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 OKX+1.676%7-day average — · you sell dearer than you buy

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

Long on OKX 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 1.676% dearer against OKX than usual: you sell high and buy low (spread +1.676% now, against zero (this spread has no 7-day history yet)): +$168 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 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ETC-USDT-SWAP	8.6500	0.0100	pay 0.0100% / 8h	2h 28m	$8.3M	$17.8M	50x
Short	Coinbase International ETC-PERP-INTX	8.7950	−0.0456	pay 0.0057% / 1h	28m 14s	$33K	$22K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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 OKXbpFee Coinbase InternationalbpOrdersPrice spread, now +1.676%Rate

Funding earned: −$116.76
Price spread: +1.676% → 0.000%: $167.63
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $30.87
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago	0.58 bp	11.2 bp −$11	30.2 bp −$302	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	+1.676%	$33K	$22K	50x
Kraken Futures PF_ETCUSD	−0.0204%	1h	8.6526	+0.030%	$1.9M	$717K	50x	as long as short
Deribit ETC_USDC-PERPETUAL	−0.0062%	1h	8.6521	+0.024%	—	—	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.6633	+0.153%	$9K	$25	10x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.6598	+0.114%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	+2.601%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.6601	+0.117%	$2.4M	$619K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.6457	−0.050%	$967K	$8K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.6500	0.000%	$25.8M	$71.9M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.6440	−0.069%	$12.8M	$8.6M	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-SWAPlong	+0.0100%	8h	8.6500	long leg	$8.3M	$17.8M	50x
Gate ETC_USDT	+0.0100%	8h	8.6490	−0.012%	$3.4M	$2.9M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.6530	+0.035%	$6.5M	$33.2M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.6530	+0.035%	$2.8M	$716K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.6534	+0.039%	$9.5M	$3.9M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.6520	+0.023%	—	$20.8M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.6562	+0.071%	$121K	$5K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.6530	+0.035%	$185	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.6472	−0.032%	$116K	$303K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.6530	+0.035%	$2.0M	$2.8M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.6487	−0.015%	$11K	$94K	25x	as long as short
BloFin ETC-USDT	+0.0400%	8h	8.6740	+0.277%	$1.4M	$291K	50x	as long as short