Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.016%
Price spread now: Injective against Gate+0.624%99s7-day average −0.296% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−1.681%−$168 · spread now +0.624%, 7d avg −0.296%
=The price spread pays, funding is against you. Injective is 0.920% dearer against Gate than usual: you sell high and buy low (spread +0.624% now, against its 7-day average of −0.296%): +$92 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 days. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 99 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 | Gate ETC_USDT | 8.8200 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $3.6M | $2.6M | 60x |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 35m 32s | $34 | $102K | 5.5x |
Gate ETC_USDT
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- −$14
- Price spread: +0.624% → −0.296%
- $91.97
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $62.95
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 2 min ago; Injective: no order-book sample. 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 Gate live order book, 2 min ago | 5.69 bp | 23.3 bp −$23 | 99.5 bp −$995 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | +0.016% | $1.9M | $692K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8107 | −0.106% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8233 | +0.037% | $500 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8176 | −0.027% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | +0.624% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.8243 | +0.049% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8161 | −0.044% | $987K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8223 | +0.026% | $26.4M | $67.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8160 | −0.045% | $12.8M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8280 | +0.091% | $8.6M | $17.0M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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_USDTlong | +0.0100% | 8h | 8.8200 | long leg | $3.6M | $2.6M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8270 | +0.079% | $7.4M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8180 | −0.023% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8174 | −0.029% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8200 | 0.000% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8148 | −0.059% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8240 | +0.045% | $179 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8249 | +0.056% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8190 | −0.011% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8224 | +0.027% | $11K | $93K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7850 | −0.397% | $1.4M | $192K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.9440 | +1.406% | $38K | $16K | 50x | as long as short |
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
Coinbase International ETC-PERP-INTX