Funding you earn now, next payment 08:00 UTC−0.0134%/8h= −14.7% APRnext payment −$1.34 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against Binance−0.010%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.010%, 7d avg −0.038%
=The price spread pays, funding is against you. Bybit is 0.028% dearer against Binance than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.038%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.029% in total) that is about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ATOMUSDT | 1.8082 | 0.0100 | pay 0.0100% / 8h | 4h 57m | $21.5M | $30.0M | 75x |
| Short | Bybit ATOMUSDT | 1.8080 | −0.0034 | pay 0.0034% / 8h | 4h 57m | $15.1M | $9.8M | 75x |
Binance ATOMUSDT
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$28.13
- Price spread: −0.010% → −0.038%
- $2.79
- Slippage, 4 orders
- −$27.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$73.65
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 1 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, 14 min ago | 2.75 bp | 13.4 bp −$13 | 23.9 bp −$239 | 135.1 bp −$13.5K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.77 bp | 12.7 bp −$13 | 24.9 bp −$249 | 88.4 bp −$8,843 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0312% | 1h | 1.7940 | −0.784% | $25K | $5K | 25x | as long as short |
| Variational Omni ATOM | −0.0072% | 8h | 1.8051 | −0.168% | $577K | $74K | — | as long as short |
| Bybit ATOMUSDTshort | −0.0034% | 8h | 1.8080 | −0.010% | $15.1M | $9.8M | 75x | |
| OKX ATOM-USDT-SWAP | −0.0027% | 8h | 1.8070 | −0.065% | $5.1M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8038 | −0.242% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8075 | −0.037% | $497 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8066 | −0.085% | $802 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0078% | 8h | 1.8040 | −0.231% | $1.1M | $297K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8083 | +0.007% | $2.8M | $745K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8036 | −0.254% | $977K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDTlong | +0.0100% | 8h | 1.8082 | long leg | $21.5M | $30.0M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.231% | $2.5M | $807K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.231% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | −0.231% | $1.6M | $677K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.046% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8060 | −0.120% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8065 | −0.091% | $444K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8058 | −0.133% | $763K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8015 | −0.369% | $314K | $175K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8030 | −0.286% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8032 | −0.276% | $5K | $204K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8090 | +0.046% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8067 | −0.083% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8040 | −0.233% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0356% | 1h | 1.8100 | +0.101% | $3.1M | $719K | 50x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD