Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against MEXC−0.135%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)−0.193%−$19 · spread now −0.135%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.121% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETC_USDT | 8.8700 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $7.5M | $32.1M | 200x |
| Short | Phemex ETCUSDT | 8.8580 | 0.0100 | get 0.0100% / 8h | 1h 46m | $2.0M | $2.6M | 50x |
MEXC ETC_USDT
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.135% → −0.014%
- −$12.11
- Slippage, 4 orders
- −$19.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$47.77
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Phemex: live order book, 2 min ago.
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, 2 min ago | 0.56 bp | 2.6 bp −$3 | 6.1 bp −$61 | 33.3 bp −$3,326 | 94.6 bp −$47.3K |
| Sell Phemex live order book, 2 min ago | 2.82 bp | 16.2 bp −$16 | 49.4 bp −$494 | doesn't fit | doesn't fit |
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 | −0.0215% | 1h | 8.8588 | −0.126% | $2.0M | $674K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8614 | −0.097% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8615 | −0.096% | $502 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8586 | −0.129% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.7920 | −0.879% | $33 | $77K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8766 | +0.074% | $2.2M | $416K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8595 | −0.118% | $991K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8707 | +0.007% | $26.4M | $67.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8650 | −0.056% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8640 | −0.068% | $8.7M | $16.4M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
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 | 8.8620 | −0.090% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.8700 | long leg | $7.5M | $32.1M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8610 | −0.101% | $2.9M | $725K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8711 | +0.012% | $9.8M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8660 | −0.045% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8337 | −0.409% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8590 | −0.124% | $129 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8647 | −0.060% | $133K | $268K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8580 | −0.135% | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8615 | −0.095% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8610 | −0.101% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.8730 | +0.034% | $35K | $13K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX