ETC

Alert

Funding spread now, next payment 19:00 UTC+0.0416%/8h

next payment, per $10,000+$0.52paid, last 24h−0.019%paid, last 3 days+0.096%to open and closeno order book

Long on gTrade (Gains Network)Short on Kraken Futures

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.096% in total (about 12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.52 per $10,000. 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	gTrade (Gains Network) ETC/USD	8.8982	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	49m 39s	$14K	—	150x
Short	Kraken Futures PF_ETCUSD	8.8978	0.0423	get 0.0053% / 1h	49m 39s	$1.9M	$617K	50x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Kraken FuturesbpOrdersRate

Funding earned: $87.42
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $67.42
Break-even: 1.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.004%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 5 min ago	5.62 bp	27.5 bp −$28	53.5 bp −$535	doesn't fit	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX ETC-USD	0.0000%	1h	$9K	$46	10x	as long as short
gTrade (Gains Network) ETC/USDlong	L +0.0007% / S −0.0006%	1h	$14K	—	150x
Injective ETC/USDC PERP	+0.0033%	1h	$34	$30K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	$2.2M	$485K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	$995K	$10K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	$26.6M	$65.5M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	$13.0M	$7.0M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	$8.8M	$16.4M	50x	as long as short
Gate ETC_USDT	+0.0100%	8h	$3.5M	$2.4M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	$7.0M	$31.8M	200x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin ETCUSDTM	+0.0100%	8h	$2.9M	$860K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	$9.8M	$3.6M	75x	as long as short
BingX ETC-USDC	+0.0100%	8h	—	$714K	—	as long as short
Variational Omni ETC	+0.0100%	8h	$126K	$2K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	$171	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	$128K	$283K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	$2.1M	$2.4M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	$4K	$181K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	$1.5M	$208K	50x	as long as short
Deribit ETC_USDC-PERPETUAL	+0.0323%	1h	$504	$978	50x	as long as short
Kraken Futures PF_ETCUSDshort	+0.0423%	1h	$1.9M	$617K	50x
Coinbase International ETC-PERP-INTX	+0.1136%	1h	$36K	$13K	50x	as long as short