Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.026%
Price spread now: Deribit against Gate−0.070%7-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 −$1 a day on $10k at the current rate, and Deribit is 0.070% cheaper against Gate than usual: you would sell low and buy high (−$7 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 | Gate ETC_USDT | 8.8100 | 0.0040 | pay 0.0040% / 8h | 7h 13m | $3.5M | $2.9M | 60x |
| Short | Deribit ETC_USDC-PERPETUAL | 8.8038 | 0 | get 0.0000% / 1h | 13m 01s | — | — | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- −$8.4
- Price spread: −0.070% → 0.000%
- −$7.04
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$37.44
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; 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 Gate live order book, 5 min ago | 6.25 bp | 19.6 bp −$20 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETC-USD | 0.0000% | 1h | 8.8120 | +0.023% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUALshort | 0.0000% | 1h | 8.8038 | −0.070% | — | — | 50x | |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S 0.0000% | 1h | 8.8082 | −0.020% | $197 | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.738% | $34 | $102K | 5.5x | as long as short |
| Gate ETC_USDTlong | +0.0040% | 8h | 8.8100 | long leg | $3.5M | $2.9M | 60x | |
| Kraken Futures PF_ETCUSD | +0.0069% | 1h | 8.8085 | −0.017% | $1.9M | $721K | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8176 | +0.086% | $2.5M | $585K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8095 | −0.005% | $986K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8110 | +0.012% | $26.6M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8040 | −0.068% | $13.2M | $8.8M | 75x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8130 | +0.034% | $8.6M | $17.4M | 50x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8090 | −0.011% | $6.9M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8150 | +0.057% | $2.8M | $732K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8080 | −0.023% | $9.7M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8070 | −0.034% | — | $23.3M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8097 | −0.003% | $124K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8040 | −0.068% | $215 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8078 | −0.025% | $119K | $308K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8060 | −0.045% | $1.9M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8096 | −0.005% | $2K | $220K | 25x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.8050 | −0.057% | $1.4M | $298K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0504% | 1h | 8.7890 | −0.238% | $33K | $15K | 50x | as long as short |
Gate ETC_USDT
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
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
Coinbase International ETC-PERP-INTX