Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0556%/8h= −60.9% APRpaid last 24h +0.074%

Price spread now: Coinbase International against KuCoin+0.068%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

The price spread pays, funding is against you. Coinbase International is 0.068% dearer against KuCoin than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ETCUSDTM	8.7890	0.0100	pay 0.0100% / 8h	2h 05m	$2.8M	$722K	50x
Short	Coinbase International ETC-PERP-INTX	8.7950	−0.0456	pay 0.0057% / 1h	5m 58s	$33K	$22K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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 KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$116.76
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$131.93
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago	6.86 bp	31.8 bp −$32	78.8 bp −$788	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
Coinbase International ETC-PERP-INTXshort	−0.0456%	1h	8.7950	+0.068%	$33K	$22K	50x
Kraken Futures PF_ETCUSD	−0.0200%	1h	8.7906	+0.019%	$1.9M	$710K	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.7792	−0.112%	$9K	$25	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.7879	−0.013%	—	—	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.7833	−0.065%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	+0.978%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.7994	+0.118%	$2.5M	$618K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.7861	−0.033%	$983K	$8K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.7901	+0.012%	$26.4M	$72.2M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.7860	−0.034%	$13.1M	$8.7M	75x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETC-USDT-SWAP	+0.0100%	8h	8.7910	+0.023%	$8.5M	$18.2M	50x	as long as short
Gate ETC_USDT	+0.0100%	8h	8.7870	−0.023%	$3.5M	$3.0M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.7900	+0.011%	$6.9M	$33.2M	200x	as long as short
KuCoin ETCUSDTMlong	+0.0100%	8h	8.7890	long leg	$2.8M	$722K	50x
Bitget ETCUSDT	+0.0100%	8h	8.7900	+0.011%	$9.7M	$3.9M	75x	as long as short
BingX ETC-USDC	+0.0100%	8h	8.7880	−0.011%	—	$705K	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.7515	−0.427%	$123K	$5K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.7880	−0.011%	$200	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.7848	−0.048%	$118K	$308K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.7890	0.000%	$2.0M	$2.9M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.7876	−0.016%	$14K	$96K	25x	as long as short
BloFin ETC-USDT	+0.0400%	8h	8.7850	−0.046%	$1.4M	$294K	50x	as long as short