Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against MEXC+0.091%50s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.577%−$58 · spread now +0.091%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.104% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 50 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 | MEXC ETC_USDT | 8.8010 | 0.0100 | pay 0.0100% / 8h | 4h 16m | $7.1M | $33.0M | 200x |
| Short | Phemex ETCUSDT | 8.8090 | 0.0100 | get 0.0100% / 8h | 4h 16m | $2.0M | $2.8M | 50x |
MEXC ETC_USDT
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- $0
- Price spread: +0.091% → −0.013%
- $10.42
- Slippage, 4 orders
- −$46.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$51.96
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Phemex: live order book, 2 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 MEXC live order book, 2 min ago | 0.57 bp | 2.6 bp −$3 | 6.5 bp −$65 | 39.9 bp −$3,994 | 97.6 bp −$48.8K |
| Sell Phemex live order book, 2 min ago | 3.98 bp | 42.1 bp −$42 | 91.4 bp −$914 | doesn't fit | doesn't fit |
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 | −0.0226% | 1h | 8.8147 | +0.156% | $1.9M | $684K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8094 | +0.095% | $9K | $71 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8000 | −0.011% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.841% | $34 | $102K | 5.5x | as long as short |
| Deribit ETC_USDC-PERPETUAL | +0.0068% | 1h | 8.8148 | +0.157% | $499 | — | 50x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8129 | +0.135% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8036 | +0.030% | $985K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8056 | +0.052% | $26.3M | $69.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7990 | −0.023% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8050 | +0.045% | $8.5M | $17.3M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
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 | 8.8050 | +0.045% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.8010 | long leg | $7.1M | $33.0M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8030 | +0.023% | $2.9M | $650K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7988 | −0.025% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8050 | +0.045% | — | $20.7M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7994 | −0.018% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8130 | +0.136% | $191 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8047 | +0.042% | $119K | $291K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.8090 | +0.091% | $2.0M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8047 | +0.042% | $14K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0345% | 8h | 8.8070 | +0.068% | $1.4M | $282K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.7360 | −0.739% | $33K | $21K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX