Settings8H · net · $10k
Funding arb · Price arb /

ETC

all ETC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.042%
Price spread now: Kraken Futures against Aster+0.104%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1671.665% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.978%−$98 · spread now +0.104%, 7d avg +0.027%
Together, before fees−1.032%+ Points / potential airdropAster: Stage 5 · farm board−$103 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.076% dearer against Aster than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.027%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETCUSDT8.83040.0100pay 0.0100% / 8h7h 00m$988K$8K10x
ShortKraken Futures PF_ETCUSD8.83950.0069get 0.0009% / 1h0m 38s$1.9M$718K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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

Funding earned
−$6.49
Price spread: +0.104% → +0.027%
$7.63
Slippage, 4 orders
−$148.54
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$165.41
Costs to cover
1.665%
Break-even
never at this rate
Slippage from Aster: live order book, 22 min ago; Kraken Futures: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 22 min ago6.83 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago3.39 bp22.1 bp −$2243.2 bp −$432doesn't fitdoesn't fit

ETC on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ETC-USD0.0000%1h8.8324+0.023%$9K$2510xas long as short
gTrade (Gains Network) ETC/USDL +0.0006% / S 0.0000%1h8.8376+0.082%$198150xas long as short
Deribit ETC_USDC-PERPETUAL+0.0022%1h8.8357+0.060%50xas long as short
Injective ETC/USDC PERP+0.0033%1h8.8750+0.505%$34$102K5.5xas long as short
Kraken Futures PF_ETCUSDshort+0.0069%1h8.8395+0.104%$1.9M$718K50x
Hyperliquid ETC+0.0100%1h8.8431+0.144%$2.5M$549K5xas long as short
Aster ETCUSDTlong+0.0100%8h8.8304long leg$988K$8K10x
Binance ETCUSDT+0.0100%8h8.8332+0.032%$26.7M$68.5M75xas long as short
Bybit ETCUSDT+0.0100%8h8.8290−0.016%$13.2M$8.9M75xas long as short
OKX ETC-USDT-SWAP+0.0100%8h8.8340+0.041%$8.6M$17.2M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ETC_USDT+0.0100%8h8.8320+0.018%$3.5M$3.0M60xas long as short
MEXC ETC_USDT+0.0100%8h8.8320+0.018%$6.9M$33.1M200xas long as short
KuCoin ETCUSDTM+0.0100%8h8.8350+0.052%$2.8M$731K50xas long as short
Bitget ETCUSDT+0.0100%8h8.8330+0.030%$9.8M$3.8M75xas long as short
BingX ETC-USDT+0.0100%8h8.8310+0.007%$23.3Mas long as short
Variational Omni ETC+0.0100%8h8.8224−0.091%$124K$5Kas long as short
SoDEX ETC-USD+0.0100%1h8.8340+0.041%$215$5K5xas long as short
HTX ETC-USDT+0.0100%8h8.8348+0.050%$119K$307K75xas long as short
Phemex ETCUSDT+0.0100%8h8.8320+0.018%$1.9M$2.8M50xas long as short
Extended ETC-USD+0.0104%1h8.8305+0.002%$6K$224K25xas long as short
BloFin ETC-USDT+0.0400%8h8.8480+0.199%$1.4M$299K50xas long as short
Coinbase International ETC-PERP-INTX+0.0504%1h8.7890−0.469%$33K$15K50xas long as short