Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0296%/8h= +32.4% APRpaid last 24h −0.037%

Price spread now: BloFin against Coinbase International−0.148%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.148% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 40 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ETC-PERP-INTX	8.7950	0.0104	pay 0.0013% / 1h	4m 30s	$33K	$22K	50x
Short	BloFin ETC-USDT	8.7820	0.0400	get 0.0400% / 8h	1h 04m	$1.4M	$298K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BloFinbpOrdersPrice spread, now −0.148%Rate

Funding earned: $62.16
Price spread: −0.148% → 0.000%: −$14.78
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $25.38
Costs to cover: 0.220%
Break-even: 4.1 days

Slippage unknown: Coinbase International: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.

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 Coinbase International no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	1.71 bp	11.5 bp −$12	22.0 bp −$220	59.4 bp −$5,939	doesn't fit

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0273%	1h	8.7789	−0.183%	$1.9M	$721K	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.7827	−0.140%	$9K	$25	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.7766	−0.209%	—	—	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.7697	−0.287%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	+0.910%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.7757	−0.219%	$2.5M	$615K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.7711	−0.271%	$982K	$8K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.7630	−0.363%	$26.3M	$71.3M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.7620	−0.375%	$13.1M	$8.7M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.7650	−0.341%	$8.5M	$17.7M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ETC_USDT	+0.0100%	8h	8.7810	−0.159%	$3.5M	$3.0M	60x	as long as short
MEXC ETC_USDT	+0.0100%	8h	8.7650	−0.341%	$6.9M	$33.2M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.7780	−0.193%	$2.8M	$702K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.7751	−0.226%	$9.7M	$3.9M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.7730	−0.250%	—	$23.3M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.7790	−0.182%	$124K	$5K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.7750	−0.227%	$198	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.7847	−0.117%	$118K	$306K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.7800	−0.171%	$2.0M	$2.8M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.7684	−0.302%	$13K	$107K	25x	as long as short
Coinbase International ETC-PERP-INTXlong	+0.0104%	1h	8.7950	long leg	$33K	$22K	50x
BloFin ETC-USDTshort	+0.0400%	8h	8.7820	−0.148%	$1.4M	$298K	50x