Funding you earn now, next payment 08:00 UTC−0.0569%/8h= −62.3% APRpaid last 24h −0.080%
Price spread now: Kraken Futures against BloFin−0.082%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.082%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Kraken Futures is 0.075% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETC-USDT | 8.7260 | 0.0400 | pay 0.0400% / 8h | 36m 56s | $1.4M | $296K | 50x |
| Short | Kraken Futures PF_ETCUSD | 8.7188 | −0.0169 | pay 0.0021% / 1h | 36m 56s | $1.9M | $731K | 50x |
BloFin ETC-USDT
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$119.46
- Price spread: −0.082% → −0.007%
- −$7.49
- Slippage, 4 orders
- −$57.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$206.13
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Kraken Futures: 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 BloFin live order book, 1 min ago | 0.57 bp | 14.1 bp −$14 | 22.1 bp −$221 | 59.9 bp −$5,990 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 4.58 bp | 26.3 bp −$26 | 41.7 bp −$417 | 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_ETCUSDshort | −0.0169% | 1h | 8.7188 | −0.082% | $1.9M | $731K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.7310 | +0.057% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7124 | −0.156% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7177 | −0.095% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.708% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7265 | +0.006% | $2.5M | $611K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7136 | −0.142% | $975K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7190 | −0.080% | $26.2M | $71.4M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7130 | −0.149% | $13.0M | $8.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7200 | −0.069% | $8.5M | $17.6M | 50x | as long as short |
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 | 8.7170 | −0.103% | $3.4M | $3.0M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7200 | −0.069% | $6.8M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7180 | −0.092% | $2.8M | $720K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7206 | −0.062% | $9.6M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7190 | −0.080% | — | $705K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7658 | +0.456% | $124K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7140 | −0.138% | $219 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7170 | −0.103% | $118K | $309K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7140 | −0.138% | $1.9M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7155 | −0.120% | $16K | $212K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0392% | 1h | 8.7950 | +0.791% | $33K | $22K | 50x | as long as short |
| BloFin ETC-USDTlong | +0.0400% | 8h | 8.7260 | long leg | $1.4M | $296K | 50x |
Gate ETC_USDT
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