Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Variational Omni−0.058%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.058% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.9009 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $126K | $4K | — |
| Short | dYdX ETC-USD | 8.8957 | 0 | get 0.0000% / 1h | 50m 35s | $9K | $71 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Variational Omni. 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
- −$21
- Price spread: −0.058% → 0.000%
- −$5.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$36.84
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; dYdX: 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 Variational Omni RFQ quote, 3 min ago | 3.27 bp | doesn't fit | 62.2 bp −$622 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0118% | 1h | 8.9008 | −0.001% | $1.9M | $682K | 50x | as long as short |
| dYdX ETC-USDshort | 0.0000% | 1h | 8.8957 | −0.058% | $9K | $71 | 10x | |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9065 | +0.062% | $505 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9086 | +0.086% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.291% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8926 | −0.094% | $2.5M | $590K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8926 | −0.094% | $995K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8854 | −0.174% | $26.5M | $69.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8790 | −0.247% | $13.0M | $8.0M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8780 | −0.258% | $8.6M | $17.6M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8890 | −0.134% | $3.6M | $2.7M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8890 | −0.134% | $7.2M | $33.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8980 | −0.033% | $2.9M | $663K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8881 | −0.144% | $9.8M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8850 | −0.179% | — | $20.8M | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.9009 | long leg | $126K | $4K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8990 | −0.022% | $177 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9047 | +0.042% | $121K | $292K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9010 | +0.001% | $2.0M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8854 | −0.174% | $12K | $93K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0208% | 1h | 8.7360 | −1.853% | $33K | $21K | 50x | as long as short |
| BloFin ETC-USDT | +0.0346% | 8h | 8.9000 | −0.011% | $1.4M | $285K | 50x | as long as short |
Variational Omni ETC
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX
BloFin ETC-USDT