Funding you earn now, next payment 23:00 UTC−0.0215%/8h= −23.5% APRnext payment −$0.27 per $10,000 · paid last 24h −0.016%
Price spread now: Kraken Futures against dYdX+0.137%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.137% dearer against dYdX than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ETC-USD | 8.8707 | 0 | get 0.0000% / 1h | 46m 02s | $9K | $46 | 10x |
| Short | Kraken Futures PF_ETCUSD | 8.8829 | −0.0215 | pay 0.0027% / 1h | 46m 02s | $2.0M | $674K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$45.13
- Price spread: +0.137% → 0.000%
- $13.74
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$51.38
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 2.82 bp | 19.6 bp −$20 | 36.6 bp −$366 | doesn't fit | doesn't fit |
dYdX: 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 | −0.0215% | 1h | 8.8829 | +0.137% | $2.0M | $674K | 50x | |
| dYdX ETC-USDlong | 0.0000% | 1h | 8.8707 | long leg | $9K | $46 | 10x | |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8812 | +0.118% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8736 | +0.032% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.7920 | −0.887% | $33 | $77K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8899 | +0.216% | $2.2M | $416K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8762 | +0.062% | $993K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8813 | +0.119% | $26.4M | $67.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8750 | +0.048% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8770 | +0.071% | $8.8M | $16.4M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8790 | +0.093% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8800 | +0.105% | $7.5M | $32.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8790 | +0.093% | $2.9M | $725K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8796 | +0.100% | $9.8M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8790 | +0.093% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8337 | −0.417% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8800 | +0.105% | $126 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8715 | +0.009% | $133K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8740 | +0.037% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8708 | 0.000% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8610 | −0.110% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.8970 | +0.296% | $35K | $13K | 50x | as long as short |
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX