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: MEXC against Phemex−0.011%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.011%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ETCUSDT | 8.8110 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $2.0M | $2.8M | 50x |
| Short | MEXC ETC_USDT | 8.8100 | 0.0100 | get 0.0100% / 8h | 3h 21m | $6.9M | $33.1M | 200x |
Phemex ETCUSDT
MEXC ETC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → +0.015%
- −$2.62
- Slippage, 4 orders
- −$19.5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.11
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; MEXC: live order book, 3 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 | 2.27 bp | 16.0 bp −$16 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.57 bp | 2.6 bp −$3 | 8.7 bp −$87 | 52.1 bp −$5,212 | 98.7 bp −$49.3K |
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 | −0.0119% | 1h | 8.8168 | +0.066% | $1.9M | $696K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8021 | −0.101% | $9K | $71 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8174 | +0.073% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8170 | +0.068% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.726% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8150 | +0.045% | $2.5M | $611K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8052 | −0.066% | $985K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8105 | −0.006% | $26.3M | $69.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8050 | −0.068% | $12.9M | $8.1M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8070 | −0.045% | $8.5M | $17.6M | 50x | as long as short |
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 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 | 8.8100 | −0.011% | $3.5M | $2.9M | 60x | as long as short |
| MEXC ETC_USDTshort | +0.0100% | 8h | 8.8100 | −0.011% | $6.9M | $33.1M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8100 | −0.011% | $2.8M | $663K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8059 | −0.058% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8080 | −0.034% | — | $711K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8249 | +0.157% | $125K | $4K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8130 | +0.023% | $169 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8147 | +0.042% | $119K | $293K | 75x | as long as short |
| Phemex ETCUSDTlong | +0.0100% | 8h | 8.8110 | long leg | $2.0M | $2.8M | 50x | |
| Extended ETC-USD | +0.0104% | 1h | 8.8145 | +0.039% | $12K | $93K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0208% | 1h | 8.7360 | −0.851% | $33K | $21K | 50x | as long as short |
| BloFin ETC-USDT | +0.0344% | 8h | 8.8090 | −0.023% | $1.4M | $282K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX
BloFin ETC-USDT