Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.016%
Price spread now: Gate against Injective−0.439%84s7-day average +0.280% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+1.097%+$110 · spread now −0.439%, 7d avg +0.280%
=Funding pays, the price is against you. Gate is 0.719% cheaper against Injective than usual: you would sell low and buy high (spread −0.439% now, against its 7-day average of +0.280%). If the spread goes back, that is −$72 on $10k: about 36 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour. The two prices were read 84 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 | Injective ETC/USDC PERP | 8.8750 | 0.0033 | pay 0.0004% / 1h | 57m 58s | $34 | $102K | 5.5x |
| Short | Gate ETC_USDT | 8.8360 | 0.0100 | get 0.0100% / 8h | 3h 57m | $3.6M | $2.6M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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: −0.439% → +0.280%
- −$71.94
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$72.96
- Costs to cover
- 0.150%
- Break-even
- 43.5 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 6.24 bp | 18.8 bp −$19 | 55.3 bp −$553 | doesn't fit | doesn't fit |
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 | −0.0119% | 1h | 8.8456 | −0.331% | $1.9M | $681K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8343 | −0.459% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8383 | −0.414% | $501 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8358 | −0.442% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPlong | +0.0033% | 1h | 8.8750 | long leg | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.8496 | −0.286% | $2.5M | $590K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8351 | −0.450% | $989K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8404 | −0.390% | $26.4M | $69.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8390 | −0.406% | $12.9M | $7.9M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8440 | −0.349% | $8.5M | $17.4M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDTshort | +0.0100% | 8h | 8.8360 | −0.439% | $3.6M | $2.6M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8400 | −0.394% | $7.2M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8400 | −0.394% | $2.9M | $651K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8408 | −0.385% | $9.8M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8420 | −0.372% | — | $710K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8370 | −0.429% | $125K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8390 | −0.406% | $178 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8325 | −0.479% | $119K | $291K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8370 | −0.428% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8379 | −0.418% | $12K | $98K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0208% | 1h | 8.7360 | −1.566% | $33K | $21K | 50x | as long as short |
| BloFin ETC-USDT | +0.0344% | 8h | 8.8480 | −0.304% | $1.4M | $283K | 50x | as long as short |
Injective ETC/USDC PERP
Gate ETC_USDT
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX
BloFin ETC-USDT