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7632 | −0.362% | $2.5M | $617K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7465 | −0.552% | $979K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7525 | −0.483% | $26.3M | $71.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7470 | −0.546% | $13.0M | $8.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7500 | −0.512% | $8.5M | $18.1M | 50x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
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 | 8.7480 | −0.534% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7530 | −0.478% | $6.8M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7510 | −0.500% | $2.8M | $722K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7540 | −0.466% | $9.6M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7480 | −0.534% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7280 | −0.762% | $123K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7550 | −0.455% | $184 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7359 | −0.672% | $117K | $309K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7560 | −0.443% | $2.0M | $2.9M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7516 | −0.493% | $11K | $100K | 25x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0104% | 1h | 8.7950 | long leg | $33K | $22K | 50x | |
| BloFin ETC-USDT | +0.0400% | 8h | 8.7420 | −0.603% | $1.4M | $297K | 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
BloFin ETC-USDT