Funding you earn now, next payment 02:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h +0.059%
Price spread now: BloFin against Injective−0.113%234s7-day average +0.367% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.193%+$19 on $10k
+Price spread, last 3 days (all we have)+0.533%+$53 · spread now −0.113%, 7d avg +0.367%
=Funding pays, the price is against you. BloFin is 0.480% cheaper against Injective than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.367%). If the spread goes back, that is −$48 on $10k: about 8.6 days of funding at the current rate (+$6 a day). The two prices were read 234 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 | Injective ETC/USDC PERP | 8.8750 | 0.0033 | pay 0.0004% / 1h | 44m 00s | $34 | $102K | 5.5x |
| Short | BloFin ETC-USDT | 8.8650 | 0.0220 | get 0.0220% / 8h | 6h 44m | $1.4M | $206K | 50x |
Injective ETC/USDC PERP
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $39.2
- Price spread: −0.113% → +0.367%
- −$48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.82
- Costs to cover
- 0.120%
- Break-even
- 10.7 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 9 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 9 min ago | 1.70 bp | 13.1 bp −$13 | 23.6 bp −$236 | 70.7 bp −$7,069 | doesn't fit |
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 | −0.0016% | 1h | 8.8415 | −0.377% | $1.9M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8217 | −0.600% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8309 | −0.497% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPlong | +0.0033% | 1h | 8.8750 | long leg | $34 | $102K | 5.5x | |
| Deribit ETC_USDC-PERPETUAL | +0.0056% | 1h | 8.8378 | −0.419% | $501 | — | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8445 | −0.344% | $2.5M | $600K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8340 | −0.462% | $989K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8413 | −0.380% | $26.6M | $69.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8330 | −0.473% | $13.0M | $7.5M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8410 | −0.383% | $8.7M | $17.2M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Deribit ETC_USDC-PERPETUAL
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_USDT | +0.0100% | 8h | 8.8330 | −0.473% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8380 | −0.417% | $7.3M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8370 | −0.428% | $2.8M | $691K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8401 | −0.393% | $9.8M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8360 | −0.439% | — | $705K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8101 | −0.731% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8400 | −0.394% | $170 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8410 | −0.383% | $121K | $294K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8440 | −0.349% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8395 | −0.400% | $11K | $91K | 25x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.8650 | −0.113% | $1.4M | $206K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0616% | 1h | 9.0540 | +2.017% | $39K | $17K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX