Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX−0.083%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)+0.135%+$13 · spread now −0.083%, 7d avg +0.029%
=Funding pays, the price is against you. BloFin is 0.112% cheaper against HTX than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.029%). If the spread goes back, that is −$11 on $10k: about 3.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.057% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ETC-USDT | 8.7963 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $132K | $270K | 75x |
| Short | BloFin ETC-USDT | 8.7890 | 0.0220 | get 0.0220% / 8h | 2h 10m | $1.4M | $216K | 50x |
HTX ETC-USDT
BloFin ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $25.2
- Price spread: −0.083% → +0.029%
- −$11.23
- Slippage, 4 orders
- −$69.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.33
- Costs to cover
- 0.933%
- Break-even
- 29.0 days
Slippage from HTX: live order book, 11 min ago; BloFin: live order book, 7 min ago.
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 HTX live order book, 11 min ago | 14.50 bp | 46.9 bp −$47 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 2.27 bp | 12.7 bp −$13 | 20.6 bp −$206 | 51.4 bp −$5,143 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETC_USDC-PERPETUAL | −0.0182% | 1h | 8.7938 | −0.028% | $498 | $978 | 50x | as long as short |
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.049% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7989 | +0.030% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8030 | +0.077% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8095 | +0.150% | $2.2M | $425K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7986 | +0.026% | $985K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8038 | +0.085% | $26.2M | $67.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7960 | −0.003% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8010 | +0.053% | $8.7M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8010 | +0.053% | $3.6M | $2.4M | 60x | as long as short |
Deribit ETC_USDC-PERPETUAL
Injective ETC/USDC PERP
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.8020 | +0.065% | $7.7M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8040 | +0.088% | $2.8M | $722K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8047 | +0.095% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8010 | +0.053% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7873 | −0.103% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7920 | −0.049% | $130 | $5K | 5x | as long as short |
| HTX ETC-USDTlong | +0.0100% | 8h | 8.7963 | long leg | $132K | $270K | 75x | |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7950 | −0.015% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7971 | +0.009% | $11K | $191K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7971 | +0.010% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.7890 | −0.083% | $1.4M | $216K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.542% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
Coinbase International ETC-PERP-INTX