Funding you earn now, next payment 22:00 UTC+0.0751%/8h= +82.2% APRnext payment +$0.94 per $10,000 · paid last 24h +0.054%
Price spread now: Coinbase International against Kraken Futures+2.287%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 2.287% dearer against Kraken Futures than usual: you sell high and buy low: +$229 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.8887 | −0.0215 | get 0.0027% / 1h | 8m 29s | $2.0M | $680K | 50x |
| Short | Coinbase International ETC-PERP-INTX | 9.0920 | 0.0536 | get 0.0067% / 1h | 8m 29s | $36K | $13K | 50x |
Kraken Futures PF_ETCUSD
Coinbase International ETC-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $157.66
- Price spread: +2.287% → 0.000%
- $228.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $366.37
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 5 min ago; Coinbase International: no order-book sample. 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 Kraken Futures live order book, 5 min ago | 2.82 bp | 17.7 bp −$18 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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_ETCUSDlong | −0.0215% | 1h | 8.8887 | long leg | $2.0M | $680K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.8828 | −0.067% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8905 | +0.020% | $504 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8893 | +0.007% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.154% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8945 | +0.065% | $2.3M | $426K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8880 | −0.008% | $995K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8911 | +0.027% | $26.5M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8820 | −0.075% | $13.1M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8780 | −0.120% | $8.8M | $16.6M | 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 | 8.8860 | −0.030% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8890 | +0.003% | $7.5M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8890 | +0.003% | $2.9M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8869 | −0.020% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8890 | +0.003% | — | $711K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8723 | −0.185% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8880 | −0.008% | $129 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8855 | −0.036% | $134K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8880 | −0.008% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8902 | +0.016% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8920 | +0.037% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTXshort | +0.0536% | 1h | 9.0920 | +2.287% | $36K | $13K | 50x |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT