Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX+0.034%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$960.960% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.034%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.032% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ETC-USDT | 8.7960 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $132K | $270K | 75x |
| Short | Phemex ETCUSDT | 8.7990 | 0.0100 | get 0.0100% / 8h | 2h 11m | $2.0M | $2.6M | 50x |
HTX ETC-USDT
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.034% → +0.002%
- $3.21
- Slippage, 4 orders
- −$72.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$92.8
- Costs to cover
- 0.960%
- Break-even
- never at this rate
Slippage from HTX: live order book, 10 min ago; Phemex: 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, 10 min ago | 14.50 bp | 46.9 bp −$47 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.84 bp | 11.6 bp −$12 | 44.0 bp −$440 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETC_USDC-PERPETUAL | −0.0125% | 1h | 8.7978 | +0.020% | $498 | $978 | 50x | as long as short |
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.045% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7989 | +0.033% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7950 | −0.011% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8011 | +0.058% | $2.2M | $425K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7974 | +0.016% | $984K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7930 | −0.034% | $26.2M | $67.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7870 | −0.102% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7900 | −0.068% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7980 | +0.023% | $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 | 8.7910 | −0.057% | $7.7M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8000 | +0.045% | $2.8M | $722K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7970 | +0.011% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7900 | −0.068% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8041 | +0.092% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7940 | −0.023% | $132 | $5K | 5x | as long as short |
| HTX ETC-USDTlong | +0.0100% | 8h | 8.7960 | long leg | $132K | $270K | 75x | |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.7990 | +0.034% | $2.0M | $2.6M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7941 | −0.022% | $11K | $191K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7941 | −0.021% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8000 | +0.045% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8440 | +0.546% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX