Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.043%
Price spread now: Gate against BloFin−0.089%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 3 days (all we have)+0.294%+$29 · spread now −0.089%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.050% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETC-USDT | 8.9690 | 0.0220 | pay 0.0220% / 8h | 7h 07m | $1.5M | $219K | 50x |
| Short | Gate ETC_USDT | 8.9610 | 0.0100 | get 0.0100% / 8h | 7h 07m | $3.7M | $2.5M | 60x |
BloFin ETC-USDT
Gate ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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: −0.089% → −0.039%
- −$5.01
- Slippage, 4 orders
- −$47.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.51
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Gate: 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 BloFin live order book, 5 min ago | 0.56 bp | 12.1 bp −$12 | 17.0 bp −$170 | 51.3 bp −$5,128 | doesn't fit |
| Sell Gate live order book, 6 min ago | 3.35 bp | 26.6 bp −$27 | 70.2 bp −$702 | 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 | −0.0192% | 1h | 8.9676 | −0.016% | $2.0M | $710K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9605 | −0.095% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9630 | −0.067% | — | — | 150x | as long as short |
| Deribit ETC_USDC-PERPETUAL | +0.0007% | 1h | 8.9660 | −0.033% | $508 | — | 50x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −1.048% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9755 | +0.072% | $2.5M | $575K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9614 | −0.085% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9655 | −0.039% | $27.0M | $68.3M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9590 | −0.111% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9650 | −0.045% | $8.9M | $17.1M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Deribit ETC_USDC-PERPETUAL
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_USDTshort | +0.0100% | 8h | 8.9610 | −0.089% | $3.7M | $2.5M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9640 | −0.056% | $7.8M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9650 | −0.045% | $2.9M | $718K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9639 | −0.057% | $10.0M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.9590 | −0.111% | — | $704K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9345 | −0.384% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9650 | −0.045% | $150 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9670 | −0.022% | $122K | $296K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9620 | −0.078% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9636 | −0.060% | $12K | $96K | 25x | as long as short |
| BloFin ETC-USDTlong | +0.0220% | 8h | 8.9690 | long leg | $1.5M | $219K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 9.2430 | +3.055% | $37K | $14K | 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
Coinbase International ETC-PERP-INTX