Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against MEXC+0.852%70s7-day average −0.322% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−1.922%−$192 · spread now +0.852%, 7d avg −0.322%
=The price spread pays, funding is against you. Injective is 1.175% dearer against MEXC than usual: you sell high and buy low (spread +0.852% now, against its 7-day average of −0.322%): +$117 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 59 days. The two prices were read 70 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 | MEXC ETC_USDT | 8.8000 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $7.4M | $32.7M | 200x |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 8m 11s | $34 | $102K | 5.5x |
MEXC ETC_USDT
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$14
- Price spread: +0.852% → −0.322%
- $117.46
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $99.44
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 6 min ago; Injective: 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 MEXC live order book, 6 min ago | 0.57 bp | 2.6 bp −$3 | 6.3 bp −$63 | 41.7 bp −$4,171 | 102.2 bp −$51.1K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0010% | 1h | 8.8002 | +0.003% | $1.9M | $690K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7942 | −0.066% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8028 | +0.032% | $499 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7977 | −0.026% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | +0.852% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.8071 | +0.081% | $2.5M | $594K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7935 | −0.074% | $984K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8010 | +0.011% | $26.3M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7930 | −0.080% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7970 | −0.034% | $8.5M | $17.0M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.7960 | −0.045% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.8000 | long leg | $7.4M | $32.7M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7960 | −0.045% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8032 | +0.036% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8000 | 0.000% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8178 | +0.202% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7980 | −0.023% | $183 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7916 | −0.095% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7990 | −0.011% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7948 | −0.059% | $15K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8080 | +0.091% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.8490 | +0.557% | $35K | $20K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX