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: KuCoin against Phemex+0.011%50s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as 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−$850.854% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.190%+$19 · spread now +0.011%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.8720 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $2.0M | $2.7M | 50x |
| Short | KuCoin ETCUSDTM | 8.8730 | 0.0100 | get 0.0100% / 8h | 7h 48m | $2.9M | $728K | 50x |
Phemex ETCUSDT
KuCoin ETCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.011% → −0.006%
- $1.77
- Slippage, 4 orders
- −$61.4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$83.63
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 9 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, 5 min ago | 1.13 bp | 13.4 bp −$13 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 8.43 bp | 26.8 bp −$27 | 84.1 bp −$841 | 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 | −0.0195% | 1h | 8.8580 | −0.157% | $1.9M | $726K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8693 | −0.031% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8619 | −0.114% | $502 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8684 | −0.041% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.034% | $34 | $102K | 5.5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8688 | −0.036% | $992K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8650 | −0.079% | $26.6M | $69.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8570 | −0.169% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8640 | −0.090% | $8.8M | $17.1M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8710 | −0.011% | $3.6M | $2.5M | 60x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.8720 | 0.000% | $7.8M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTMshort | +0.0100% | 8h | 8.8730 | +0.011% | $2.9M | $728K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8644 | −0.086% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8630 | −0.101% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8531 | −0.213% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8590 | −0.147% | $143 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8765 | +0.051% | $121K | $300K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.8720 | long leg | $2.0M | $2.7M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8619 | −0.114% | $12K | $191K | 25x | as long as short |
| Hyperliquid ETC | +0.0118% | 1h | 8.8775 | +0.062% | $2.5M | $573K | 5x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8770 | +0.056% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9470 | +0.845% | $35K | $14K | 50x | as long as short |
MEXC ETC_USDT
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
Hyperliquid ETC
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX