Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex−0.050%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.178%+$18 · spread now −0.050%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.041% cheaper against Phemex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.7890 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $2.0M | $2.6M | 50x |
| Short | Bitget ETCUSDT | 8.7846 | 0.0100 | get 0.0100% / 8h | 4h 05m | $9.7M | $3.7M | 75x |
Phemex ETCUSDT
Bitget ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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: −0.050% → −0.009%
- −$4.07
- Slippage, 4 orders
- −$34.79
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.86
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bitget: 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 Phemex live order book, 2 min ago | 3.41 bp | 16.9 bp −$17 | 53.2 bp −$532 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.71 bp | 11.6 bp −$12 | 19.9 bp −$199 | 92.4 bp −$9,239 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETC-USD | 0.0000% | 1h | 8.7933 | +0.048% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7891 | +0.001% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7894 | +0.004% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.7590 | −0.341% | $33 | $70K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7938 | +0.055% | $2.2M | $422K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7830 | −0.068% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7811 | −0.090% | $26.2M | $67.4M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7780 | −0.125% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7800 | −0.102% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7850 | −0.046% | $3.5M | $2.4M | 60x | as long as short |
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-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7810 | −0.091% | $7.1M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7860 | −0.034% | $2.8M | $843K | 50x | as long as short |
| Bitget ETCUSDTshort | +0.0100% | 8h | 8.7846 | −0.050% | $9.7M | $3.7M | 75x | |
| BingX ETC-USDC | +0.0100% | 8h | 8.7790 | −0.114% | — | $712K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7875 | −0.018% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7840 | −0.057% | $161 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7890 | 0.000% | $131K | $281K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.7890 | long leg | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7829 | −0.070% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0159% | 1h | 8.7836 | −0.061% | $1.9M | $664K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7960 | +0.080% | $1.5M | $210K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1104% | 1h | 8.8090 | +0.228% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX