Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against OKX+0.692%88s7-day average −0.283% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−1.392%−$139 · spread now +0.692%, 7d avg −0.283%
=The price spread pays, funding is against you. Injective is 0.975% dearer against OKX than usual: you sell high and buy low (spread +0.692% now, against its 7-day average of −0.283%): +$98 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 49 days. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you. The two prices were read 88 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 | OKX ETC-USDT-SWAP | 8.8140 | 0.0100 | pay 0.0100% / 8h | 4h 21m | $8.5M | $17.3M | 50x |
| Short | Injective ETC/USDC PERP | 8.8750 | 0.0033 | get 0.0004% / 1h | 21m 53s | $34 | $102K | 5.5x |
OKX ETC-USDT-SWAP
Injective ETC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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: +0.692% → −0.283%
- $97.54
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $73.52
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 2 min ago; Injective: 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 OKX live order book, 2 min ago | 0.57 bp | 10.0 bp −$10 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0226% | 1h | 8.8121 | −0.022% | $1.9M | $681K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8157 | +0.020% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8157 | +0.019% | $499 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8159 | +0.021% | — | — | 150x | as long as short |
| Injective ETC/USDC PERPshort | +0.0033% | 1h | 8.8750 | +0.692% | $34 | $102K | 5.5x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.8165 | +0.028% | $2.5M | $592K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8095 | −0.051% | $986K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8135 | −0.006% | $26.4M | $68.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8060 | −0.091% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAPlong | +0.0100% | 8h | 8.8140 | long leg | $8.5M | $17.3M | 50x |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8100 | −0.045% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8100 | −0.045% | $7.2M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8140 | 0.000% | $2.9M | $644K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8082 | −0.066% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8140 | 0.000% | — | $712K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8254 | +0.129% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8140 | 0.000% | $188 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8120 | −0.023% | $119K | $290K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8130 | −0.011% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8076 | −0.073% | $15K | $99K | 25x | as long as short |
| BloFin ETC-USDT | +0.0344% | 8h | 8.8120 | −0.023% | $1.4M | $282K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.7360 | −0.885% | $33K | $21K | 50x | as long as short |
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
Coinbase International ETC-PERP-INTX