Funding you earn now, next payment 08:00 UTC−0.0274%/8h= −30.0% APRnext payment −$2.74 per $10,000 · paid last 24h −0.023%
Price spread now: Bybit against Aster+0.056%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$910.911% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.056%, 7d avg +0.014%
=Together, before fees−0.122%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.041% dearer against Aster than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.014%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.135% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ATOMUSDT | 1.7990 | 0.0100 | pay 0.0100% / 8h | 6h 53m | $979K | $245K | 20x |
| Short | Bybit ATOMUSDT | 1.8000 | −0.0174 | pay 0.0174% / 8h | 6h 53m | $15.0M | $10.8M | 75x |
Aster ATOMUSDT
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$57.6
- Price spread: +0.056% → +0.014%
- $4.13
- Slippage, 4 orders
- −$72.11
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$144.58
- Costs to cover
- 0.911%
- Break-even
- never at this rate
Slippage from Aster: live order book, 15 min ago; Bybit: live order book, just now.
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 Aster live order book, 15 min ago | 13.76 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 2.78 bp | 13.8 bp −$14 | 34.2 bp −$342 | 99.7 bp −$9,969 | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDTshort | −0.0174% | 8h | 1.8000 | +0.056% | $15.0M | $10.8M | 75x | |
| OKX ATOM-USDT-SWAP | −0.0081% | 8h | 1.8000 | +0.056% | $5.1M | $5.7M | 50x | as long as short |
| Variational Omni ATOM | −0.0081% | 8h | 1.7902 | −0.488% | $573K | $76K | — | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8024 | +0.187% | $3.1M | $700K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7997 | +0.041% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8019 | +0.161% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8015 | +0.141% | $12K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.278% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0075% | 8h | 1.7990 | 0.000% | $1.1M | $323K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0093% | 8h | 1.8010 | +0.111% | $1.6M | $1.9M | 50x | as long as short |
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Phemex ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ATOM | +0.0100% | 1h | 1.7995 | +0.028% | $2.8M | $852K | 5x | as long as short |
| Aster ATOMUSDTlong | +0.0100% | 8h | 1.7990 | long leg | $979K | $245K | 20x | |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.167% | $21.4M | $31.7M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8000 | +0.056% | $2.5M | $818K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8010 | +0.111% | $8.7M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8020 | +0.167% | $1.6M | $795K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8014 | +0.133% | $6.8M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | +0.056% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7982 | −0.047% | $442K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7948 | −0.232% | $762K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7985 | −0.028% | $313K | $181K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8006 | +0.088% | $9K | $207K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.7940 | −0.278% | $654 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8017 | +0.148% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7997 | +0.040% | $2K | — | 25x | as long as short |
Hyperliquid ATOM
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP