Funding arb · Price arb /

ETC

all ETC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.083%

Price spread now: Coinbase International against Gate−1.743%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Coinbase International

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. Coinbase International is 1.743% cheaper against Gate than usual: you would sell low and buy high (spread −1.743% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$174 on $10k: about 54 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ETC_USDT	8.8910	0.0100	pay 0.0100% / 8h	3h 54m	$3.6M	$2.6M	60x
Short	Coinbase International ETC-PERP-INTX	8.7360	0.0208	get 0.0026% / 1h	54m 45s	$33K	$21K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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 GatebpFee Coinbase InternationalbpOrdersPrice spread, now −1.743%Rate

Funding earned: $22.68
Price spread: −1.743% → 0.000%: −$174.33
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$176.65
Costs to cover: 0.250%
Break-even: 61.5 days

Slippage unknown: Gate: live order book, 3 min ago; Coinbase International: 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 Gate live order book, 3 min ago	5.09 bp	20.8 bp −$21	76.5 bp −$765	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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	−0.0118%	1h	8.8786	−0.139%	$1.9M	$680K	50x	as long as short
dYdX ETC-USD	0.0000%	1h	8.8828	−0.092%	$9K	$71	10x	as long as short
Deribit ETC_USDC-PERPETUAL	0.0000%	1h	8.8766	−0.162%	$503	—	50x	as long as short
gTrade (Gains Network) ETC/USD	L +0.0006% / S −0.0006%	1h	8.8678	−0.261%	—	—	150x	as long as short
Injective ETC/USDC PERP	+0.0033%	1h	8.8750	−0.180%	$34	$102K	5.5x	as long as short
Hyperliquid ETC	+0.0100%	1h	8.8817	−0.105%	$2.5M	$589K	5x	as long as short
Aster ETCUSDT	+0.0100%	8h	8.8714	−0.221%	$993K	$8K	10x	as long as short
Binance ETCUSDT	+0.0100%	8h	8.8881	−0.033%	$26.5M	$69.3M	75x	as long as short
Bybit ETCUSDT	+0.0100%	8h	8.8870	−0.045%	$12.9M	$7.9M	75x	as long as short
OKX ETC-USDT-SWAP	+0.0100%	8h	8.8860	−0.056%	$8.6M	$17.6M	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_USDTlong	+0.0100%	8h	8.8910	long leg	$3.6M	$2.6M	60x
MEXC ETC_USDT	+0.0100%	8h	8.8880	−0.034%	$7.2M	$33.0M	200x	as long as short
KuCoin ETCUSDTM	+0.0100%	8h	8.8850	−0.067%	$2.9M	$651K	50x	as long as short
Bitget ETCUSDT	+0.0100%	8h	8.8810	−0.112%	$9.8M	$3.7M	75x	as long as short
BingX ETC-USDT	+0.0100%	8h	8.8870	−0.045%	—	$20.8M	—	as long as short
Variational Omni ETC	+0.0100%	8h	8.8380	−0.597%	$125K	$4K	—	as long as short
SoDEX ETC-USD	+0.0100%	1h	8.8750	−0.180%	$179	$5K	5x	as long as short
HTX ETC-USDT	+0.0100%	8h	8.8647	−0.296%	$120K	$292K	75x	as long as short
Phemex ETCUSDT	+0.0100%	8h	8.8780	−0.146%	$2.0M	$2.8M	50x	as long as short
Extended ETC-USD	+0.0104%	1h	8.8854	−0.063%	$12K	$93K	25x	as long as short
Coinbase International ETC-PERP-INTXshort	+0.0208%	1h	8.7360	−1.743%	$33K	$21K	50x
BloFin ETC-USDT	+0.0346%	8h	8.8620	−0.326%	$1.4M	$284K	50x	as long as short