Funding you earn now, next payment 21:00 UTC−0.0532%/8h= −58.3% APRpaid last 24h −0.006%
Price spread now: Gate against Coinbase International−0.397%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.397% cheaper against Coinbase International than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | Coinbase International ETC-PERP-INTX | 8.8200 | 0.0632 | pay 0.0079% / 1h | 29m 16s | $35K | $13K | 50x |
| Short | Gate ETC_USDT | 8.7850 | 0.0100 | get 0.0100% / 8h | 2h 29m | $3.5M | $2.4M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$111.72
- Price spread: −0.397% → 0.000%
- −$39.68
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$176.4
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 3.42 bp | 26.7 bp −$27 | 73.2 bp −$732 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.317% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7871 | −0.372% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7907 | −0.332% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7876 | −0.367% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7929 | −0.307% | $2.2M | $423K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7907 | −0.332% | $984K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7830 | −0.420% | $26.2M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7800 | −0.454% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7850 | −0.397% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDTshort | +0.0100% | 8h | 8.7850 | −0.397% | $3.5M | $2.4M | 60x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7810 | −0.442% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7830 | −0.420% | $2.8M | $723K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7810 | −0.442% | $9.6M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7880 | −0.363% | — | $712K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7771 | −0.486% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7870 | −0.374% | $143 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7865 | −0.380% | $131K | $273K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7920 | −0.317% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7818 | −0.433% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7875 | −0.369% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7760 | −0.499% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0632% | 1h | 8.8200 | long leg | $35K | $13K | 50x |
Coinbase International ETC-PERP-INTX
Gate ETC_USDT
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT