Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Variational Omni+0.091%7-day average +0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.202%−$20 · spread now +0.091%, 7d avg +0.029%
=Together, before fees−0.202%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.063% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.8140 | 0.0100 | pay 0.0100% / 8h | 6h 01m | $124K | $3K | — |
| Short | Phemex ETCUSDT | 8.8220 | 0.0100 | get 0.0100% / 8h | 6h 01m | $2.0M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.091% → +0.029%
- $6.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$5.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Phemex: live order book, 3 min ago. 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, 3 min ago | 3.83 bp | doesn't fit | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.97 bp | 15.0 bp −$15 | 39.9 bp −$399 | doesn't fit | doesn't fit |
ETC on 21 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 | −0.0016% | 1h | 8.8198 | +0.066% | $1.9M | $704K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8206 | +0.075% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8239 | +0.113% | $500 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8223 | +0.095% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.693% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8326 | +0.212% | $2.5M | $589K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8185 | +0.051% | $987K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8283 | +0.163% | $26.5M | $68.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8180 | +0.046% | $12.9M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8210 | +0.080% | $8.6M | $17.1M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8230 | +0.103% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8280 | +0.159% | $7.1M | $32.9M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8210 | +0.080% | $2.9M | $664K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8208 | +0.078% | $9.7M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8220 | +0.091% | — | $706K | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.8140 | long leg | $124K | $3K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8240 | +0.114% | $170 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8166 | +0.030% | $119K | $301K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8220 | +0.091% | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8208 | +0.077% | $14K | $94K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0616% | 1h | 8.9440 | +1.475% | $38K | $16K | 50x | as long as short |
Variational Omni ETC
Phemex ETCUSDT
Kraken Futures PF_ETCUSD
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_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX