Funding you earn now, next payment 03:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.055%
Price spread now: Extended against Kraken Futures−0.088%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.088% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.044% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.7806 | −0.0010 | get 0.0001% / 1h | 6m 00s | $1.9M | $690K | 50x |
| Short | Extended ETC-USD | 8.7729 | 0.0104 | get 0.0013% / 1h | 6m 00s | $15K | $96K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $23.98
- Price spread: −0.088% → 0.000%
- −$8.82
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $0.16
- Costs to cover
- 0.150%
- Break-even
- 7.0 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; Extended: 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, 3 min ago | 5.11 bp | 23.4 bp −$23 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 | −0.0010% | 1h | 8.7806 | long leg | $1.9M | $690K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.7782 | −0.027% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7736 | −0.080% | $497 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7760 | −0.053% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +1.075% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7895 | +0.101% | $2.5M | $594K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7745 | −0.070% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7780 | −0.030% | $26.2M | $68.3M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7740 | −0.076% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7730 | −0.087% | $8.5M | $17.0M | 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_USDT | +0.0100% | 8h | 8.7820 | +0.015% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7760 | −0.053% | $7.4M | $32.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7760 | −0.053% | $2.9M | $645K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7821 | +0.017% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.7790 | −0.019% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7668 | −0.158% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7740 | −0.076% | $184 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7793 | −0.015% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7810 | +0.004% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USDshort | +0.0104% | 1h | 8.7729 | −0.088% | $15K | $96K | 25x | |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8000 | +0.220% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.8490 | +0.778% | $35K | $20K | 50x | as long as short |
Kraken Futures PF_ETCUSD
Extended 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-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX