Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Phemex−0.079%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.350%+$35 · spread now −0.079%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.077% cheaper against Phemex than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.8730 | 0.0100 | pay 0.0100% / 8h | 26m 42s | $2.0M | $2.7M | 50x |
| Short | BingX ETC-USDC | 8.8660 | 0.0100 | get 0.0100% / 8h | 26m 42s | — | $707K | — |
Phemex ETCUSDT
BingX ETC-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phemex. 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: −0.079% → −0.002%
- −$7.69
- Slippage, 4 orders
- −$31.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.09
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; BingX: 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 Phemex live order book, 2 min ago | 2.25 bp | 16.8 bp −$17 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.13 bp | 8.5 bp −$9 | 57.2 bp −$572 | 763.2 bp −$76.3K | 1265.9 bp −$633.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0293% | 1h | 8.8750 | +0.023% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0193% | 1h | 8.8691 | −0.044% | $2.0M | $714K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8729 | −0.001% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8733 | +0.003% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8766 | +0.041% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8812 | +0.092% | $2.3M | $441K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8684 | −0.052% | $992K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8704 | −0.029% | $26.5M | $68.7M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8590 | −0.158% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8570 | −0.180% | $8.8M | $16.8M | 50x | as long as short |
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
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 | 8.8700 | −0.034% | $3.5M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8690 | −0.045% | $7.6M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8720 | −0.011% | $2.9M | $723K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8687 | −0.048% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDCshort | +0.0100% | 8h | 8.8660 | −0.079% | — | $707K | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.8820 | +0.101% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8710 | −0.023% | $134 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8703 | −0.030% | $121K | $298K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.8730 | long leg | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8688 | −0.048% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8750 | +0.023% | $1.5M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 8.9830 | +1.240% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX