Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Phemex against Binance−0.037%52s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$820.816% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.037%, 7d avg −0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ATOMUSDT | 1.7947 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $21.3M | $31.6M | 75x |
| Short | Phemex ATOMUSDT | 1.7940 | 0.0100 | get 0.0100% / 8h | 6h 55m | $1.6M | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.037% → −0.024%
- −$1.24
- Slippage, 4 orders
- −$59.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$82.82
- Costs to cover
- 0.816%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Phemex: 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 Binance live order book, 1 min ago | 2.79 bp | 11.6 bp −$12 | 28.7 bp −$287 | 139.8 bp −$14.0K | doesn't fit |
| Sell Phemex live order book, 3 min ago | 16.67 bp | 31.8 bp −$32 | 41.8 bp −$418 | 135.5 bp −$13.6K | 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 ATOMUSDT | −0.0175% | 8h | 1.7923 | −0.131% | $15.0M | $10.8M | 75x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0084% | 1h | 1.7944 | −0.014% | $493 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0081% | 8h | 1.7902 | −0.247% | $573K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0072% | 8h | 1.7930 | −0.092% | $5.1M | $5.6M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.7955 | +0.048% | $3.1M | $700K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7957 | +0.059% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7956 | +0.053% | $12K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.037% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.7950 | +0.019% | $1.1M | $321K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7940 | −0.037% | $2.8M | $855K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.7915 | −0.174% | $975K | $245K | 20x | as long as short |
| Binance ATOMUSDTlong | +0.0100% | 8h | 1.7947 | long leg | $21.3M | $31.6M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7930 | −0.092% | $2.4M | $817K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7940 | −0.037% | $8.7M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7950 | +0.019% | $1.6M | $794K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7937 | −0.053% | $6.7M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7940 | −0.037% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7982 | +0.195% | $442K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7990 | +0.240% | $763K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7925 | −0.120% | $312K | $181K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7940 | −0.037% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7946 | −0.005% | $9K | $207K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.7940 | −0.037% | $654 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7950 | +0.021% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7925 | −0.119% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Phemex ATOMUSDT
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Kraken Futures PF_ATOMUSD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOM
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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]