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 OKX+0.091%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−1.076%−$108 · spread now +0.091%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.083% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ETC-USDT-SWAP | 8.7910 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $8.5M | $17.0M | 50x |
| Short | Phemex ETCUSDT | 8.7990 | 0.0100 | get 0.0100% / 8h | 5h 07m | $2.0M | $2.7M | 50x |
OKX ETC-USDT-SWAP
Phemex ETCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.091% → +0.008%
- $8.27
- Slippage, 4 orders
- −$41.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$55.55
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Phemex: live order book, 6 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 OKX live order book, 1 min ago | 0.57 bp | 12.4 bp −$12 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 6.23 bp | 19.1 bp −$19 | 43.4 bp −$434 | 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 | −0.0010% | 1h | 8.8002 | +0.105% | $1.9M | $690K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7942 | +0.037% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8028 | +0.134% | $499 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7977 | +0.076% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.956% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8024 | +0.130% | $2.5M | $594K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7968 | +0.066% | $984K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7940 | +0.034% | $26.3M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7900 | −0.011% | $12.8M | $7.8M | 75x | as long as short |
| OKX ETC-USDT-SWAPlong | +0.0100% | 8h | 8.7910 | long leg | $8.5M | $17.0M | 50x |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
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 | 8.7980 | +0.080% | $3.6M | $2.6M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7940 | +0.034% | $7.4M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7950 | +0.046% | $2.9M | $643K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7900 | −0.011% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7990 | +0.091% | — | $707K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8178 | +0.305% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7980 | +0.080% | $183 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7916 | +0.007% | $119K | $292K | 75x | as long as short |
| Phemex ETCUSDTshort | +0.0100% | 8h | 8.7990 | +0.091% | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.7957 | +0.053% | $15K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8080 | +0.193% | $1.4M | $246K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.8490 | +0.660% | $35K | $20K | 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
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX