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

ETC

all ETC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.126%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$520.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.126%, 7d avg +0.037%
Together, before fees−0.127%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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: Hyperliquid is 0.090% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETC-USDT8.79000.0100pay 0.0100% / 8h2h 37m$20.6M
ShortHyperliquid ETC8.80110.0100get 0.0013% / 1h37m 32s$2.2M$422K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
$0
Price spread: +0.126% → +0.037%
$8.97
Slippage, 4 orders
−$32.54
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$42.57
Costs to cover
0.515%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Hyperliquid: 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 BingX live order book, 6 min ago1.71 bp8.5 bp −$919.1 bp −$19150.0 bp −$4,997208.1 bp −$104.0K
Sell Hyperliquid live order book, 3 min ago2.05 bp14.6 bp −$15doesn't fitdoesn'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
Injective ETC/USDC PERP−0.0037%1h8.7920+0.023%$33$77K5.5xas long as short
dYdX ETC-USD0.0000%1h8.7892−0.009%$9K$4610xas long as short
Deribit ETC_USDC-PERPETUAL0.0000%1h8.7830−0.080%$498$97850xas long as short
gTrade (Gains Network) ETC/USDL +0.0006% / S −0.0006%1h8.7792−0.123%150xas long as short
Hyperliquid ETCshort+0.0100%1h8.8011+0.126%$2.2M$422K5x
Aster ETCUSDT+0.0100%8h8.7855−0.052%$983K$11K10xas long as short
Binance ETCUSDT+0.0100%8h8.7950+0.057%$26.3M$70.5M75xas long as short
Bybit ETCUSDT+0.0100%8h8.7860−0.046%$12.9M$7.3M75xas long as short
OKX ETC-USDT-SWAP+0.0100%8h8.79000.000%$8.7M$16.3M50xas long as short
Gate ETC_USDT+0.0100%8h8.79000.000%$3.5M$2.4M60xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ETC_USDT+0.0100%8h8.7930+0.034%$7.8M$36.8M200xas long as short
KuCoin ETCUSDTM+0.0100%8h8.7880−0.023%$2.8M$695K50xas long as short
Bitget ETCUSDT+0.0100%8h8.7914+0.016%$9.7M$3.6M75xas long as short
BingX ETC-USDTlong+0.0100%8h8.7900long leg$20.6M
Variational Omni ETC+0.0100%8h8.7635−0.301%$124K$2Kas long as short
SoDEX ETC-USD+0.0100%1h8.7820−0.091%$152$5K5xas long as short
HTX ETC-USDT+0.0100%8h8.7803−0.110%$131K$272K75xas long as short
Phemex ETCUSDT+0.0100%8h8.7810−0.102%$2.0M$2.6M50xas long as short
Extended ETC-USD+0.0104%1h8.7932+0.036%$4K$181K25xas long as short
Kraken Futures PF_ETCUSD+0.0180%1h8.7831−0.079%$1.9M$674K50xas long as short
BloFin ETC-USDT+0.0220%8h8.7740−0.182%$1.4M$215K50xas long as short
Coinbase International ETC-PERP-INTX+0.0632%1h8.8200+0.341%$35K$13K50xas long as short