Funding you earn now, next payment 06:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Deribit against gTrade (Gains Network)−0.139%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$2 a day on $10k at the current rate, and Deribit is 0.139% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | gTrade (Gains Network) ETC/USD | 8.6779 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 30m 26s | — | — | 150x |
| Short | Deribit ETC_USDC-PERPETUAL | 8.6658 | −0.0050 | pay 0.0006% / 1h | 30m 26s | — | — | 50x |
gTrade (Gains Network) ETC/USD
Deribit ETC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- −$11.83
- Price spread: −0.139% → 0.000%
- −$13.91
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$42.74
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: no order-book sample. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ETC-PERP-INTX | −0.0456% | 1h | 8.7950 | +1.350% | $33K | $22K | 50x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0203% | 1h | 8.6636 | −0.165% | $1.9M | $717K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUALshort | −0.0050% | 1h | 8.6658 | −0.139% | — | — | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.6693 | −0.099% | $9K | $25 | 10x | as long as short |
| gTrade (Gains Network) ETC/USDlong | L +0.0006% / S −0.0006% | 1h | 8.6779 | long leg | — | — | 150x | |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +2.272% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.6816 | +0.043% | $2.4M | $619K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.6661 | −0.136% | $970K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.6742 | −0.043% | $25.9M | $71.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.6660 | −0.137% | $12.9M | $8.6M | 75x | as long as short |
Coinbase International ETC-PERP-INTX
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.6760 | −0.022% | $8.3M | $17.9M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.6680 | −0.114% | $3.4M | $2.9M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.6770 | −0.010% | $6.6M | $33.2M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.6690 | −0.102% | $2.8M | $716K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.6774 | −0.005% | $9.6M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.6700 | −0.091% | — | $20.8M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.6562 | −0.250% | $121K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.6640 | −0.160% | $185 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.6688 | −0.105% | $116K | $303K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.6660 | −0.137% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.6650 | −0.148% | $11K | $94K | 25x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.6650 | −0.148% | $1.4M | $290K | 50x | as long as short |
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT