Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.043%101s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as 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−$580.580% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.043%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.039% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ATOMUSDT | 1.8078 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $21.5M | $31.5M | 75x |
| Short | BloFin ATOM-USDT | 1.8070 | 0.0072 | get 0.0072% / 8h | 7h 43m | $1.1M | $326K | 75x |
Binance ATOMUSDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$5.93
- Price spread: −0.043% → −0.004%
- −$3.87
- Slippage, 4 orders
- −$35.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$67.74
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 4 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 Binance live order book, 13 min ago | 2.76 bp | 11.8 bp −$12 | 25.0 bp −$250 | 134.9 bp −$13.5K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 8.32 bp | 19.3 bp −$19 | 29.4 bp −$294 | 82.8 bp −$8,285 | 226.6 bp −$113.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0415% | 1h | 1.8035 | −0.236% | $496 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0077% | 8h | 1.8050 | −0.153% | $15.1M | $10.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0073% | 8h | 1.8060 | −0.098% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0063% | 8h | 1.8002 | −0.418% | $575K | $80K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8067 | −0.059% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8057 | −0.117% | $9K | — | 150x | as long as short |
| Phemex ATOMUSDT | +0.0070% | 8h | 1.8050 | −0.153% | $1.6M | $1.9M | 50x | as long as short |
| BloFin ATOM-USDTshort | +0.0072% | 8h | 1.8070 | −0.043% | $1.1M | $326K | 75x | |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | +0.013% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8069 | −0.048% | $2.8M | $858K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Phemex ATOMUSDT
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8045 | −0.180% | $982K | $230K | 20x | as long as short |
| Binance ATOMUSDTlong | +0.0100% | 8h | 1.8078 | long leg | $21.5M | $31.5M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.209% | $2.5M | $850K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8060 | −0.098% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8060 | −0.098% | $1.6M | $794K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8072 | −0.032% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8050 | −0.153% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8054 | −0.132% | $444K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8055 | −0.123% | $770K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8053 | −0.137% | $309K | $166K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8066 | −0.066% | $7K | $216K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8059 | −0.101% | $3.1M | $696K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8030 | −0.264% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8048 | −0.164% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8026 | −0.285% | $2K | — | 25x | as long as short |
Aster 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
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP