Settings8H · net · $10k
Funding arb · Price arb /

ETC

all ETC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX+0.058%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.058%, 7d avg +0.002%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.056% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETC-USDT8.78490.0100pay 0.0100% / 8h5h 57m$119K$301K75x
ShortPhemex ETCUSDT8.79000.0100get 0.0100% / 8h5h 57m$2.0M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: +0.058% → +0.002%
$5.58
Slippage, 4 orders
−$85.78
Fee HTX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$104.19
Costs to cover
1.098%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Phemex: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 5 min ago19.45 bp50.1 bp −$50247.9 bp −$2,479doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago2.84 bp14.2 bp −$1450.4 bp −$504doesn't fitdoesn't fit

ETC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ETCUSD−0.0010%1h8.7883+0.039%$1.9M$704K50xas long as short
dYdX ETC-USD0.0000%1h8.7785−0.073%$9K$4610xas long as short
Deribit ETC_USDC-PERPETUAL0.0000%1h8.7865+0.018%$49850xas long as short
gTrade (Gains Network) ETC/USDL +0.0006% / S −0.0006%1h8.7827−0.025%150xas long as short
Injective ETC/USDC PERP+0.0033%1h8.8750+1.026%$34$102K5.5xas long as short
Hyperliquid ETC+0.0100%1h8.8006+0.179%$2.5M$590K5xas long as short
Aster ETCUSDT+0.0100%8h8.7812−0.042%$983K$11K10xas long as short
Binance ETCUSDT+0.0100%8h8.7831−0.020%$26.4M$68.7M75xas long as short
Bybit ETCUSDT+0.0100%8h8.7880+0.035%$12.8M$7.7M75xas long as short
OKX ETC-USDT-SWAP+0.0100%8h8.7910+0.069%$8.5M$17.0M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ETC_USDT+0.0100%8h8.7920+0.081%$3.6M$2.5M60xas long as short
MEXC ETC_USDT+0.0100%8h8.7900+0.058%$7.4M$32.7M200xas long as short
KuCoin ETCUSDTM+0.0100%8h8.7780−0.079%$2.9M$663K50xas long as short
Bitget ETCUSDT+0.0100%8h8.7894+0.051%$9.7M$3.8M75xas long as short
BingX ETC-USDT+0.0100%8h8.7900+0.058%$20.8Mas long as short
Variational Omni ETC+0.0100%8h8.8140+0.331%$124K$3Kas long as short
SoDEX ETC-USD+0.0100%1h8.7850+0.001%$169$5K5xas long as short
HTX ETC-USDTlong+0.0100%8h8.7849long leg$119K$301K75x
Phemex ETCUSDTshort+0.0100%8h8.7900+0.058%$2.0M$2.7M50x
Extended ETC-USD+0.0104%1h8.7847−0.002%$14K$94K25xas long as short
Coinbase International ETC-PERP-INTX+0.1048%1h8.9440+1.811%$38K$16K50xas long as short