Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against HTX−0.987%65s7-day average −0.327% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.073%−$7 on $10k
+Price spread, last 3 days (all we have)+0.808%+$81 · spread now −0.987%, 7d avg −0.327%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.660% cheaper against HTX than usual: you would sell low and buy high (−$66 if the spread goes back to its 7-day average of −0.327%). Swap the legs. The two prices were read 65 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 | HTX ETC-USDT | 8.9635 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $122K | $296K | 75x |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 10m 15s | $34 | $102K | 5.5x |
HTX ETC-USDT
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.987% → −0.327%
- −$66.03
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$92.05
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 62 min ago; Injective: 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 HTX live order book, 62 min ago | 16.84 bp | 30.1 bp −$30 | 186.1 bp −$1,861 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0193% | 1h | 8.9504 | −0.147% | $2.0M | $711K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9483 | −0.170% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9569 | −0.074% | $507 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9600 | −0.039% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | −0.987% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.9720 | +0.095% | $2.5M | $581K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9561 | −0.082% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9610 | −0.028% | $26.9M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9550 | −0.095% | $13.1M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9550 | −0.095% | $8.9M | $17.0M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.9580 | −0.061% | $3.7M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9600 | −0.039% | $7.8M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9620 | −0.017% | $2.9M | $715K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9587 | −0.054% | $10.0M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9590 | −0.050% | — | $20.9M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.9345 | −0.323% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9500 | −0.151% | $151 | $5K | 5x | as long as short |
| HTX ETC-USDTlong | +0.0100% | 8h | 8.9635 | long leg | $122K | $296K | 75x | |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9590 | −0.050% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9615 | −0.023% | $12K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9500 | −0.151% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9830 | +0.218% | $36K | $14K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX