Funding you earn now, next payment 04:00 UTC+0.0327%/8h= +35.8% APRpaid last 24h +0.050%
Price spread now: BingX against Kraken Futures−0.006%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% 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 | Kraken Futures PF_ETCUSD | 8.7885 | −0.0227 | get 0.0028% / 1h | 18m 52s | $1.9M | $683K | 50x |
| Short | BingX ETC-USDT | 8.7880 | 0.0100 | get 0.0100% / 8h | 4h 18m | — | $20.8M | — |
Kraken Futures PF_ETCUSD
BingX ETC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $68.57
- Price spread: −0.006% → 0.000%
- −$0.59
- Slippage, 4 orders
- −$39.99
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $7.99
- Costs to cover
- 0.600%
- Break-even
- 6.2 days
Slippage from Kraken Futures: live order book, 5 min ago; BingX: live order book, 5 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 Kraken Futures live order book, 5 min ago | 4.54 bp | 17.9 bp −$18 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.13 bp | 10.1 bp −$10 | 23.2 bp −$232 | 59.4 bp −$5,940 | 183.4 bp −$91.7K |
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_ETCUSDlong | −0.0227% | 1h | 8.7885 | long leg | $1.9M | $683K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.7974 | +0.101% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7895 | +0.011% | $498 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7878 | −0.008% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.984% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7950 | +0.074% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7826 | −0.067% | $983K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7897 | +0.014% | $26.3M | $69.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7830 | −0.063% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7850 | −0.040% | $8.5M | $17.3M | 50x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
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 | 8.7860 | −0.029% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7860 | −0.029% | $7.1M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7870 | −0.017% | $2.9M | $644K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7856 | −0.033% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDTshort | +0.0100% | 8h | 8.7880 | −0.006% | — | $20.8M | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.7994 | +0.124% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7870 | −0.017% | $186 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8095 | +0.239% | $119K | $291K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7890 | +0.005% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7846 | −0.045% | $15K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0344% | 8h | 8.7930 | +0.051% | $1.4M | $281K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.7360 | −0.598% | $33K | $21K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX