Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: MEXC against Injective−1.521%7-day average +0.279% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+2.024%+$202 · spread now −1.521%, 7d avg +0.279%
=Funding pays, the price is against you. MEXC is 1.800% cheaper against Injective than usual: you would sell low and buy high (spread −1.521% now, against its 7-day average of +0.279%). If the spread goes back, that is −$180 on $10k: about 3 months of funding at the current rate (+$2 a day).
| 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 | 54m 49s | $34 | $102K | 5.5x |
| Short | MEXC ETC_USDT | 8.7400 | 0.0100 | get 0.0100% / 8h | 1h 54m | $6.8M | $33.1M | 200x |
Injective ETC/USDC PERP
MEXC ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −1.521% → +0.279%
- −$180.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$170.03
- Costs to cover
- 0.040%
- Break-even
- 92.0 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.57 bp | 2.6 bp −$3 | 6.3 bp −$63 | 54.0 bp −$5,400 | 102.3 bp −$51.2K |
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 | −0.0274% | 1h | 8.7467 | −1.446% | $1.9M | $704K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7455 | −1.459% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7410 | −1.510% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7483 | −1.428% | — | — | 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 | 8.7511 | −1.396% | $2.5M | $618K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7315 | −1.617% | $977K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7348 | −1.579% | $26.2M | $71.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7310 | −1.623% | $13.0M | $8.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7350 | −1.577% | $8.5M | $18.1M | 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 | 8.7370 | −1.555% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.7400 | −1.521% | $6.8M | $33.1M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7370 | −1.555% | $2.8M | $722K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7338 | −1.591% | $9.6M | $3.9M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7380 | −1.544% | — | $705K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7310 | −1.623% | $123K | $5K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7400 | −1.521% | $199 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7330 | −1.600% | $117K | $308K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7480 | −1.431% | $2.0M | $2.9M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7358 | −1.569% | $14K | $96K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0104% | 1h | 8.7950 | −0.901% | $33K | $22K | 50x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.7340 | −1.589% | $1.4M | $292K | 50x | as long as short |
Gate 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