Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.028%
Price spread now: Bitget against Deribit−0.067%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. Bitget is 0.067% cheaper against Deribit than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 48 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 | Deribit ETC_USDC-PERPETUAL | 8.8233 | 0 | get 0.0000% / 1h | 35m 31s | $500 | — | 50x |
| Short | Bitget ETCUSDT | 8.8174 | 0.0100 | get 0.0100% / 8h | 5h 35m | $9.7M | $3.6M | 75x |
Deribit ETC_USDC-PERPETUAL
Bitget ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- $21
- Price spread: −0.067% → 0.000%
- −$6.69
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$4.69
- Costs to cover
- 0.190%
- Break-even
- 8.6 days
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 3 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 2.28 bp | 14.1 bp −$14 | 19.5 bp −$195 | 74.3 bp −$7,428 | doesn't fit |
Deribit: 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_ETCUSD | −0.0010% | 1h | 8.8214 | −0.022% | $1.9M | $692K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8107 | −0.143% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUALlong | 0.0000% | 1h | 8.8233 | long leg | $500 | — | 50x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8176 | −0.064% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.586% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8243 | +0.011% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8161 | −0.081% | $987K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8223 | −0.011% | $26.4M | $67.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8160 | −0.083% | $12.8M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8280 | +0.053% | $8.6M | $17.0M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
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 | 8.8200 | −0.037% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8270 | +0.042% | $7.4M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8180 | −0.060% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDTshort | +0.0100% | 8h | 8.8174 | −0.067% | $9.7M | $3.6M | 75x | |
| BingX ETC-USDC | +0.0100% | 8h | 8.8200 | −0.037% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8148 | −0.097% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8240 | +0.008% | $179 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8249 | +0.018% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8190 | −0.049% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8224 | −0.010% | $11K | $93K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7850 | −0.434% | $1.4M | $192K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.9440 | +1.368% | $38K | $16K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX