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 BingX+0.011%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.510%−$51 · spread now +0.011%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETC-USDC | 8.7500 | 0.0100 | pay 0.0100% / 8h | 4h 41m | — | $710K | — |
| Short | Phemex ETCUSDT | 8.7510 | 0.0100 | get 0.0100% / 8h | 4h 41m | $2.0M | $2.8M | 50x |
BingX ETC-USDC
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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: +0.011% → +0.001%
- $1.01
- Slippage, 4 orders
- −$24.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$45.15
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Phemex: live order book, 2 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 BingX live order book, 2 min ago | 1.72 bp | 8.1 bp −$8 | 46.3 bp −$463 | 337.0 bp −$33.7K | 964.8 bp −$482.4K |
| Sell Phemex live order book, 2 min ago | 1.71 bp | 14.8 bp −$15 | 43.3 bp −$433 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0228% | 1h | 8.7499 | −0.001% | $1.9M | $686K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7525 | +0.029% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7515 | +0.017% | $496 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7487 | −0.015% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.429% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7582 | +0.094% | $2.5M | $593K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7480 | −0.022% | $979K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7503 | +0.003% | $26.3M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7460 | −0.046% | $12.7M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7510 | +0.011% | $8.5M | $17.1M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.7530 | +0.034% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7500 | 0.000% | $7.4M | $32.9M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7530 | +0.034% | $2.9M | $646K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7446 | −0.062% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDClong | +0.0100% | 8h | 8.7500 | long leg | — | $710K | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.7429 | −0.081% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7480 | −0.023% | $178 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7495 | −0.006% | $118K | $293K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.7510 | +0.011% | $2.0M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7497 | −0.003% | $11K | $97K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7680 | +0.206% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.7360 | −0.160% | $33K | $21K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX