Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.076%

Price spread now: Coinbase International against HTX−0.189%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Coinbase International is 0.189% cheaper against HTX than usual: you would sell low and buy high (spread −0.189% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 22 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ETC-USDT	8.7525	0.0100	pay 0.0100% / 8h	4h 40m	$118K	$293K	75x
Short	Coinbase International ETC-PERP-INTX	8.7360	0.0800	get 0.0100% / 1h	40m 48s	$33K	$21K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.189%Rate

Funding earned: $147
Price spread: −0.189% → 0.000%: −$18.85
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $106.15
Costs to cover: 0.220%
Break-even: 1.9 days

Slippage unknown: HTX: live order book, 16 min ago; Coinbase International: 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 HTX live order book, 16 min ago	9.67 bp	82.5 bp −$83	1487.9 bp −$14.9K	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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_ETCUSD	−0.0227%	1h	8.7560	+0.039%	$1.9M	$686K	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.7525	0.000%	$9K	$71	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.7565	+0.046%	$496	—	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.7497	−0.032%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	+1.400%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.7740	+0.246%	$2.5M	$593K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.7504	−0.024%	$979K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.7660	+0.154%	$26.3M	$68.6M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.7620	+0.109%	$12.7M	$7.8M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.7670	+0.166%	$8.5M	$17.1M	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	8.7670	+0.166%	$3.6M	$2.6M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.7640	+0.131%	$7.4M	$32.9M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.7600	+0.086%	$2.9M	$646K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.7624	+0.113%	$9.7M	$3.7M	75x	as long as short
BingX ETC-USDC	+0.0100%	8h	8.7650	+0.143%	—	$710K	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.7459	−0.076%	$123K	$3K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.7550	+0.029%	$176	$5K	5x	as long as short
HTX ETC-USDTlong	+0.0100%	8h	8.7525	long leg	$118K	$293K	75x
Phemex ETCUSDT	+0.0100%	8h	8.7520	−0.006%	$2.0M	$2.8M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.7614	+0.101%	$11K	$97K	25x	as long as short
BloFin ETC-USDT	+0.0220%	8h	8.7570	+0.051%	$1.4M	$246K	50x	as long as short
Coinbase International ETC-PERP-INTXshort	+0.0800%	1h	8.7360	−0.189%	$33K	$21K	50x