Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.013%
Price spread now: Injective against BingX−0.110%72s7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$980.976% of the position
Funding, last 7 days+0.371%+$37 on $10k
+Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.110%, 7d avg +0.084%
=Funding pays, the price is against you. Injective is 0.194% cheaper against BingX than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.084%). If the spread goes back, that is −$19 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.371% in total) that is about 3.7 days. The two prices were read 72 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 | BingX ATOM-USDT | 1.8220 | 0.0100 | pay 0.0100% / 8h | 1h 41m | — | $24.7M | — |
| Short | Injective ATOM/USDC PERP | 1.8200 | 0.0143 | get 0.0018% / 1h | 41m 55s | $664 | $233K | 12x |
BingX ATOM-USDT
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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
- $9
- Price spread: −0.110% → +0.084%
- −$19.41
- Slippage, 4 orders
- −$87.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$108.05
- Costs to cover
- 0.976%
- Break-even
- 91.0 days
Slippage from BingX: live order book, 12 min ago; Injective: live order book, 27 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 BingX live order book, 12 min ago | 5.53 bp | 10.5 bp −$11 | 24.8 bp −$248 | 93.5 bp −$9,349 | 351.2 bp −$175.6K |
| Sell Injective live order book, 27 min ago | 36.00 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0079% | 1h | 1.8225 | +0.027% | $501 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0075% | 8h | 1.8210 | −0.055% | $5.3M | $5.2M | 50x | as long as short |
| Variational Omni ATOM | −0.0003% | 8h | 1.8113 | −0.586% | $590K | $30K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8228 | +0.045% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8227 | +0.038% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0015% | 8h | 1.8214 | −0.033% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | −0.384% | $25K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0099% | 1h | 1.8241 | +0.118% | $3.1M | $674K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8221 | +0.005% | $2.8M | $907K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8212 | −0.043% | $991K | $235K | 20x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8234 | +0.076% | $21.8M | $30.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8210 | −0.055% | $2.5M | $836K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8240 | +0.110% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8230 | +0.055% | $1.6M | $834K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8228 | +0.044% | $6.9M | $2.8M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.8220 | long leg | — | $24.7M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8170 | −0.275% | $447K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8170 | −0.272% | $774K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8205 | −0.082% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8220 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8231 | +0.058% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0116% | 8h | 1.8200 | −0.110% | $1.1M | $327K | 75x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0143% | 1h | 1.8200 | −0.110% | $664 | $233K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8230 | +0.053% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8209 | −0.061% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP