Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.078%75s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)−0.322%−$32 · spread now +0.078%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETCUSDT | 8.9490 | 0.0100 | pay 0.0100% / 8h | 50m 01s | $9.9M | $3.8M | 75x |
| Short | BloFin ETC-USDT | 8.9560 | 0.0220 | get 0.0220% / 8h | 50m 01s | $1.4M | $218K | 50x |
Bitget ETCUSDT
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $25.2
- Price spread: +0.078% → +0.037%
- $4.1
- Slippage, 4 orders
- −$24.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.28
- Costs to cover
- 0.486%
- Break-even
- 12.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 3 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 Bitget live order book, 3 min ago | 1.68 bp | 17.9 bp −$18 | 22.4 bp −$224 | 87.0 bp −$8,698 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.68 bp | 9.1 bp −$9 | 14.8 bp −$148 | 44.0 bp −$4,399 | 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 | −0.0293% | 1h | 8.8750 | −0.827% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0191% | 1h | 8.9532 | +0.047% | $2.0M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9696 | +0.230% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9522 | +0.036% | $507 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9584 | +0.105% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9591 | +0.113% | $2.3M | $432K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9552 | +0.069% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9512 | +0.025% | $26.7M | $68.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9480 | −0.011% | $13.2M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9480 | −0.011% | $8.9M | $16.8M | 50x | as long as short |
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.9540 | +0.056% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9520 | +0.034% | $7.6M | $32.2M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9550 | +0.067% | $2.9M | $724K | 50x | as long as short |
| Bitget ETCUSDTlong | +0.0100% | 8h | 8.9490 | long leg | $9.9M | $3.8M | 75x | |
| BingX ETC-USDT | +0.0100% | 8h | 8.9490 | 0.000% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9474 | −0.018% | $127K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9490 | 0.000% | $128 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9565 | +0.084% | $135K | $269K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9560 | +0.078% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9494 | +0.005% | $12K | $191K | 25x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.9560 | +0.078% | $1.4M | $218K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9830 | +0.380% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX