Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Variational Omni+1.783%7-day average −0.234% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−2.207%−$221 · spread now +1.783%, 7d avg −0.234%
=Together, before fees−2.260%+ Points / potential airdropVariational Omni: Active · farm board−$226 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.017% dearer against Variational Omni than usual: you sell high and buy low (spread +1.783% now, against its 7-day average of −0.234%): +$202 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.7196 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $122K | $5K | — |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 15m 06s | $34 | $102K | 5.5x |
Variational Omni ETC
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. 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: +1.783% → −0.234%
- $201.66
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $187.64
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 34 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 Variational Omni RFQ quote, 34 min ago | 3.28 bp | doesn't fit | 36.9 bp −$369 | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ETC-PERP-INTX | −0.0456% | 1h | 8.7950 | +0.865% | $33K | $22K | 50x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0202% | 1h | 8.7387 | +0.219% | $1.9M | $712K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7338 | +0.163% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7364 | +0.193% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7356 | +0.184% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | +1.783% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.7427 | +0.265% | $2.5M | $619K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7248 | +0.060% | $976K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7341 | +0.167% | $26.1M | $72.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7280 | +0.097% | $13.0M | $8.6M | 75x | as long as short |
Coinbase International ETC-PERP-INTX
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7340 | +0.166% | $8.4M | $18.1M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7300 | +0.120% | $3.5M | $3.0M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7310 | +0.131% | $6.8M | $33.2M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7260 | +0.074% | $2.8M | $722K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7313 | +0.135% | $9.6M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7320 | +0.143% | — | $706K | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.7196 | long leg | $122K | $5K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7340 | +0.166% | $192 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7348 | +0.175% | $117K | $306K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7320 | +0.143% | $2.0M | $2.9M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7347 | +0.173% | $14K | $100K | 25x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.7390 | +0.223% | $1.4M | $293K | 50x | as long as short |
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT