Funding you earn now, next payment 21:00 UTC−0.0532%/8h= −58.3% APRpaid last 24h +0.001%
Price spread now: MEXC against Coinbase International−0.746%7-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 MEXC is 0.746% cheaper against Coinbase International than usual: you would sell low and buy high (−$75 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ETC-PERP-INTX | 8.8440 | 0.0632 | pay 0.0079% / 1h | 5m 05s | $35K | $13K | 50x |
| Short | MEXC ETC_USDT | 8.7780 | 0.0100 | get 0.0100% / 8h | 2h 05m | $7.7M | $36.9M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.746% → 0.000%
- −$74.63
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$200.35
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: 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 MEXC live order book, 4 min ago | 1.71 bp | 3.7 bp −$4 | 6.9 bp −$69 | 39.0 bp −$3,900 | 94.9 bp −$47.5K |
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 | −0.588% | $33 | $77K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0023% | 1h | 8.7829 | −0.691% | $498 | $978 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7806 | −0.717% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7835 | −0.684% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7876 | −0.638% | $2.2M | $424K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7776 | −0.751% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7810 | −0.712% | $26.2M | $67.4M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7780 | −0.746% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7800 | −0.724% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7780 | −0.746% | $3.6M | $2.4M | 60x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.7780 | −0.746% | $7.7M | $36.9M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7810 | −0.712% | $2.8M | $724K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7796 | −0.728% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7800 | −0.724% | — | $717K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7711 | −0.824% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7800 | −0.724% | $133 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7772 | −0.755% | $132K | $270K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7800 | −0.724% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7798 | −0.726% | $11K | $191K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0181% | 1h | 8.7790 | −0.735% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7830 | −0.690% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXlong | +0.0632% | 1h | 8.8440 | long leg | $35K | $13K | 50x |
Coinbase International ETC-PERP-INTX
MEXC 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
Gate 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