Funding you earn now, next payment 03:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.055%
Price spread now: Kraken Futures against Extended+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Kraken Futures is 0.023% dearer against Extended than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.044% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETC-USD | 8.7834 | 0.0104 | pay 0.0013% / 1h | 7m 01s | $15K | $96K | 25x |
| Short | Kraken Futures PF_ETCUSD | 8.7855 | −0.0010 | pay 0.0001% / 1h | 7m 01s | $1.9M | $690K | 50x |
Extended ETC-USD
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$23.98
- Price spread: +0.023% → 0.000%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$36.65
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Kraken Futures: live order book, 2 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 Extended no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 5.11 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
Extended: 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_ETCUSDshort | −0.0010% | 1h | 8.7855 | +0.023% | $1.9M | $690K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.7942 | +0.123% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7866 | +0.036% | $498 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7928 | +0.108% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.043% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7961 | +0.145% | $2.5M | $594K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7862 | +0.032% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7857 | +0.026% | $26.3M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7830 | −0.005% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7800 | −0.039% | $8.5M | $17.0M | 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 | 8.7940 | +0.121% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7820 | −0.016% | $7.4M | $32.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7890 | +0.064% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7859 | +0.028% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7900 | +0.075% | — | $708K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8178 | +0.391% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7850 | +0.018% | $187 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7845 | +0.012% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7890 | +0.064% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USDlong | +0.0104% | 1h | 8.7834 | long leg | $15K | $96K | 25x | |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8000 | +0.189% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.8490 | +0.747% | $35K | $20K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX