Funding you earn now, next payment 00:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.049%
Price spread now: Kraken Futures against HTX−0.003%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1261.265% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.003%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.027% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ETC-USDT | 8.8734 | 0.0100 | pay 0.0100% / 8h | 21m 47s | $121K | $298K | 75x |
| Short | Kraken Futures PF_ETCUSD | 8.8731 | −0.0193 | pay 0.0024% / 1h | 21m 47s | $2.0M | $720K | 50x |
HTX ETC-USDT
Kraken Futures PF_ETCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$61.49
- Price spread: −0.003% → +0.024%
- −$2.7
- Slippage, 4 orders
- −$104.48
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$190.67
- Costs to cover
- 1.265%
- Break-even
- never at this rate
Slippage from HTX: live order book, 55 min ago; Kraken Futures: live order book, 2 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, 55 min ago | 18.22 bp | 47.9 bp −$48 | 354.7 bp −$3,547 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.89 bp | 34.5 bp −$35 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0293% | 1h | 8.8750 | +0.018% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSDshort | −0.0193% | 1h | 8.8731 | −0.003% | $2.0M | $720K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.8672 | −0.070% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8765 | +0.035% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8808 | +0.083% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8766 | +0.036% | $2.3M | $441K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8753 | +0.021% | $993K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8670 | −0.072% | $26.5M | $68.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8680 | −0.061% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8650 | −0.095% | $8.8M | $16.9M | 50x | as long as short |
Injective ETC/USDC PERP
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 | 8.8680 | −0.061% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8690 | −0.050% | $7.6M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8680 | −0.061% | $2.9M | $724K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8704 | −0.034% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8660 | −0.083% | — | $707K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8595 | −0.157% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8750 | +0.018% | $137 | $5K | 5x | as long as short |
| HTX ETC-USDTlong | +0.0100% | 8h | 8.8734 | long leg | $121K | $298K | 75x | |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8760 | +0.029% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8723 | −0.012% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8630 | −0.117% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9830 | +1.235% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX