Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%

Price spread now: Deribit against HTX+0.081%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Deribit

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Deribit is 0.081% dearer against HTX than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ETC-USDT	8.8687	0.0100	pay 0.0100% / 8h	6h 21m	$121K	$295K	75x
Short	Deribit ETC_USDC-PERPETUAL	8.8759	0	get 0.0000% / 1h	21m 53s	$503	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.081%Rate

Funding earned: −$21
Price spread: +0.081% → 0.000%: $8.12
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$31.88
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 45 min ago; Deribit: 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, 45 min ago	20.56 bp	26.8 bp −$27	173.4 bp −$1,734	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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 21 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	−0.0016%	1h	8.8705	+0.020%	$1.9M	$706K	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.8722	+0.039%	$9K	$46	10x	as long as short
Deribit ETC_USDC-PERPETUALshort	0.0000%	1h	8.8759	+0.081%	$503	—	50x
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.8753	+0.074%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	+0.071%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.8830	+0.161%	$2.5M	$594K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.8753	+0.075%	$993K	$11K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.8637	−0.056%	$26.6M	$69.5M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.8620	−0.076%	$13.0M	$7.8M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.8620	−0.076%	$8.6M	$17.3M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ETC_USDT	+0.0100%	8h	8.8720	+0.037%	$3.6M	$2.6M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.8680	−0.008%	$7.1M	$32.8M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.8760	+0.082%	$2.9M	$682K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.8669	−0.020%	$9.8M	$4.0M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.8680	−0.008%	—	$20.9M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.8500	−0.210%	$124K	$3K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.8740	+0.060%	$159	$5K	5x	as long as short
HTX ETC-USDTlong	+0.0100%	8h	8.8687	long leg	$121K	$295K	75x
Phemex ETCUSDT	+0.0100%	8h	8.8760	+0.082%	$2.0M	$2.7M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.8641	−0.052%	$11K	$91K	25x	as long as short
Coinbase International ETC-PERP-INTX	+0.0616%	1h	8.9170	+0.545%	$38K	$16K	50x	as long as short