Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.078%7-day average −0.031% · 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−$64as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.078%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.048% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETCUSDT | 8.7999 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $26.3M | $70.5M | 75x |
| Short | Bybit ETCUSDT | 8.7930 | 0.0100 | get 0.0100% / 8h | 2h 27m | $12.9M | $7.3M | 75x |
Binance ETCUSDT
Bybit ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.078% → −0.031%
- −$4.75
- Slippage, 4 orders
- −$38.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.91
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 6 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 Binance live order book, 15 min ago | 0.57 bp | 7.8 bp −$8 | 19.7 bp −$197 | 85.4 bp −$8,541 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.57 bp | 23.5 bp −$23 | 47.2 bp −$472 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.090% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7986 | −0.014% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8026 | +0.031% | $499 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7991 | −0.009% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8077 | +0.089% | $2.2M | $423K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7977 | −0.025% | $985K | $11K | 10x | as long as short |
| Binance ETCUSDTlong | +0.0100% | 8h | 8.7999 | long leg | $26.3M | $70.5M | 75x | |
| Bybit ETCUSDTshort | +0.0100% | 8h | 8.7930 | −0.078% | $12.9M | $7.3M | 75x | |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7980 | −0.021% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7960 | −0.044% | $3.5M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster 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 | 8.8000 | +0.001% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7960 | −0.044% | $2.8M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7994 | −0.006% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7970 | −0.033% | — | $712K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7771 | −0.259% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8010 | +0.013% | $135 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7934 | −0.074% | $132K | $275K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7920 | −0.090% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8000 | +0.001% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7947 | −0.059% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7860 | −0.158% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.229% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX